Pipeline closure could cause pump prices to explode in Quebec and Ontario

Pipeline closure could cause pump prices to explode in Quebec and Ontario

Gasoline prices at the pump could explode in Quebec and Ontario this spring if the closure of the Enbridge Line 5 pipeline in Michigan goes ahead.

This infrastructure meets half of the crude oil needs of the two provinces.

This pipeline transports oil from western Canada through the US Great Lakes states to Ontario, where much of the crude is transformed into gasoline and other fuels before the rest is shipped through Line 9. to refineries in Quebec.

The Canadian Chamber of Commerce does not hide its concern about this closure scheduled for next May, which could drive up the price at the pump in Quebec and Ontario.

According to the “Globe and Mail”, discussions are underway with Washington, on the eve of the arrival of new Democratic President Joe Biden at the White House on January 20.

In Quebec, the oil from Line 9 – from Line 5 – provides 40% to 50% of the crude oil used by its refineries.

Without this pipeline, Ontario would be deprived of about 45% of its crude oil needs, according to Enbridge. This oil is used to produce gasoline and diesel, as well as all of the kerosene used at Toronto Pearson International Airport.

Quebec and Ontario could be forced to import more oil by train, truck or boat.

The economic consequences would not be negligible for Alberta and Saskatchewan either.

The Enbridge Line 5 pipeline notably crosses the Straits of Mackinac, Michigan, where spills are feared. Michigan Governor Gretchen Whitmer announced last November that she would revoke the easement granted in 1953 to avoid any risk of environmental catastrophe.

“This has very serious ramifications,” said Joe Comartin, the Canadian government’s consul general in Detroit, according to The Globe, adding that the section of the pipeline under the waterway received a “clean health check” last year. US authorities.

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