March 22, 2018 [Lethbridge Herald] - The largest oil import terminal in the U.S., the Louisiana Offshore Oil Port, is testing a very large crude carrier (VLCC) to load an export cargo for the first time.
If the trial is successful, the U.S. will achieve a major increase in its capacity to export its shale oil production that’s roiling global markets. The ability to load VLCCs that carry two million barrels significantly cuts the cost of shipping oil overseas.
The Second Narrows between Kinder Morgan’s Westridge marine terminal in Burnaby and Vancouver harbour limits tankers to about 500,000 barrels.
Why are Prime Minister Justin Trudeau and Alberta Premier Rachel Notley so intent on building an uncompetitive pipeline – the Trans Mountain expansion?
And why is Trudeau so intent on his Bill C-48, the Oil Tanker Moratorium Act, which would ban loading large oil tankers off B.C.’s north coast – but nowhere else?
We could safely load VLCCs at harbours in the Prince Rupert area from a sustainable Eagle Spirit multi-pipeline, multi energy corridor – and be far closer to Southeast Asian markets than the Americans.
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