With the war in the Middle East threatening the global supply of oil, most Canadians appreciate the urgent need for a new pipeline to our West Coast and others to the east — entirely within Canada.

Albertans are understandably frustrated after a decade of Liberal policies that have blocked access to world markets for oil and gas. As an outside observer, I can empathize.

U.S. President Donald Trump recently signed an agreement to build a new pipeline. Bridger would then build a 1,000-km pipeline from Monchy, Sask., terminating in a major oil hub in Guernsey, Wyo. With an eventual capacity of one million barrels daily, it would increase Canada’s crude exports by 20 per cent.

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While this might appear to be good news, Alberta would continue to sell its oil to the U.S. at discount prices. Moreover, Trump or his successor could, in future, terminate this agreement.

Canada is the world’s fourth-largest producer and exporter of crude oil and its........

© Calgary Herald