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Natural Resources committee  I'll talk about the consequences of not building the Keystone XL pipeline or the Northern Gateway pipeline. That would really close in production of Canada's oil sands to a significant degree. The line 9 reversal would by no means be sufficient to continue the progression of Can

February 2nd, 2012Committee meeting

Michael Ervin

Natural Resources committee  As per my comments, I think the outlook is generally towards the continued decline of capacity as a result of what is inevitably going to be a declining gasoline demand. Given that gasoline constitutes about 40% of production of all petroleum products, that is going to be weighti

February 2nd, 2012Committee meeting

Michael Ervin

Natural Resources committee  I'll take a crack at that first.

February 2nd, 2012Committee meeting

Michael Ervin

Natural Resources committee  No. Relative to BRIC countries I don't, although certainly we already have seen countries such as India building very large, very technically advanced refineries—Reliance Industries Limited being one, for example. They are building. The refinery configurations they are putting in

February 2nd, 2012Committee meeting

Michael Ervin

Natural Resources committee  When a refinery goes offline unexpectedly, it certainly does create a disruption in supply. Refineries so affected have to very quickly scramble for makeup supply, which they will achieve by importing from the United States, bringing in product from other regions, often by rail,

February 2nd, 2012Committee meeting

Michael Ervin

Natural Resources committee  Mr. Chair and members of the committee, good morning. Thank you for your invitation to appear before this committee on the subject of the current and future state of oil and gas pipelines and refining capacity in Canada. My firm, MJ Ervin and Associates, which is a division of

February 2nd, 2012Committee meeting

Michael Ervin