Sep 3, 2026 · 54 min · 13 segments
Canada is once again attempting to build nuclear megaprojects after a long pause, making the experience of people who have actually delivered recent large industrial projects increasingly valuable…
Ian McGregorGuestChris KeeferHostSo just to bring things kind of full circle, we were starting having a look at what was unique about the large part of the oil product that Alberta produces in the form of bitumen.
Currently about 4%, I believe 4 million, 5 million barrels per day out of Alberta.
The vast majority of that goes to the US through established pipeline networks down to refiners in the Midwest.
Let's say 4 million barrels per day, a million A little bit more, I guess, now is going out to the Pacific via pipeline.
And we have this anxiety with our neighbors to the south and a desire to extract more value of our own resources and have a bit more control over it.
So in a world in which we're refining a lot more products in Alberta and getting, I guess, smaller volumes of higher value products, we're not as dependent on pipelines.
Is that true? If we make diesel products, can we use rail to ship those and avoid some pipeline use and diversify markets that way?
Yeah, I mean, you know, diesel typically inside North America, diesel moves by rail.
It's going from a refinery to a distributor where the raw materials are going to a refinery and then it'll go to a distributor.
In the oil sands, if you think about it, people say we have the third largest reserves in the world.
So just to bring things kind of full circle, we were starting having a look at what was unique about the large part of the oil product that Alberta produces in the form of bitumen.
Currently about 4%, I believe 4 million, 5 million barrels per day out of Alberta.
The vast majority of that goes to the US through established pipeline networks down to refiners in the Midwest.
Let's say 4 million barrels per day, a million A little bit more, I guess, now is going out to the Pacific via pipeline.
And we have this anxiety with our neighbors to the south and a desire to extract more value of our own resources and have a bit more control over it.
So in a world in which we're refining a lot more products in Alberta and getting, I guess, smaller volumes of higher value products, we're not as dependent on pipelines.
Is that true? If we make diesel products, can we use rail to ship those and avoid some pipeline use and diversify markets that way?
Yeah, I mean, you know, diesel typically inside North America, diesel moves by rail.
It's going from a refinery to a distributor where the raw materials are going to a refinery and then it'll go to a distributor.
In the oil sands, if you think about it, people say we have the third largest reserves in the world.
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