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Why Canada Is Rethinking Pipelines and Rediscovering Refineries

Barchart·01/07/2026 12:10:03
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Canada’s long-running debate over how to get its oil to market took an unexpected turn this week after British Columbia Premier David Eby argued that Ottawa should prioritize building refineries rather than new export pipelines, reframing a discussion that has dominated Canadian energy politics for years. Eby’s comments come as U.S. actions in Venezuela add uncertainty to global oil markets and renew attention on Canada’s reliance on the United States as its main crude buyer. Instead of pushing raw oil to tidewater for export,…