Report: TransCanada vastly exaggerating Energy East’s ability to reduce overseas oil imports
About The Report: TransCanada has been misleading Canadians and investors by repeating false information in a desperate attempt to justify its Energy East pipeline and tanker proposal. TransCanada’s inaccurate claim: Eastern Canadian refineries import 86 per cent of their daily needs, from more expensive overseas sources including Saudi Arabia, Nigeria, Venezuela and Algeria. The truth:...
