Carney, Smith say new West Coast pipeline could get oil companies building again
A proposed West Coast pipeline could add new crude oil transport capacity and encourage upstream investment.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Canadian crude oil imports →Stands to benefitCanada supplies 60.9% of this import stream, so added west-coast export capacity should most directly benefit Canadian crude producers and exporters.
87% confidenceCanadian crude oil imports →supply upA larger Canadian crude import stream should improve feedstock availability for refining, supporting jet fuel supply.
66% confidenceEnbridge Inc. →supply upThe proposed West Coast pipeline adds crude transport capacity and is expected to spur upstream investment, which should increase crude oil feedstock availability into Enbridge-linked operations.
Hop 2
Crude Oil Feedstock →supply upCrude oil feedstock is a critical one-to-one input to gasoline and diesel, so more feedstock availability directly increases their supply.
95% confidenceCrude Oil Feedstock →supply upHome heating oil is also a critical downstream product of crude feedstock, so easier crude transport should raise its availability.
94% confidenceCrude Oil Feedstock →Stands to benefitIrving Oil has low substitutability for this input and a 6-month replacement lag, so better crude access is a meaningful help.
Hop 3
Bitumen / Asphalt Binder →supply upBitumen/asphalt binder is a critical 95%-strength input to asphalt and paving materials, so more upstream supply should make the downstream good more available.
93% confidenceExxonMobil →Stands to benefitProPetro disclosed ExxonMobil accounted for 24.9% of 2025 revenue, so a pickup in Exxon upstream drilling activity should directly benefit the service provider.
77% confidenceBitumen / Asphalt Binder →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Jet fuel · Gasoline and diesel · Home heating oil · Asphalt and paving materials
In the MyPRIA app, this is checked against your own holdings.