The Globe and Mail reports in its Tuesday edition that Adam Waterous says building a new pipeline to the B.C. coast to expand access to overseas markets is now even more urgent, given U.S. President Donald Trump's vow to get Venezuela's crude pumping with the help of American oil majors. The Globe's Emma Graney and Jeffrey Jones write that Prime Minister Mark Carney has promised two-year approvals for major nation-building projects such as pipelines, but that needs to be trimmed to three months or less, says Mr. Waterous, executive chairman of oil producer Strathcona. The worry is Venezuelan oil flooding the heavy-oil market and possibly replacing Canadian heavy oil. On the weekend, U.S. forces captured President Nicolas Maduro and his wife in a military raid. On Sunday, Mr. Trump asserted that "we're in charge" of the country and would bring in U.S. oil companies to take over energy infrastructure. Given the Venezuelan industry's state of disrepair, it could take several years, and perhaps as much as $100-billion (U.S.), for oil production to get back to the three million barrels a day the country was producing in the late 1990s. U.S. oil majors have so far been silent on any plans to rebuild Venezuela's oil industry.