The Financial Post reports in its Saturday edition that the expansion of Canada's Trans Mountain oil pipeline is nearly ready for action after years of delays and billions of dollars in cost overruns. A Bloomberg dispatch to the Post says, however, that Tamarack Valley Energy chief executive officer Brian Schmidt sees a need for even more export capacity in the long run as drillers increase output from newer fields like the Clearwater play his company specializes in. The expanded Trans Mountain line -- scheduled to start commercial operations in less than two weeks -- protects Alberta's growing heavy-oil production from the steeper discounts it would have sold at had it needed to move on rail, Mr. Schmidt said last week. The Canadian oil sector could expand further if it had more pipeline capacity, with an indigenous-led project allowing more access to the Pacific coast as the ideal scenario, he said. Tamarack shares closed Friday at $3.77, unchanged on the Toronto Stock Exchange,
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