The supply of heating oil is not a concern in Nova Scotia. Heating oil and other petroleum products are refined locally here in the Atlantic provinces, and any excess product we have is exported outside our region.
Nova Scotia is not dependent upon any ONE region for our supply of crude oil. Currently our supply comes from 11 different countries, and for all the talk of ‘Middle East oil’, our largest supplier of crude oil to Nova Scotia has traditionally been Norway, but in recent years African countries such as Angola and Nigeria have become more prominent sources for crude imports, further enhancing this diversity.
As shown below, Nova Scotia imports crude oil from a diverse group of countries:
Conversely, the natural gas supply for Nova Scotia comes from ONE pipeline and ONE source; a source that is set to expire in the very near future. Sable Offshore officials and Nova Scotia Department of Energy officials have confirmed revised downward estimates for Sable gas, advising the project will expire in 2014 not 2024 as originally stated. Deep Panuke slated to begin delivering gas in late 2012 is estimated to last 10 years... will this supply estimate be any more accurate than Sable's forecasting whose supply is ending a DECADE early?
Our gas utility continues to boast abundant domestic production, but unlike other parts of the country, our access to gas is provided by only ONE pipeline which does not provide many options for security of supply. What will happen to Nova Scotian’s who switched? Where will your gas come from when our offshore runs out and at what cost?