One local oil and gas industry business is happy to ring in the news of a step forward in the construction of the Trans Mountain pipeline.

The Federal Court of Appeal recently dismissed an appeal challenging the expansion of the Trans Mountain pipeline.

Darryl Meyer, the owner of B&A Petroleum, said that he's cautiously optimistic in Canadian oil and gas returning to form in the future thanks pipeline activity.

He explained how the Trans Mountain line would help the oil and gas industry.

"If we can get it out to the ocean, then we have access to the markets that want heavy crude, a lot of it [is wanted] in California, and all over the world there are people that want heavy crude."

Aside from the Trans Mountain pipeline, promising forward momentum behind the Keystone XL pipeline is also a good sign for B&A.

The U.S. Government recently re-approved that pipeline's construction.

That line is proposed to travel to the Gulf of Mexico, where heavy crude oil has a good market.

Meyer said he is holding out hope for Keystone.

"[I'm] just cautiously optimistic. The Keystone pipeline will have a big effect on my business because every mile of it in Saskatchewan goes through my territory"

"You just feel a lot more optimistic because it was getting to the point where it was kind of looking like the whole thing was going to go down the tubes, we just couldn't get anything done."

Optimism, however cautious, can be a hard commodity to find in the oil and gas industry.

He said that when big oil companies were starting to feel the economic squeeze, they began to cut the pay rates of smaller service companies such as water haulers or those preparing leases.

"It was a big problem, I can probably think of at least 10 companies that were once very viable companies that are no longer around, and it's because they actually went broke."

He believes more oil would be produced in the southwest corner of Saskatchewan if Keystone went through the area.

He said that increase oil-flow could lead to more jobs and higher wages in the area as well.

While the oil and gas sector could see an economic upturn from the pipeline, Meyer said that wallets may take less of a hit at the pumps too.

"I'm just speculating here. You see the price of gas and diesel at the service stations are quite high, and I'm almost thinking if they can get more for that crude, it might take some of that pressure off of the refined products."