Thwarted By U.S. Marginalizing The Keystone XL Pipeline, Canada Looks Eastwards

Given that the Keystone XL pipeline is apparently dead in the water at least until after the next presidential election, Canada is seeking new export markets in Asia for its booming oil and natural gas production. Few Americans realize it, but according to the U.S. Energy Administration, the United States total crude oil imports now average 9.033 million barrels per day (mbpd), with Canada sending 2.666 mbpd southwards to the U.S., making it America’s top source of oil imports. In 1988, Canada and the United States signed a free trade…

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