Wednesday, January 15, 2014

Keystone oil to China?

Energy

Could US lose access to Keystone oil? Canada moves to Plan B

Where crude oil is concerned, Canada waits for no country. It doesn’t matter how wealthy or how friendly that country is -- or whether that country is the United States.
With the Canada-to-Texas Keystone XL pipeline stuck in limbo on the U.S. side, Canada’s Energy Board recently gave a thumbs up to a $6.5 billion pipeline designed to carry 525,000 barrels of oil per day from the oil sands of Alberta to ships on the British Columbia coast. The final destination is most likely Asia. Read more here

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