The fate of the proposed Keystone XL pipeline, which has become a thorny issue in Canada-U.S. relations, could be holding up U.S. President Barack Obama’s decision for the next U.S. envoy to Canada. Obama may be holding off on a nomination because he doesn’t want to have the U.S. Senate “hold that candidate hostage,” Colin Robertson, a former diplomat, now […]
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Canadian minister reiterates importance of planned Keystone XL pipeline | Hydrocarbon Processing | July 2013
The proposed extension of TransCanada Keystone pipeline would create jobs in the United States and Canada and remains in both countries’ best interests, Canadian Prime Minister Stephen Harper said. Speaking to reporters in Quebec City, he said the Keystone XL project would boost North American energy security and said his views are well known in Washington. “We are fully convinced […]
U.S. and Canada Vie for Big Gas Projects – WSJ.com
Some of the world’s largest energy companies are racing to transform backwaters like this hamlet of 544 people into boomtowns. The energy giants are proposing half a trillion dollars in projects to export vast new finds of North American natural gas. Western Canada and the U.S. Gulf Coast are competing to see which region receives the lion’s share of the […]
Canadian train disaster boosts Keystone XL pipeline – Chicago Tribune
North American railroads typically transport oil and other hazardous materials with care and caution. Yet the disastrous train wreck in Lac-Megantic on the U.S.-Canadian border points to the risks involved. A runaway train carrying crude oil exploded in a fireball, devastating the town. In all commerce, public safety risks have to be weighed. This frightening crash points to a fact […]
Canada’s Got Oil, But What Are We Going to do With It? | The Motley Fool
Canada is the sixth largest producer of oil and ranks third in the world for total proven reserves, mostly thanks to Alberta’s oil sands. This oil rich area of Canada now accounts for approximately 98% of Canada’s proven oil reserves. Nearly all of the oil exported by Canada is targeted to our neighbor to the south, the United States. Though […]
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