January 25, 2013

We Need to Free Trapped Canadian Oil

James Bambino, Platts


AP Photo

The fact that Canada needs new markets for its crude exports is nothing new. Nor is the story about China wanting to get its hands on some of these exports, considering the $15 billion CNOOC recently threw at Nexen for its valuable Canadian acreage.

But the lines that take Canadian crude to the US are now full, according to RBN’s Sandy Fielden in a blog post last week, and that means Canada is dangerously close to running out of markets for its crude.

Read Full Article ››

TAGGED: Keystone XL Pipeline, Oil, Canada

RECOMMENDED ARTICLES

October 21, 2013
Fred Upton's Energy Work Starts @ Home
Alex Brown, Nat'l Journal
It seems fitting somehow that what may be the only congressional district that has faced oil spills, nuclear leaks, and threats from invasive species is the one held by Rep. Fred Upton, R-Mich. . . more ››
October 25, 2013
Does Obama Trust Venenzuela Over Canada?
W.R. Mead, The A.I.
Canadian ambassador to the US Gary Doer reiterated his country’s support—and its need—for the Keystone XL pipeline on Tuesday. Doer appealed to North America’s desire for greater energy security, saying “it makes good... more ››
Architecturally, a keystone is the wedge-shaped piece at the crown of an arch that locks the other pieces in place. Without the keystone, the building blocks of an archway will tumble and fall, with no support system for the... more ››
October 21, 2013
Canada's Confident of Its LNG Chops
W.R. Mead, American Interest
Canada’s top energy minister is confident that his country can hold its own in the world’s liquified natural gas (LNG) market. . . more ››
October 17, 2013
How Canada Could be an Energy Super Power
Jim Baird, EC
In 2006 Prime Minister Harper proclaimed Canada an energy superpower because of its vast oil, gas and uranium reserves. Unfortunately this is neither the reality, nor what the world is demanding. more ››