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Alberta Plans New Crude Oil Pipeline to Ship Energy Exports to Asia

OilPrice · Tsvetana Paraskova · last updated
After years of antagonism between the federal government and Alberta over additional outlets for crude, Canada and the oil-producing province are finally on the same page regarding Canadian,/ oil exports. It took a major geopolitical and trade shift from Canada’s long-term ally and top trade partner, the United States, to have the federal government of Canada support a new oil pipeline from Alberta to the Canadian West Coast. The pipeline is expected to boost Canadian oil exports to Asia, the world’s driver of global oil demand growth,…