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 Boom! Keystone would make US and Canada bigger competitors with OPEC

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PostSubject: Boom! Keystone would make US and Canada bigger competitors with OPEC   Sat Mar 25, 2017 1:10 am

The Trump administration's approval of the controversial TransCanada Corp pipeline means more North American crude and fuel could ultimately flow out to the world market.

The pipeline would also further cement the bonds between the two key North American producers and increase the interdependence of the U.S. on Canada, as a source of imported oil, over OPEC and other producers. Canada supplies about half of the nearly 8 million barrels a day of oil imported by the U.S.



http://www.cnbc.com/2017/03/24/boom-keystone-would-make-us-and-canada-bigger-competitors-with-opec.html
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