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Keystone Is 'Kind of Old News' for Oil Industry
As the Keystone XL pipeline from Canada races toward a showdown in the U.S. Congress, many in the oil industry say it’s already been bypassed by history. Six years after the project was proposed, nearly every aspect of the debate has changed. The economy’s on the mend, the price of crude oil has tumbled and the U.S. goal of achieving energy independence has never been closer, spurred by the success of fracking and a rising volume of Canadian crude entering the country in other ways.
CBC.ca Keystone Left Behind as Canadian Oil Pours Into U.S.
Delays of the Keystone XL pipeline are providing little obstacle to Western Canadian oil producers getting their crude to the U.S. Gulf Coast, with shipments set to more than double next year.