Keystone XL Pipeline

Why Keystone XL?

The United States is seeking to increase the supply of Canadian oil, as a way to decrease their reliance on oil coming from the Middle East. In spite of current energy trends moving towards green and renewable options, Alberta is planning on double its production of fossil fuels by 2030, meaning that higher supply will generate lower market rates, presenting a more affordable alternative to the American market. This is one of the main reasons why many additional pipeline projects have been proposed in recent times.

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