Canada to Cut Out All Oil Imports

[Ron]

http://business.fina...n-oil-industry/

 

After years of battle 1 of the 3 major pipelines that was proposed finally got approved. TransCanada Corp. will build a pipeline stretching all the way to Eastern Canada with the capacity to carry 1.1 million barrels a day.

 

This will supply Eastern Canada with oil from Western Canada and Canada will no longer need to import any oil once it is completed. It will also provide refinaries in Canada with more to process

 

This also means Canada is no longer as critical over whether the US makes up a decesion on keystone already. Although at the rate production is increasing, more large pipelines than just this one will be needed.

 

 

Canada is currently the worlds 6th largest oil producer and has the worlds 3rd largest reserves at 179 billion barrels

 

Go Canada! Best country in North America, tbh.

[crushingmayhem]

Good for them, they already have enough resources to be self-reliant especially in times like these.

[Macseed]

Nice to see they're trying to stop mooching off of others.

[E.V.I.L.]

I just love Canada.

[Wumbo]

I bet you thought I was going to post in this thread boasting superiority, weren't you?

 

You'd be absolutely right.

[E.V.I.L.]

I bet you thought I was going to post in this thread boasting superiority, weren't you?

 

You'd be absolutely right.

don't blame you, Canada rules

[SpongeOddFan]

that's good to hear for Canada.

 

go Canada