Canadian oil sands

Approval of Keystone Pipeline Will Pump Profits Out of Canadian Oil Sands

With U.S. President Barack Obama expected to approve the long-delayed Keystone XL oil pipeline late this year or early in 2012, several companies already producing in the Canadian oil sand fields stand to benefit.

The 1,700-mile pipeline, which could be finished as soon as mid-2013, will carry 700,000 barrels of crude per day from the Canadian oil sands in Alberta to refineries in Port Arthur, TX.


To continue reading, please click here...