Keystone XL Pipeline: A ‘Canada First’ Energy Plan?

Reuters: “U.S. President Donald Trump’s move this week to revive the Keystone XL oil pipeline marked a major step under his ‘America First’ energy plan to boost U.S. drillers and create new U.S. jobs. But the project’s biggest winners may be Canadian.”

“If built, TransCanada’s Keystone XL from Alberta to Nebraska would yield about $2.4 billion (C$3.2 billion) a year for Canada, split between government revenues, shareholder profits and re-investment into the still-recovering Canadian oil patch, according to a Conference Board of Canada research note prepared for Reuters on Thursday.”

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