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    market news

    Canada Defiant After U.S. Oil Pipeline Rebuff

    Investing News Network
    Nov. 11, 2011 12:07PM PST
    Oil and Gas Investing

    Reuters reported that Canada has decided promote crude from the tar sands of northern Alberta despite a U.S. decision to postpone the approval of a pipeline.

    Reuters reported that Canada has decided promote crude from the tar sands of northern Alberta despite a U.S. decision to postpone the approval of a pipeline.

    As quoted in the market news:

    The Canadian government and the oil industry have limited options, however, as another controversial proposal to build a pipeline to export tar sands crude to Asian markets is just at the beginning of a lengthy review process.

    Click here to read the full Reuters report.

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