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market news

Koch Brothers Positioned to be Big Winners if Keystone XL Pipeline is Approved

Investing News Network
Feb. 10, 2011 05:52PM PST
Oil and Gas Investing

Reuters reports that the Keystone XL pipeline, if it is built, would increase the import of heavy oil from Canada’s oil sands to the U.S. by as much as 510,000 barrels a day.

Reuters reports that the Keystone XL pipeline, if it is built, would increase the import of heavy oil from Canada’s oil sands to the U.S. by as much as 510,000 barrels a day.

The market news is quoted as saying:

Flint Hills Resources Canada also operates a crude oil terminal in Hardisty, Alberta, the starting point of the proposed Keystone XL pipeline.

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market news heavy oil canada oil sands
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