Canada eyes new pipeline to cut U.S. oil reliance, boost exports

  • Posted on June 7, 2025
  • By Bing News
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Canada eyes new pipeline to cut U.S. oil reliance, boost exports

Speaking after a summit with provincial leaders, Carney said it is “absolutely in our interest” to decarbonize Canada’s oil industry and consider a new pipeline project that would allow the country to sell oil beyond the U.S., which already imports roughly 4 million barrels a day from its northern neighbor. Read also: Canada fights back as Trump’s...
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