Quote:
Originally Posted by Wormius
What is the benefit to the US for approving KXL? Even if there was no environmental concerns, why would they want this?
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It's a rational move in that it continues to tie Canada's oil supply to the US, ensuring a reliable and below-market pricing for oil for decades to come.
The rational move for Canada after this rejection would be to look for new buyers around the world and expand export capacity, ideally to the point where you can play Americans vs Asians.