https://financialpost.com/commoditie...-said-anything
Quote:
America has built the equivalent of 10 Keystone pipelines since 2010
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Quote:
While TransCanada Corp. has been cooling its heels on its Keystone XL proposal for the past six years, the oil pipeline business has been booming in the United States.
Crude oil pipeline mileage rose 9.1 per cent last year alone to reach 66,649 miles, according to data from the Washington, D.C.-based Association of Oil Pipe Lines (AOPL) set to be released soon.
While the northern leg of Keystone XL remains under review, the Lower 48s have seen new oil pipes crisscrossing the country.
“If you look at 2010 versus now we have seen historic realignment that has transformed the infrastructure situation,” said Afolabi Ogunnaike, analyst at Wood Mackenzie. “There has been tremendous investment in pipelines and more investments are coming on.”
The U.S. midstream infrastructure is responding to a near-doubling of U.S. production over the past six years. The U.S. saw an 11.6 per cent increase in crude oil transport via pipelines in 2014, according to AOPL data.
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This isn't QAnon stuff CaliFlamesfan, it is fully available info that the US under Obama held Canadian Oil up as the boogey man to stop Oil production and consumption and then went into overdrive to produce and supply the void.