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| Great White North |
| Canada-US oil pipeline close to reaching commitment requirement, sources say |
| 2026-05-05 |
| HOUSTON, May 5 (Reuters) - A proposed pipeline for carrying Canadian crude oil to the United States is close ​to securing the minimum commitments from oil companies that the project needs to go ahead, four sources familiar with the matter told Reuters. The Alberta-to-Wyoming pipeline, proposed by Canadian ‌pipeline company South Bow Corp (SOBO.TO), opens new tab and its U.S. partner Bridger Pipeline, could increase Canada's crude exports to the U.S. by more than 12% if it goes ahead, bringing much-needed pipeline takeaway capacity to Canada. U.S. President Donald Trump last Thursday signed an order granting a cross-border permit to the project. In 2021, President Joe Biden formally revoked the permit needed to build the Keystone XL oil pipeline, the last major pipeline proposed between Canada and the United States. While the new proposal takes ​a different route through the U.S. than the canceled Keystone XL, South Bow's portion would revive about 150 km (93 miles) on the Canadian side that has already been built and ​is sitting idle. That pipe would then connect to Bridger's proposed pipeline in Montana and extend about 645 miles to Guernsey, Wyoming. |
| Posted by:Skidmark |
| #1 |
| Posted by: Lord Garth 2026-05-05 10:17 |