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US seeks more oil from Canada, but without Keystone XL pipeline, report says

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The Biden administration is looking for ways to import more crude oil from Canada, with a recent report by the Wall Street Journal saying the options under consideration include increasing rail exports and expanding pipeline capacity.

This week, President Joe Biden announced the U.S. would release more than 180 million barrels of oil from its strategic petroleum reserve over the next six months, a move that comes as the price at the pump has surged as Russia's ongoing war in Ukraine continues.

But as Tom Vernon reports, while the U.S. is looking to Canada as one of the places to get oil, the Keystone XL pipeline is not back on the table, leaving questions about how that oil will get south of the border.

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Category
U.S. & Canada
Tags
global news, Oil Prices, Gas Prices
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