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Enbridge First to Confirm Plans to Export Canadian Oil Via United States
2014-04-07 07:13:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Enbridge Inc (ENB.TO) has become the first company to confirm plans to re-export Canadian oil from the United States, a move that could fuel debate over U.S. trade policy and intensify opposition to new oil sands pipelines. Its U.S. subsidiary Tidal Energy Marketing has received a U.S. government license to export "limited quantities" of Canadian-origin oil from a U.S. port, Enbridge said, confirming weeks of market rumors and speculation about such shipments. Market sources say they expect the...
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Category:Electronics and Electrical