Canada PM joins chorus calling oil sands pipeline a fait accompli
Canada's Prime Minister Stephen Harper says he can't imagine the Obama administration rejecting the proposed Keystone XL oilsands pipeline, arguing the final decision should be a "complete no-brainer." Harper made the comments in an interview with Bloomberg News during his trip to New York for meetings with US business leaders and at the UN. The proposed $7 billion, 3,190km Keystone XL pipeline connecting Alberta’s oil sands to refineries on the US Gulf Coast should help Canada move closer to the international benchmark for crude instead of US pricing which trades at a discount of more than $25. Canada currently pumps 2 million barrels per day to the US, with more than half coming from the oil sands.