[Yardstick]

This seems like a big development. Surprised it’s not getting more coverage.

Is it definite that Canada’s decision to move forward with this other pipeline means there would be no oil for the Keystone XL pipeline? The article makes it sound like building Keystone XL would now be useless. I wonder if that is correct.

[Alberta's Child]

Contrary to what you might hear in many conservative media reports, the purpose of the Keystone XL pipeline is to transport oil to the Gulf Coast where it can be processed and exported all over the globe. It was never really intended to serve domestic U.S. needs.

If the U.S. doesn't want to approve the Keystone XL pipeline, then Canada will send the oil to their own coastline for export.

On a related note, I believe a lot of this is hype and nonsense. From what I've seen and heard in the energy sector and government folks in Canada, their ultimate goal is to transport crude oil either directly to Asia via pipeline, or to terminals in Alaska that would serve Canadian, Alaskan and Arctic oil.