From what I understand it’s destined for overseas. Since it isn’t produced domestically then the restrictions on oil and natural gas exports don’t enter in.
Why do you think that? Because Obama said so?
The US is still importing ~7 million barrels a day of crude oil.
Do you envision a Tanker unloading crude from OPEC, the loading back up with Canadian oil to take away? Because you believe high transportation costs are good for oil companies?
From what I have read from multiple sources (both liberal and conservative news outlets) the majority will go overseas, but much will be refined here in the US into gasoline and then shipped overseas, primarily to Latin America.