Crude oil landlocked as Canadians join U.S. to halt pipelines

www.bloomberg.com Published: May 24, 2013
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British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.”


That’s potentially big trouble in a nation where oil exports amount to $73 billion annually and the industry employs more than 550,000 workers, Bloomberg News reports.
It’s also a bad omen for nations, notably China, that have invested billions in Canadian oil projects with expectations that they will one day be able to buy vast quantities of heavy Canadian crude.

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