Trump Approves "Keystone Light" Canada-U.S. Oil Pipeline
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Last month, we reported that Bridger Pipeline LLC has proposed a giant pipeline with a capacity in excess of 1 million barrels per day (bpd) to transport Canadian crude into the United States. Dubbed "Keystone Light" due to its similarities to the Keystone XL project that former U.S. President Joe Biden canceled in 2021, the 36-inch pipeline would span nearly 650 miles (1,050 km) from the U.S.-Canada border in Phillips County, Montana, to Guernsey, Wyoming, and cost approximately US$2 billion. And now U.S. President Donald Trump has given…
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Financial market analysis indicating neutral sentiment based on current trends.
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