Canada Says Its Oil Could Replace US Imports Of Russian Crude If Keystone XL Pipeline Is Approved

After heated talks about banning Russian oil imports between US and it’s allies Canada has proposed that it’s oil could help the US replace the imports of Russian crude oil if the Keystone XL Pipeline is approved.

Canada Says Its Oil Could Replace US Imports Of Russian Crude If Keystone XL Pipeline Is Approved

The top authorities of the oil-producing province of Alberta indicated this weekend that Canadian oil can replace American imports of Russian crude.

As talks about barring Russian oil imports in the US and its European allies heat up, rumours are circulating that the US administration may be trying to persuade Saudi Arabia to pump additional oil or relax certain sanctions against Venezuela to assist filling the void left by a Russian oil embargo.

US Secretary of State Antony Blinken said on Sunday that the US and its European allies were in “very active discussions” about barring Russian oil imports in response to Putin’s conflict in Ukraine.

Even without sanctions against Russian oil, some of the country’s largest importers have begun to reduce their imports of crude oil from Russia.

Canada has long marketed its crude as not being produced in rogue government regimes like Venezuela, Iran, or Russia, and Alberta’s top officials now say that their crude could be the answer to more supply from allied countries to the US.

Alberta’s Energy Minister Sonya Savage said on Saturday, retweeting Elon Musk’s statements that “we need to increase oil & gas output immediately,” that:

“Agreed. And it should come from Alberta, home of the 3rd largest oil reserves. Alberta is the answer to US Energy security. Real emissions reductions, reliable, right next door.”

The Premier of Alberta, Jason Kenney said he and Savage would be in Houston this week for the CERAWeek conference where “We will be meeting with decision-makers to secure access to markets, attract job-creating investment to our province, and argue for Canadian energy to displace Russian conflict oil.”

Kenney also stated that a visit from US President Joe Biden, who is apparently considering a one to Saudi Arabia, would be welcomed with open arms in Alberta.

Kenney mentioned that during President Biden’s visit to Alberta “We could discuss how to ship nearly 1 million barrels of day of responsibly produced energy every day from the USA’s closest friend and ally! All it would take is his approval for Keystone XL. Easy.”

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