Trudeau's Mega Pipeline Promises to Redraw Global Oil Flows

Contributing sentiments towards policy:

58% : Last year, Canada accounted for 100% of oil imported by Midwest refiners and a third of foreign oil used on the Gulf Coast, home of one of the world's largest refining hubs.
57% : Who will ship oil on Trans Mountain? Ten companies, including BP Plc and PetroChina Co., have committed to ship about 710,000 barrels of oil a day on Trans Mountain, accounting for about 80% of its total capacity.
51% : But even longer term, the oil terminal at Trans Mountain's end can only handle ships carrying, at most, 600,000 barrels of oil.
51% : Alaska's ice-free Valdez terminal doesn't have the same size restrictions as Trans Mountain's Vancouver port so Alaskan oil may start sailing to Asian markets while Canadian oil takes its place at California refineries. 4.
50% : What does Trans Mountain mean for oil prices? The heavy discounts Canadian oil has to endure are expected to shrink when Trans Mountain starts service.
49% : The original line, Canada's only pipeline to the Pacific, is 70 years old and supplies oil mainly to refineries in British Columbia and Washington State.

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