Progress on the Canadian Keystone XL Pipeline Halted

Canada is the largest supplier of energy to America. As such it was hoped that a new pipeline would be built to export crude oil from Canada to Texas.

President Obama initially rejected plans for the proposed pipeline which caused great concern with the Canadian government, and they began looking at the possibility of exporting the oil to the Asian markets instead. However proposals are now being reconsidered in Washington DC. The pipeline would be the largest infrastructure project in North America and would create many jobs in Canada and the USA, much needed in the current economic climate.