IBD: Blocking Keystone XL Is Bad For Canada, Too

“Forget for a minute the sheer stupidity of stopping a pipeline that creates jobs at no cost to U.S. taxpayers. The harm done to Canada merits some attention as well.”

Investor’s Business Daily reports,

…Pipeline projects like this one are beneficial to the U.S., but for Canada they are more crucial. They give that nation a way to profit from Alberta’s vast tar-sands oil reserves, which are far larger than what our northern neighbor needs for its own uses.

Without a way to get that oil to seaports, refineries and global shipping, Canada is cut off from the world’s markets. It might as well leave most of the oil in the ground…

Read the entire IBD editorial.

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