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Keystone XL may be dead. The oilsands probably aren’t

oil-sands-tar-sands-albertaLow petroleum prices mean new projects are on pause, but existing production won’t disappear

By Tracy Johnson, CBC News, Nov 11, 2015

There is some soul searching going on in the oilpatch this week in the aftermath of the U.S. rejection of Keystone XL. Would a carbon tax have changed things? A gentler hand with the politics? How much of the U.S. decision was connected to increases in their own domestic production?

What they aren’t asking is how to get oilsands product to market. Because it’s getting there, in ways both obvious and unexpected. The oilsands have lots of problems, like low prices and high costs. But right now, market access is pretty far down the list. Read the rest of this entry