Rail Strikes Unlikely to Disrupt Canadian Oil Exports Thanks to Pipeline Boost
As tensions rise over a potential labor dispute at Canada's two major railroads, Canadian oil exports to the United States are expected to remain largely unaffected due to the excess pipeline capacity available, notably from the Trans Mountain Expansion (TMX) project. This pipeline, recently expanded, has significantly boosted Canada's ability to export crude oil, providing a crucial buffer against any disruptions that might arise from the looming rail strikes. The Trans Mountain Expansion, which nearly tripled the pipeline's capacity to 890,000…