The Canadian government changed the name of a proposed West Coast oil pipeline to the “Pacific Link Pipeline” on the 1st and listed it as a “national interest” project. It is expected that the project will drastically reduce the dependence of Canadian oil on the US for pipeline transportation. According to the Canadian Privy Council Directive, combined with the optimization of the cross-mountain pipeline system, the increase in export capacity brought about by the project is expected to reduce Canada's dependence on US oil pipelines from about 82%-83% to 65%-70% in 2025. It is also expected to reduce the price difference per barrel between Canadian heavy crude oil and West Texas light crude oil by 3 to 5 US dollars.

The Canadian government changed the name of a proposed West Coast oil pipeline to the “Pacific Link Pipeline” on the 1st and listed it as a “national interest” project. It is expected that the project will drastically reduce the dependence of Canadian oil on the US for pipeline transportation. According to the Canadian Privy Council Directive, combined with the optimization of the cross-mountain pipeline system, the increase in export capacity brought about by the project is expected to reduce Canada's dependence on US oil pipelines from about 82%-83% to 65%-70% in 2025. It is also expected to reduce the price difference per barrel between Canadian heavy crude oil and West Texas light crude oil by 3 to 5 US dollars.