Canada Frets About Oil-Export Options After Keystone Delay

The U.S. State Department’s decision to delay a ruling on TransCanada Corp.’s Keystone XL pipeline increases the pressure on Canada to find a way to sell its oil to countries beyond the U.S.

Currently, 99 percent of Canada’s crude exports go to the U.S., a figure that Prime Minister Stephen Harper wants to reduce in his bid to make Canada a “superpower” in global oil markets.