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Saudi-Canada Fight Shows Need for Pipelines, Oil Group Says

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Saudi Arabia Cuts Canada Ties Over Activist
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The escalating trade battle between Canada and Saudi Arabia highlights the need for more pipelines to move oil and natural gas around the northern nation to improve its energy security, according to the Canadian oil industry’s largest trade group.

Canada’s energy producers could supply a greater portion of their domestic market and satisfy more of world demand if they could move supply from producing regions to both coasts, said Ben Brunnen, vice president of oil sands operations and fiscal policy for the Canadian Association of Petroleum Producers. Canada imported about C$1.17 billion ($902.4 million) worth of oil and fuels from Saudi Arabia in the second quarter, according to Statistics Canada.