CLAIM: Environmental activists claim that their actions to protest the Keystone XL Pipeline have been successful in reducing Canadian oil production.
While production cuts have been imposed, they are already proving to be short-lived as more oil begins making its way market via railroad.
Oil prices in Canada plunged last fall due to a burgeoning supply glut resulting in large part from a chronic shortage in available pipeline capacity. In response, Alberta—Canada’s largest oil-producing province—imposed a temporary 8.7 percent production cut in order to clear the backlog of oil waiting to be shipped to market. The …