The oilsands and US energy security: a match made in heaven

One of President Obama’s recent themes in his criticism of the Keystone XL pipeline is the dismissive comment that it will transport “Canadian oil”, as if that were obviously a matter of total indifference to America and his own goal of energy independence. Nothing could be further freom the truth. As I argus in my latest column for the Globe’s Economy Lab feature (in the ROB), there are all kinds of reasons why Canada’s oilsands production is a valuable compelement to America’s fracking revolution.