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Gulf Coast crude import opportunities grow for Canadian energy producers

from Financial Post

With light oil imports falling to their lowest levels to date and heavy oil imports declining in North America's largest refining market, analysts say there['s a growing opportunity for Canadian energy companies to ship more of their product to the U.S. Gulf Coast. The Washington, D.C.-based Energy Information Administration said that light, low-sulphur oil imports in the Gulf Coast had been "virtually eliminated" in recent years. more

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