
Enbridge to Expand Pipelines to US Before Starting a New Canada Line
Alberta Premier Danielle Smith is advocating for a new oil pipeline to Prince Rupert, British Columbia, and said recently that a proponent for such a project could be announced in a matter of weeks. Enbridge, which operates the largest oil export pipeline system out of Canada, previously proposed a west-coast pipeline that didn't receive government approval.

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New York Times
8 minutes ago
- New York Times
OPEC Plus Will Increase Oil Output
Eight countries that belong to the oil cartel known as OPEC Plus said Sunday that they would boost oil production by 547,000 barrels a day beginning in September, the latest in a series of monthly increases that began in April. The move, in effect, reverses a program of 2.2 million barrels a day in output cuts that was put in place in 2023 to tighten supply and prop up the markets. The announcement from OPEC Plus was expected and so may have little impact on prices. 'We expect a limited negative market reaction,' analysts at the investment bank Jefferies said in a note to clients after the announcement. After years of pursuing production restraints, the group, led by Saudi Arabia, is taking advantage of what analysts view as a relatively short-term window in the oil market to boost output. The United Arab Emirates and other countries have chafed at restraints on production that have opened the way for the United States and other producers outside OPEC Plus to pump more oil. In addition, Saudi Arabia and other oil-producing countries appear to have an interest in pleasing President Trump, who wants lower gasoline prices for American drivers. Want all of The Times? Subscribe.
Yahoo
35 minutes ago
- Yahoo
Trump, Carney to speak soon, Canadian official says
WASHINGTON (Reuters) -President Donald Trump and Canadian Prime Minister Mark Carney will likely talk "over the next number of days" after the U.S. imposed a 35% tariff on goods not covered by the U.S.-Mexico-Canada trade agreement, a Canadian official said on Sunday. Dominic LeBlanc, the federal cabinet minister in charge of U.S.-Canada trade, told CBS News' "Face the Nation" that he believes there is an option of striking a deal that will bring down tariffs. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
35 minutes ago
- Yahoo
Portable sauna units worth roughly $75K stolen from owner's lot in Winnipeg
The owner of a Winnipeg sauna company is worried about his family's livelihood and the future of their business after he said three of their mobile units were stolen from a lot ahead of its busiest season for rentals. The mobile saunas, made out of cedar and resembling the shape of a barrel, were picked by a black Dodge Ram, which then drove away from the lot on Archibald Street, Amir Hamed, owner of the Backyard Barrel business, told CBC News. The theft lasted a number of hours with the first barrel seen towed on surveillance footage at around 11 p.m. Friday and the last just after 3 a.m. on Saturday, Hamed said. "I honestly never thought they would get stolen, we even had the wheel locks on them … the back doors were locked," he said. "It's really unfortunate, but we're trying to make the best of it," Hamed said. "They're each worth $25,000, so we have $75,000 roughly missing." Winnipeg police said they received a report about the incident which will be referred to the property crimes unit for a follow-up investigation. The Backyard Barrel business operates five mobile units and Hamed said the two that weren't stolen had been rented out. Hamed had been trying to sell the business to spend more time with his family. He managed to secure a buyer but the deal fell through on Friday and hours later the three mobile units were stolen from his property. While he doesn't think the sale is related to the theft, both happening on the same day is "a lot of stuff to deal with." He is afraid the saunas will be torn apart and sold in pieces. But he remains hopeful the units can be recovered without major damages before September when the demand for mobile units starts to soar as temperature begins to drop. "This is our livelihood and it's going to impact selling it drastically," Hamed said. He is encouraging people to keep an eye for the units, in case they are listed for sale online. They are trademarked and have a tin roof, a wooden stove and a panoramic window.