Canada exports a large amount of oil as it produces millions of barrels more than it consumes. Due to a lack of energy infrastructure getting the oil to tidewater (where it can realize global pricing), Canadian oil is usually sold to the USA, moved via pipeline, rail, barge and trucks.
China is the largest and most relevant market for oil as they are widely considered to be the main anchor of demand growth as consumption rises with an increasingly affluent population. China has looked to modernize various sectors controlled by the state, from banking (liberalization of interest rates, regulation for
Pipelines and Energy Infrastructure Overview and Industry Primer For the oil and gas industry, oil must be transported from upstream oil producers to downstream refiners and marketers. The energy infrastructure (midstream) industry encompasses the gathering, processing, transportation and storage of hydrocarbons and their derivatives. This includes oil (or liquids) pipelines, gas pipelines, refined product