(Dow Jones) -- The Trump
administration has rolled back many burdensome US oil industry
regulations, but in Canada regulations are still causing migraines. And
that's helping fuel real-world problems for Canada whose benchmark WCS
oil is in a major slump. "Virtually every plan to add new takeaway
capacity out of Alberta - Canada's #1 energy-producing province -
continues to face regulatory hurdles, and it remains to be seen which of
the pipeline projects will be completed, and when," says RBN Energy. It
adds that "pipeline constraints out of Western Canada [are] worsening
by the month and having profound negative effects on the price of
Western Canadian Select (WCS)."
