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A file photo Exxon Mobil’s refinery in Baytown, Tex. In another Exxon refinery in Beaumont, Tex., 12 contract workers were hurt on Wednesday morning when a fire broke out at a unit undergoing repairs at the 344,500-barrel-per-day (bpd) operation, a company spokeswoman said.
A file photo Exxon Mobil’s refinery in Baytown, Tex. In another Exxon refinery in Beaumont, Tex., 12 contract workers were hurt on Wednesday morning when a fire broke out at a unit undergoing repairs at the 344,500-barrel-per-day (bpd) operation, a company spokeswoman said.
(Jessica Rinaldi/Reuters)

Canadian crude likely to be priced in U.S.

For Canadian energy companies, the race to move oil to the Gulf Coast has taken on elements of a grail quest. There, on the shores of Louisiana and Texas, lie massive refineries with an appetite for the heavy oil pouring out of Alberta. All the industry has to do is find a way to get oil there, and maybe get the Keystone XL pipeline built in the process.