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Philadelphia Fed President Henry Paulson delivers a speech
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[China Becomes Top Importer Of Canadian Oil Via Expanded Trans Mountain Pipeline] Ship Tracking Data Shows China Has Emerged As The Top Customer For Canadian Oil Transported Via The Expanded Trans Mountain Pipeline (TMX) Since It Ramped Up Operations. The Expanded Pipeline, Which Began Operations On May 1, 2024, Tripled Capacity To 890,000 Barrels Per Day. Canada Shipped An Average Of About 207,000 Barrels Per Day To China Via TMX Since June 2024, Significantly Higher Than The Approximately 7,000 Barrels Per Day Average In The Decade Prior To 2023, While The U.S. Took About 173,000 Barrels Per Day From The Pipeline In The Same Period.

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