On the same day Keystone XL was officially axed, Alberta's oil and gas industry made two massive bets designed to extend the life of the oilsands indefinitely.
The expanded convenience business, which brings together two rival distributors, will operate under the Core-Mark brand and will be headquartered in Texas.
Chevron Canada Ltd., the operator of the project, said earlier this year that it would stop funding further feasibility work on the project and put its stake up for sale.
