Global Markets: Keystone pipeline spills oil in South Dakota

By Commodity News Service Canada
WINNIPEG, Nov. 17, 2017 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
TransCanada Corp has shut down part of its Keystone oil
pipeline after a 5,000 barrel leak was discovered in South
Dakota Thursday morning. This comes just four days before
neighbouring Nebraska is set to decide on the company’s long-
delayed Keystone XL pipeline.
Canada’s annual inflation rate cooled in October as energy
prices weakened and clothing costs fell, taking inflation
further from the Bank of Canada’s target, data from Statistics
Canada showed on Friday. The annual inflation rate decreased to
1.4 per cent last 1.6 per cent in September, in line with
economists’ forecasts.
Tesla CEO Elon Musk unveiled his plans to remake the
trucking industry Thursday, with the company’s new semi-truck. A
traditional diesel truck can be operated for US$1.51 per mile,
while the Tesla semi can operate at US$1.26 a mile.

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