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Thread: PetroChina buys entire Alberta oilsands project

  1. #251
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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Kushinator View Post
    The hard data can be found here
    I'll make this as simple as possible.........

    You said:

    Quote Originally Posted by Kushinator
    U.S. oil consumption has decreased year-over-year, every year, (IIRC) since the 1990's.
    You can prove your theory very easily. What was U.S. Oil consumption in the 1990s, let's say 1995 for arguments sake, and what is U.S. oil consumption today?

    Which is higher ???

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Karl View Post
    Even if your claims come to fruition, it will not mean that we have become anywhere even close to self-sufficient in crude oil, nor would it have any significant effect on oil prices -- both being the rallying cries of the right wing populist politicians trying to sell Drill Me Now to the public.
    I don't know of anyone that claims we can become completely self sufficient. The goal is to reduce reliance on volatile middle eastern oil, which we've already done to a great extent. Production of oil from shale will further reduce our middle eastern dependence. So will the Keystone pipeline if Obama would just get off his ass and approve it.

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    I don't know of anyone that claims we can become completely self sufficient. The goal is to reduce reliance on volatile middle eastern oil, which we've already done to a great extent. Production of oil from shale will further reduce our middle eastern dependence. So will the Keystone pipeline if Obama would just get off his ass and approve it.
    BHO won't approve it though because of national politics. He is not a leader.

    This is the latest from the Canadian PM, which was central to the original topic.

    Global BC | Harper says Canada won't be the United States' northern 'giant national park'

  4. #254
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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    I don't know of anyone that claims we can become completely self sufficient.
    That is generally the right wing inference... trillions of bbls, 1000 years, etc.

    Quote Originally Posted by Gill View Post
    The goal is to reduce reliance on volatile middle eastern oil, which we've already done to a great extent. Production of oil from shale will further reduce our middle eastern dependence. So will the Keystone pipeline if Obama would just get off his ass and approve it.
    The global location of the imported oil we are dependent upon is irrelevant (except for propaganda purposes), since any interruption in global supply will result in a global price and consumption shock. So -- it doesn't matter if the Keystone XL oil goes to us or China, as long as it goes somewhere and keeps the global supply chain in operation.

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Karl View Post
    That is generally the right wing inference... trillions of bbls, 1000 years, etc.


    The global location of the imported oil we are dependent upon is irrelevant (except for propaganda purposes), since any interruption in global supply will result in a global price and consumption shock. So -- it doesn't matter if the Keystone XL oil goes to us or China, as long as it goes somewhere and keeps the global supply chain in operation.
    OK, I've had enough of your nonsense. You are getting further and further off the deep end.

    The inference is in your head alone regarding energy independence.

    No sane person would claim that Canadian oil is the same as middle eastern oil. I don't think Canada has a nutjob threatening to shut down the primary avenue for oil shipments throughout the world. I haven't seen any indication that some dictator has been killing his citizens in Canada. Haven't seen too many instances of internal terror attacks on pipelines and oil fields in Canada.

    When you decide to post serious comments, let me know.

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    Re: PetroChina buys entire Alberta oilsands project

    Am I wrong in thinking that the oil is already coming into the US via pipeline? Isn't the issue about where the pipeline ends in the US, versus whether or not it comes into the US? Isn't the argument that this will reduce dependence on ME fuel mostly bull****? I mean, first, we don't get much oil from the ME. Second, fuel was actually our No. 1 EXPORT last year. Isn't the real thrust of this pipeline to get the oil from Canada to U.S. refineries on the Gulf Coast so that it can be loaded on tankers and sold for export? Thank you.

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by AdamT View Post
    Am I wrong in thinking that the oil is already coming into the US via pipeline? Isn't the issue about where the pipeline ends in the US, versus whether or not it comes into the US? Isn't the argument that this will reduce dependence on ME fuel mostly bull****? I mean, first, we don't get much oil from the ME. Second, fuel was actually our No. 1 EXPORT last year. Isn't the real thrust of this pipeline to get the oil from Canada to U.S. refineries on the Gulf Coast so that it can be loaded on tankers and sold for export? Thank you.
    We get almost 18% of our oil from Persian Gulf countries or 60,000 barrels a month.

    We get over 83,000 barrels a month from Canada.

    Yes, there are existing Keystone pipelines that bring oil from Canada. They currently bring 435,000 barrels a day which will be increased to 590,000 bpd. Construction of the Keystone XL pipeline will add an additional 510,000 bpd to refineries in the U.S.

    The primary objection was that the original design carried the pipeline over the Ogallala aquifer and through the Sand Hills in Nebraska. That was changed and a new route has been approved by Keystone and the state of Nebraska.
    Last edited by Gill; 01-17-12 at 04:04 PM.

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    We get almost 18% of our oil from Persian Gulf countries or 60,000 barrels a month.

    We get over 83,000 barrels a month from Canada.

    Yes, there are existing Keystone pipelines that bring oil from Canada. They currently bring 435,000 barrels a day which will be increased to 590,000 bpd. Construction of the Keystone XL pipeline will add an additional 510,000 bpd to refineries in the U.S.

    The primary objection was that the original design carried the pipeline over the Ogallala aquifer and through the Sand Hills in Nebraska. That was changed and a new route has been approved by Keystone and the state of Nebraska.

    About 16%. And?

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by AdamT View Post
    About 16%. And?
    And what ...........???

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    And what ...........???
    And what about the rest of the argument that you ignored completely?

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