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Thread: PetroChina buys entire Alberta oilsands project

  1. #271
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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    [...] American refineries and American workers will refine the oil [...]
    You have evidence of that?

    I'll agree that it is a possibility, but is it not just as possible that the crude will be pumped directly into a tanker at the Gulf Coast and shipped overseas for refining and consumption elsewhere?

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Karl View Post
    You have evidence of that?

    I'll agree that it is a possibility, but is it not just as possible that the crude will be pumped directly into a tanker at the Gulf Coast and shipped overseas for refining and consumption elsewhere?
    Yeah, they are going to pipe it for several thousand miles just so they can load it on a ship....

    Common sense is a great tool..........try it sometimes.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    Yeah, they are going to pipe it for several thousand miles just so they can load it on a ship....

    Common sense is a great tool..........try it sometimes.
    And the alternative is what, if they want to sell their oil to China? Build a canal to the middle of Canada?

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    Re: PetroChina buys entire Alberta oilsands project

    Politico is reporting that Republicans will get what they wanted: the administration is set to formally anounce the rejection of the pipeline permit.

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    Yeah, they are going to pipe it for several thousand miles just so they can load it on a ship....

    Common sense is a great tool..........try it sometimes.
    Common sense used to tell people that the world was flat. You still buyin' that one?

    Ask your common sense why they are piping it all the way to the Gulf Coast to be refined? Why not refine it much closer to the Canadian border? Do we not have any refineries other than on the Texas Gulf Coast?

    Then ask your common sense how much supertanker traffic there is on Canada's west coast compared to the U.S. Gulf coast? Does Canada's west coast have offshore mooring points that allow supertankers -- ships that are much too large to enter a normal port -- to load/offload cargo?



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    Re: PetroChina buys entire Alberta oilsands project

    You might also ask what lies between the oil sands region and Canada's west coast. They call'em the Rocky Mountains for a reason; they're rocky, and they're mountains.
    Last edited by AdamT; 01-18-12 at 01:27 PM.

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by AdamT View Post
    Politico is reporting that Republicans will get what they wanted: the administration is set to formally anounce the rejection of the pipeline permit.
    You think thats what Republicans want?

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Dpetty View Post
    You think thats what Republicans want?
    I think it must be what they want, because they were told in advance that the time limit they insisted on was too short for a full review and that the permit would be rejected if they insisted on it. So they either wanted this result, or they are irrational. I'm giving them the benefit of the doubt.

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    Re: PetroChina buys entire Alberta oilsands project

    Talk about cronyism, BHO rejects the pipeline and who will benefit?

    If the pipeline is rejected, there are some companies that will profit, according to Andrew Lipow of Lipow Oil Associates in Houston…Railroads, including Burlington Northern, a unit of Berkshire Hathaway…are expected to benefit because they will be hauling more of the oil not flowing through the pipeline.

    News Headlines

    Way to go Warren!

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    Re: PetroChina buys entire Alberta oilsands project

    Quote Originally Posted by Gill View Post
    I'll make this as simple as possible.........

    You said:

    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 ???
    Yes, and after a brief bit of data analysis, i found that oil consumption continually decreased on a per capita basis between 1999 and 2002, then increased (per capita) in 2003, then deceasing again continually (per capita) between 2004 and 2009.

    Aggregate consumption fell in 2001, and then continued to fall between 2005 and 2009.

    Aggregate consumption in 2010 is lower than it was in 1999 (19519000 barrels per day in 1999 vs 19180000 barrels per day in 2010), even though there are now 36 million more Americans, which is why per capita consumption is important.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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