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Thread: Keystone oil sands pipeline rejected

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    Re: Keystone oil sands pipeline rejected

    Ultimately China is a better market for Canada than the US.... If TransCanada is going to spend 7 billion dollars.. they should build pipelines and refineries in Canada.

    US supply is poised to increase dramatically.. while our usage is becoming more efficient.

    I don't care one way or another about the pipeline, but I do think its a short term fix ...

    Don't forget that Canada still imports a million barrels a day in conventionl crude from OPEC and the North Sea..........

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    Re: Keystone oil sands pipeline rejected

    [QUOTE]
    Quote Originally Posted by sharon View Post
    Ultimately China is a better market for Canada than the US.... If TransCanada is going to spend 7 billion dollars.. they should build pipelines and refineries in Canada.
    Everywhere is a potential market and every country can import according to their best price and advantage, as demonstrated by your examples.

    Whatever TransCanada does is their business decision and I'll not attempt to second guess them.

    The US shouldn't need to be "poised". Allowing more freedom in the marketplace wouldn't have necessitated this "poised" situation.
    I don't care one way or another about the pipeline, but I do think its a short term fix .
    Maybe. I recall Bill Clinton using much the same excuse when he was president about why drilling for oil wasn't necessary, that it would take to long to get to the market. But of course doing nothing is always an option, and frequently the most risk free politically.

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    Re: Keystone oil sands pipeline rejected

    [QUOTE=Grant;1060201194]

    Everywhere is a potential market and every country can import according to their best price and advantage, as demonstrated by your examples.

    Whatever TransCanada does is their business decision and I'll not attempt to second guess them.

    The US shouldn't need to be "poised". Allowing more freedom in the marketplace wouldn't have necessitated this "poised" situation.


    Maybe. I recall Bill Clinton using much the same excuse when he was president about why drilling for oil wasn't necessary, that it would take to long to get to the market. But of course doing nothing is always an option, and frequently the most risk free politically.
    TransCanada's objective is to take advantage of NAFTA and the Free Trade Zone.. that's simply about Tax avoidance and profits.

    The reality is that 60 new deep water drilling permits have been issued for the Gulf of Mexico.. and US tar sands, shale oil and gas are making good progress.

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    Re: Keystone oil sands pipeline rejected

    [QUOTE]
    Quote Originally Posted by sharon View Post

    TransCanada's objective is to take advantage of NAFTA and the Free Trade Zone.. that's simply about Tax avoidance and profits.
    That sounds like a good company in which to invest. NAFTA was designed in order that companies, and people, take advantage of it. It would be counter productive if they didn't.


    The reality is that 60 new deep water drilling permits have been issued for the Gulf of Mexico.. and US tar sands, shale oil and gas are making good progress.
    That's good news.

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    Re: Keystone oil sands pipeline rejected

    [QUOTE=Grant;1060201219]

    That sounds like a good company in which to invest. NAFTA was designed in order that companies, and people, take advantage of it. It would be counter productive if they didn't.




    That's good news.
    The media.. and some Repulicans have muddied the water around this issue..

    I think Americans can deal with the realities... without all the BS.

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    Re: Keystone oil sands pipeline rejected

    Your first link is 7 months old and can therefore can prove nothing about the 1 month old Keystone XL pipeline decision/deferral.

    Your second link is an editorial that is essentially a rehash of your original link, neither of which contains any facts about selling any 'Keystone XL' oil to China, as you claimed:

    Quote Originally Posted by Grant, in post #730 View Post
    Well, whatever. It's too late now. The oil is going to China.

    Rick Perry: Texans Are Baffled by the Keystone Decision - WSJ.com
    The right wing penchant for failure in these debates is baffling.

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    Re: Keystone oil sands pipeline rejected

    Go to google and put in Keystone XL, export pipeline..

    There is NO shortage of information that this Canadian bitument will be refined and sold in foreign markets.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by sharon View Post

    The media.. and some Repulicans have muddied the water around this issue..

    I think Americans can deal with the realities... without all the BS.
    It might be the media and/or the politicians. If the water is muddy perhaps they are uncertain as to what those realities even are.

    It seems to me that people are deciding what they want to believe according to their political bent. When politicians become overly involved in the marketplace the future becomes less predictable. That seems clear.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by sharon View Post
    Go to google and put in Keystone XL, export pipeline..

    There is NO shortage of information that this Canadian bitument will be refined and sold in foreign markets.
    I certainly hope so. And of course I supported the open market concept and taking advantage of those markets. I don't quite get your point here.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Grant View Post
    I certainly hope so. And of course I supported the open market concept and taking advantage of those markets. I don't quite get your point here.
    Just trying to sort facts from political accusations and BS.

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