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Thread: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

  1. #81
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    Re: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

    Quote Originally Posted by notquiteright View Post
    Somehow I doubt it, the 'need' for that toxic sludge will be exposed as frivolous, the domestic supply of higher quality crude will remain high. The contracts to send the Canadian 'oil' overseas will be multi-year, and Big Oil will sign some multi-national agreements to help develop Chinese refining capability with a possible eye on exporting our refinery jobs overseas...
    No prediction that a given oil stream would be "frivolous" has ever proven true, and it won't this time either. Meanwhile, it looks like we're going to start breaking into shale oil as well. As soon as BHO leaves office Keystone will come back to life. His opposition will be seen as just another relic of a failed presidency.

    Oil shale

    Flaming rocks

    " . . . Confusingly, oil shale has nothing to do with fracking, a technique for extracting oil and gas from a different sort of shale through horizontal drilling and hydraulic fracturing. America is blessed with prodigious quantities of both types of shale. Its fracking pioneers have successfully exploited one type, transforming the country’s energy supply. But hitherto, squeezing the energy out of oil shale has generally proved uneconomic, and even more environmentally unsound than other forms of fossil-fuel extraction.


    However, a second shale revolution is in prospect, in which cleaner and more efficient ways are being found to squeeze the oil and gas out of the stone. The Jordanian government said on June 12th that it had reached agreement with Enefit, an Estonian company, and its partners on a $2.1 billion contract to build a 540MW shale-fuelled power station. Frustratingly for Jordan, as it eyes its rich, oil-drenched Gulf neighbours, the country sits on the world’s fifth-largest oil-shale reserves but has to import 97% of its energy needs. . . ."


    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

  2. #82
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    Re: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

    Quote Originally Posted by michijo View Post
    I heard that this tar sands is not a sustainable oil form, probably why it has not been used historically. Its an environmental hazard and shame to Canada. Frankly, even if it wasnt bad for the environment, I would still have protested just to bother Canadians.

    I support a much more modest lifestyle in general, and the Chinese may need the oil more than we do. In fact, I wish Asia would take over the world. My feelings about being pushed into a corner by American/European culture make this even more desirable.

    The entire Christian American culture I dislike so much is supported by the power of "America". If America loses power, then so do the imposing Christians. I can draw power from other cultures and art. I dont need religion or material posessions like giant trucks that need oil.

    While I so support Libertarianism in general, it would be stupid to allow giant companies to walk all over us just so they could profit. They follow no person ethics when dealing with "little people", so in that sense I am a "fellow traveler".
    You must be what's know here as a Progressive. But you don't have to go all the way to China. Cuba is much closer.

    They'd love to have you. 8)
    32 “Whoever acknowledges me before others, I will also acknowledge before my Father in heaven. 33 But whoever disowns me before others, I will disown before my Father in heaven.
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    Re: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

    Quote Originally Posted by WCH View Post
    I would imagine much of that 'nasty' oil might be used in other products along the Gulf coast. Plastics, lubricants, etc..
    And what of the literal toxic waste that would keep that TAR able to flow down a pipeline? What wonder plastic or lube will that produce???

    Fact is we don't need to import a TAR to fill the niche of the wastes from fuel production. We don't need to import the dregs of oil production for plastics. IF that TAR was so valuable in plastics and lubricants why doesn't Canada keep it, process it, and sell it as a value added product- that's business 101....

    Far better to let China, who is the world's leader of cheap plastic crap, deal with the toxic by-products of emulsified TAR for plastic production...

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    Re: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

    Quote Originally Posted by Jack Hays View Post
    No prediction that a given oil stream would be "frivolous" has ever proven true, and it won't this time either. Meanwhile, it looks like we're going to start breaking into shale oil as well. As soon as BHO leaves office Keystone will come back to life. His opposition will be seen as just another relic of a failed presidency.

    Oil shale. However, a second shale revolution is in prospect, in which cleaner and more efficient ways are being found to squeeze the oil and gas out of the stone. The Jordanian government said on June 12th that it had reached agreement with Enefit, an Estonian company, and its partners on a $2.1 billion contract to build a 540MW shale-fuelled power station. Frustratingly for Jordan, as it eyes its rich, oil-drenched Gulf neighbours, the country sits on the world’s fifth-largest oil-shale reserves but has to import 97% of its energy needs. . . ."
    Wishful thinking and rather weak opinion. Tar sludge is a dead horse, at best a bone to be thrown to China. It doesn't begin to fill even a TINY percent of our oil consumption and has tremendous hazardous waste drawbacks. It was a literal pipe dream of Big Oil before fracking brought a boom to the oil and gas industry in the lower 48.

    IF that TAR was worth half a bucket of warm spit Canada would be building refineries in the prairie and shipping far more valuable refined products to the USofA rather than TAR in a toxic sludge- the LEAST valuable form... has Capitalism lost it's pea pickin' mind????

    Oil Shale MAY be productive, if so the USofA will have even LESS interest in sludge for energy production as we have tremendous reserves of the shale and Canada barely edges out Italy in reserves.

    Anyway you slice this, TAR is out.

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    Re: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

    Quote Originally Posted by notquiteright View Post
    Wishful thinking and rather weak opinion. Tar sludge is a dead horse, at best a bone to be thrown to China. It doesn't begin to fill even a TINY percent of our oil consumption and has tremendous hazardous waste drawbacks. It was a literal pipe dream of Big Oil before fracking brought a boom to the oil and gas industry in the lower 48.

    IF that TAR was worth half a bucket of warm spit Canada would be building refineries in the prairie and shipping far more valuable refined products to the USofA rather than TAR in a toxic sludge- the LEAST valuable form... has Capitalism lost it's pea pickin' mind????

    Oil Shale MAY be productive, if so the USofA will have even LESS interest in sludge for energy production as we have tremendous reserves of the shale and Canada barely edges out Italy in reserves.

    Anyway you slice this, TAR is out.
    We'll just have to disagree. I think they will get under way very soon after 20 Jan 2017.
    "It's always reassuring to find you've made the right enemies." -- William J. Donovan

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    Re: Report: Canada Pulls Plug on Keystone Pipeline – Will Send Oil to Asia

    Thanks Obama.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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