Canadians finally figure out why Americans gave up on Obama

Locutus

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Jun 18, 2007
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We get it:



Logic would suggest it would take a pretty serious issue to create a major rift between Canada and the U.S., given how close the countries have been over the years.

While obvious cultural differences exist – Americans have trouble finding Canada on a map, while Canadians boggle at their love of shooting one another – as neighbours the relationship is generally strong. The most serious recent conflict resulted from Ottawa’s refusal to engage in the Iraq invasion, a position numerous other close U.S. allies shared. That argument was about war, and human lives.

It certainly seems illogical that an oil pipeline should be elevated to the level of friction now represented by the Keystone XL project. But through one means or another, the project has become a source of real conflict. On Wednesday the CEO of TransCanada Corp. came pretty close to calling the President of the United States a liar. Russ Girling said that “the notion that this oil is going to get exported is pure fabrication by those that are opposed to our project.”

Later, he added: “It’s very highly unlikely that any of this crude leaves North America.”

The timing was important, because Mr. Obama made those very allegations just last week. The pipeline, he said was merely “providing the ability of Canada to pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else.” He was parroting the latest line in the war against Keystone mounted by U.S. environmentalists, which portrays Canada as a nefarious purveyor of dirty oil, with plans to send shipments across the pristine U.S. to ships in the Gulf, which will immediately transport it to China.

In reality, TransCanada doesn’t own the oil, it just ships it for the oil companies. It gets sent to a refining hub in Texas, which turns it into gasoline. The refiners say less than 10% of the gasoline they refine gets exported. If the refiners did decide, illogically, to export it all, they would have to ship in other oil from Venezuela or elsewhere to replace it, which makes no sense at all. The U.S. State Department, which has assessed Keystone to death, found that pipelines have no impact on U.S. exports, and that Alberta’s oil is likely to stay in the U.S.


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We get it: Canadians finally figure out why Americans gave up on Obama | National Post
 

BaalsTears

Senate Member
Jan 25, 2011
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It should be apparent to everyone that Obama has decided not to approve the Keystone XL Pipeline, but refuses to announce his decision in order to avoid the political consequences of such an explicit decision. As a result Obama is stringing Canada along. Behavior of this sort is called bad faith. I think the bad faith aspect is what particularly rankles Canadians.
 

gerryh

Time Out
Nov 21, 2004
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it's not like this is the first time out "neighbours" to the south have treated us in bad faith. We should be used to getting the shaft from them.


"It's on Canada. Just bend em over, they don't mind, you don't even have to use lube or kiss em".
 

Angstrom

Hall of Fame Member
May 8, 2011
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Send it east. Unite the country like never before. Refine it in Montreal. It's for the best.

Thank you Obama.
 

captain morgan

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Send it east. And unite the country like it never has been. Refine it in Montreal. It's for the best. Thank you Obama.

The tards that call themselves the Premiers of Ont and Que are already having a tantrum on saving the planet for the kids... Mind you, for some extra cash, they will ignore the kids and give it the green light
 

skookumchuck

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Jan 19, 2012
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Odd that the magic democrat never once mentioned that the major oil companies involved have lots of American plus international and nearly zero Canadian dollars owning their boards.
 

BaalsTears

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Jan 25, 2011
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Crude oil from Canadian tar sands is already being shipped by rail to the US for refining. Burlington Northern is the rail line doing the shipping. Burlington Northern is owned by Berkshire Hathaway. Berkshire Hathaway is owned by Warren Buffett, et al. Warren Buffett is a major donor of campaign funds to Obama and the Democratic Party. One hand washes the other.

Buffett’s Burlington Northern Among Pipeline Winners - Bloomberg
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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Crude oil from Canadian tar sands is already being shipped by rail to the US for refining. Burlington Northern is the rail line doing the shipping. Burlington Northern is owned by Berkshire Hathaway. Berkshire Hathaway is owned by Warren Buffett, et al. Warren Buffett is a major donor of campaign funds to Obama and the Democratic Party. One hand washes the other.

Buffett’s Burlington Northern Among Pipeline Winners - Bloomberg

He (Berkshire HAthaway) is also a significant investor in Suncor.. This company derives most of it's production from oil sands.

Interesting circumstance that the guy is in
 

taxslave

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Nov 25, 2008
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He (Berkshire HAthaway) is also a significant investor in Suncor.. This company derives most of it's production from oil sands.

Interesting circumstance that the guy is in

Meaning that he has a fiscal interest in oil going by rail instead of pipe.
Funny how the anti everything crowd in Canada claims it is not Canadian oil but rather US based multis that own the oil while Obummer & co are calling it Canadian oil. Seems rather like the bull$hitters are bull$hitting each other.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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Meaning that he has a fiscal interest in oil going by rail instead of pipe.
Funny how the anti everything crowd in Canada claims it is not Canadian oil but rather US based multis that own the oil while Obummer & co are calling it Canadian oil. Seems rather like the bull$hitters are bull$hitting each other.

No doubt. One might suggest that he is vertically integrated in having an interest in the base commodity in addition to an interest in the transportation element.

Wonder if BH has any equity in petroleum refineries in NE USA?... That would be the trifecta