XL pipeline good to go?

EagleSmack

Hall of Fame Member
Feb 16, 2005
44,168
96
48
USA
Yeah, he's been dragging his feet on it, but let me ask you this. There is already a pipeline that serves the same origin and destination. Tell me why the American taxpayer should foot the bill to help a Canadian oil company export it's product?


American Taxpayers are footing the bill? Since when?

Then don't. We can go east west and you can buy your oil from Venezuela and Saudi Arabia.


How's all that working out?
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
Oddly enough we have people in Canada opposed to pipelines running East and West. Either they like the thrill of train wrecks or they think no carbon comes from imported oil.
 

gerryh

Time Out
Nov 21, 2004
25,756
295
83
Oddly enough we have people in Canada opposed to pipelines running East and West. Either they like the thrill of train wrecks or they think no carbon comes from imported oil.




Or they think the ROC isn't gonna find out about the 8 billion the injuns have managed to earn from the oil sands.
 

petros

The Central Scrutinizer
Nov 21, 2008
118,068
14,453
113
Low Earth Orbit
Yeah, he's been dragging his feet on it, but let me ask you this. There is already a pipeline that serves the same origin and destination. Tell me why the American taxpayer should foot the bill to help a Canadian oil company export it's product?

Seeing half the product carried is kerogen from ND, jet fuel and diesel from several companies including a co-op I have no choice but call bullish!!t.
 

BaalsTears

Senate Member
Jan 25, 2011
5,732
0
36
Santa Cruz, California
I've no problem with exporting natural resources, i have a big problem in exporting RAW resources, when we have it in our capablility to process petroleum to final a level of end user consumption, nationally and internationally. The Keystone Pipeline will benefit a very small number of stakeholders in American owned corporations or their subsidiaries.

It won't create anything but a minimal number of permanent jobs for Canadians, in the well paid refining and delivery industry. It won't only ship jobs offshore, it will ship tax revenue offshore as well, as transfer prices will ensure none of tax benefits will be realized by Canada.

It's a scam, that the mainstream business press is promoting as a boon to Canada... when it is really robbing us blind.

I don't necessarily disagree, but many Canadians would. Processing a resource of the type in question into refined petroleum products is literally a dirty business. It requires a populace willing to accept the environmental and other tradeoffs incident to such a business. That's why it's done in places like Houston and Pudong. This is the era in which concern over perceived global warming/climate change has assumed religious significance. Where in Canada would national and provincial authorities permit the development and operation of the infrastructure necessary to refine oil of the quality to which you're referring?

By the same token will those facilities be able to process the resource cost effectively with international competitors? The cost of crude oil may not always be so low, but there are many of the view we are unlikely to see the resource ever valued as dearly as in the recent past. If this is true it would seem development of the necessary infrastructure might be very speculative.

Finally, the greatest enemy of Canadian advancement isn't necessarily American. Canadians are their own worst enemy. Canadian big business is intertwined with American big business throughout the continent. The availability of the American market gives Canadians business a different perspective from yours.

Oddly enough we have people in Canada opposed to pipelines running East and West. Either they like the thrill of train wrecks or they think no carbon comes from imported oil.

Those Canadians have many poorly informed American allies.