Americans’ support for Keystone falling, poll finds

Tecumsehsbones

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KXL doesn't matter any more, you need to understand that.

Sure, TCPL would love for it to go through (from a corporate standpoint), but from an industry and national perspective, the three proposed lines (2 approved) will have specific benefits for Canada and the oilpatch in Canada as well.

At best, KXL will offer another outlet, but the loss for the Gulf refineries is that they now have to compete for the oil as opposed to being the only customer.... Their bottom-line will be reduced measurably
You own stock or something?
 

petros

The Central Scrutinizer
Nov 21, 2008
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This is what I don't get though.. The project is a no-brainer to begin with. They have existing lines, a gaggle of refineries on the Gulf Coast and customers lined-up for the product.

It makes zero sense that it would be held up for any reason

Unless they want more US oil content than initially contracted so they don't look like alleged planet killers in their own right.

Did you known that only 3 US coal powerplants is all it take to out CO2 the entire oil sands project?
 

captain morgan

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It's in my portfolio. I just don't get as emotional about it as some.


Like I mentioned before, mine are merely observations.

In terms of KXL, I have expressed on many occasions that Canada is better-off expanding their customer base. The denial of KXL is forcing that scenario.

That said, there is no emotion on this other than relief (I suppose) that the best decision was made for the sector
 

BaalsTears

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If I were a Canadian I would favor the development of an indigenous refining capacity so that I could cut the Americans out of the process entirely. That would create Canadian jobs. Then ship the refined product to Asia, Latin America, etc.
 

EagleSmack

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I'm too nice to be a troll.

 

mentalfloss

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Keystone XL rejection would 'make Mr. Putin's day,' James Jones says

President Barack Obama's former national security adviser says rejecting the Keystone XL pipeline would be a gift to Vladimir Putin.

James Jones is testifying today at a Senate hearing on whether approving the pipeline is in the U.S. national interest.

He says energy scarcity is a powerful geopolitical weapon — as evidenced now in Ukraine, and at various times in Iran and Venezuela.

Naming the Russian leader personally, he says the world's bullies are watching the KXL debate, and hoping to see a weaker U.S. that foregoes opportunities for energy independence.

He says he can't understand why the U.S. would spend billions and risk soldiers' lives to stabilize oil sources abroad — then reject a piece of vital infrastructure at home.

He says climate change requires action, but can't see how the Keystone pipeline determines that issue.

The hearing is being held while the Obama administration determines whether the Alberta-to-Texas pipeline is in the U.S. national interest. A decision is expected within months.

CBCNews.ca Mobile
 

captain morgan

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If I were a Canadian I would favor the development of an indigenous refining capacity so that I could cut the Americans out of the process entirely. That would create Canadian jobs. Then ship the refined product to Asia, Latin America, etc.

In effect, that is what the uncertainty around KXL has forced.

The big irony is that the green lobby (as embodied by our very own mentalfloss) has had the biggest impact in speeding up the development of resources in North America, including the Western Canadian oilsands.

At very least, we owe them a collective 'thank you'... I'll opt to deliver the message in a few years after the White House does an about-face and approves KXL when the lines are already flowing East and West in Canada
 

EagleSmack

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The mere thought of a United States being energy independent horrifies the radical environmentalist. They wield so much power now and energy independence is a harbinger of doom for them.
 

Tecumsehsbones

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The mere thought of a United States being energy independent horrifies the radical environmentalist. They wield so much power now and energy independence is a harbinger of doom for them.
How would piping in Canadian oil make the United States energy independent? I mean, I understand that Canada is a vassal state, but it's still technically a separate country.
 

lone wolf

Grossly Underrated
Nov 25, 2006
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I have no clue was this is even an issue any longer.

Enbridge line 9 and Energy East are already approved and Northern Gateway is a few steps away... The White House waited too long.. KXL doesn't matter any more
Energy East is far from approved. Would you trust a re-purposed gas main that's blown out in two places locally to move much thicker bitumen?

Engelhart: Transportation Safety Board of Canada - Pipeline Investigation Report P09H0074

Marten River: Transportation Safety Board of Canada - Pipeline Investigation Report P09H0083

Meeting I attended Monday evening indicated an overwheming "NO"
 

EagleSmack

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How would piping in Canadian oil make the United States energy independent? I mean, I understand that Canada is a vassal state, but it's still technically a separate country.

Both countries are on the verge of being energy independent... maybe you haven't heard.
 

mentalfloss

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How would piping in Canadian oil make the United States energy independent? I mean, I understand that Canada is a vassal state, but it's still technically a separate country.

Best comment I've read in a while.

Vassal state is the perfect way to describe Canada and the U.S. wants to keep us that way.