DaveMk - 3/23/2014 05:44
rodrod5 - 3/23/2014 17:11
the "critics" of the keystone pipeline don't know what they are talking about
1. it is CANADIAN OIL not USA oil
2. if it does not get sent down the Keystone it will get sent west in a new pipeline and exported anyway as a RAW product IE crude oil
3. it is too expensive for Canada to build a refinery on their west coast and to move the other products that come from refining crude oil besides gasoline and diesel
4. if the Keystone is not built the USA will not get ANY benefit from refining a CANADIAN raw product using USA infrastructure and workers nor will the USA get any benefits from the jobs exporting it (loading, tugs, supplying ships and their crew needs like food)
5. if Canada builds the pipeline west and exports the RAW/CRUDE product that is it end of story they will put that into long term contract with the buyers and the USA will most likely NEVER have a chance at that oil at any price because at that point the pipeline is built and the delivery contracts are signed
the "critics" of Keystone think that they can back Canada into a corner and that Canada will just capitulate and continue to sell that oil for less than world market prices because idiots in the USA decided to block a pipeline based on enviro wackoism and total and complete lack of understanding of who's oil it is and what the options for that oil are and they will be the first fools to complain if that oil is ever desired by the USA, but the USA is unable to buy it because it is shipped and contracted to others as a RAW good while the USA could have been adding value to that product with USA infrastructure and workers and doing so in the area of the country that is the best equipped to ship those refined products to the most markets in the USA (as well as export customers) ad thus the USA will have first dibs on that refined product supply should the market materialize for it
ROD
1. Candian oil will never be exported from Canadian ports on the west coast. Indian tribes in Canada have put a permanent stop to that. The Chinese have already tried that.
2. Keystone pipeline oil will never used in the USA. The oil will be exported as refined products.