BlindBoo
Diamond Member
- Sep 28, 2010
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Denying a reasonable request for the pipeline is also causing terrible relations for free trade. The far-reaching consequences could be a big loss to the U.S. that is hard to calculate.
What do you mean? We're Canada's number one customer.
How would you feel if you had a huge amount of oil and the obvious route for it were blocked by your partner? It's got to have some deep repercussions including how other countries see us as trading partners. It's something to consider.
But this oil is no ordinary crude oil, and it carries with it risks that were only beginning to understand. Its core ingredient bitumen is not pumped from wells but is strip-mined or boiled loose underground.
Industry insiders long considered bitumen to be a garbage crude. But now that the light, sweet oil we covet has become more scarce and its price has skyrocketed, bitumen has become worth the trouble to recover. At room temperature, bitumen has the consistency of peanut butter, thick enough to hold in your hands. To get it through pipelines, liquid chemicals must be added to thin it into whats known as dilbit, short for diluted bitumen.
http://www.nytimes.com/2012/08/21/opinion/the-dangers-of-diluted-bitumen-oil.html?_r=0