SmarterThanTheAverageBear
Gold Member
- Aug 22, 2014
- 29,410
- 4,280
Toro should give-up while he's behind.But only if the USA is willing to pay $3.9 billion more for it, the very number given to your government by Trans Canada that the price would increase in order to justify the added cost of the KXL.Will this due? It is not an investor meeting but the Canadian government itself.
Canada looks to diversify oil export markets - Politics - CBC News
Natural Resources Minister Joe Oliver says a big priority for his government is finding new places to sell Canadian oil other than the U.S.
Oliver is in California to attend the APEC Transportation and Energy conference, but he told reporters on a conference call that at the top of his agenda is talking about new markets.
"We export 97 per cent of our energy to the U.S. and we would like to diversify that," he said.
And?
This has nothing to do with the OP.
After Keystone, the United States is seen as a less reliable partner in Canada. It is rational for Canada to seek other markets.
Most of the increase in production is going to be WCS-type barrels, which is what refiners on the Gulf Coast want,” Lipow said. “The first thing that increased Canadian production would compete with is Mexican and Venezuelan crude, which can go elsewhere..
and?
and Canadian trash oil hops a ride with Mexican and Venezuelan trash oil and moves to other shitholes like China.
end of story
If what you and eddy posted are irrelevant to the OP, then yes, it is the end of the story.
The United States is and will continue to be by far and away the biggest importer of Oil Sands product whether Keystone is built or not.
When Canadian regulators at the National Energy Board (NEB) considered the Keystone XL proposal in 2008, they asked TransCanada to justify another pipeline when there was already so much spare capacity. TransCanada conceded that Keystone XL would take oil from existing pipelines, increasing shipping costs. However, TransCanada argued that this cost would be more than offset as shifting Canadian oil from the Midwest to the Gulf would increase the price that Americans paid for Canadian oil by $3.9 billion.
How cute, little Dottie wants to talk with the grown ups!!