Keystone XL Delayed

[Smallc]

Exactly. Your concern is for Canadians.

Yeah, it is. The point stands.

[Smallc]

Oh, and Kevin O'Leary is off tonight. Andrew Coyne is in his place.

Edited November 11, 2011 by Smallc

[bush_cheney2004]

Exactly. Your concern is for Canadians.

Well, at least he's honest about selfish motives! I know I am.

[Guest American Woman]

That's what USA cattle producers thought until cargill and Tyson foods packing plants were empty. Then there is this election coming up...

I'm not sure what you're saying .....

Nebraska Advances Bill to Re-Route TransCanada’s Keystone XL

Nebraska lawmakers in a special session have signaled early support for a bill that would give the state’s governor authority over pipeline routes, potentially threatening TransCanada Corp.’s proposed Keystone XL.

[Guest American Woman]

Well, at least he's honest about selfish motives!

More like 'at least he's finally honest about selfish motives.'

I know I am.

You'll get no argument there!

[Guest American Woman]

Yeah, it is. The point stands.

And Nebraskans' concern is for Nebraskans. Imagine that.

[Topaz]

The reports I've hear said that the coming election has more to do with the delay, which is natural. The past two president has said the Americans are addicted to oil but most of the oil coming from Canada to the US is being exported to other countries mostly. I, also, think you will see another direction of where the pipe will go. If the electric car takes off, then the need for oil may drop also and we all know anything can happen in the next two years.

[Wild Bill]

Its only a matter of time until Israel bombs Iran and Iran closes the Strait of Hormuz

We'll be seeing the U.S turning about face on this issue

This is perhaps the best point made in this entire thread! If the balloon goes up in the middle East, America is screwed for oil! The entire country will grind to a screeching halt!

Can America NOT plug in to Canadian oil? A 100% secure resource?

And what's all this talk about the danger of leaks from a new pipeline? America has thousands and thousands of miles of such pipelines all over its land already! What's the big deal about adding one more? Why would it be such a bigger risk than any other pipeline? Wouldn't it be less of a risk, being new and built to more modern standards?

I think Americans have confused refusing Canadian oil with not burning fossil fuels for energy, yet they still show no signs of cutting back anyways! So that only leaves continuing to buy from the Arabs, leaving themselves vulnerable to any silliness that might happen over there and putting money into many of the same hands that are building bombs to attack them! Countries that just don't practice the human rights that Canada and the US share!

If they went on a crash course to reduce their oil consumption to the point where they didn't need Arab oil then I could understand why they wouldn't buy ours. However, that's not at all what they are doing. To me, that means that they must like the Arabs better than us!

It's the only logical explanation.

[bush_cheney2004]

The reports I've hear said that the coming election has more to do with the delay, which is natural. The past two president has said the Americans are addicted to oil but most of the oil coming from Canada to the US is being exported to other countries mostly.

Not at all....I drive on Canadian crude all the time, as do many in my part of the US because of efficiences for transport and refining. The oil markets are not stupid...before the Alaskan pipeline it made more sense to ship by crude carrier to Japan. Oil is a commodity like any other.

I, also, think you will see another direction of where the pipe will go. If the electric car takes off, then the need for oil may drop also and we all know anything can happen in the next two years.

US oil consumption has slumped a little bit because of the recession and increased price impact on people's wallets. Americans are actually using less gasoline, and not just because of hybrid electrics. This trend may or may not last.

Edited November 11, 2011 by bush_cheney2004

[bush_cheney2004]

This is perhaps the best point made in this entire thread! If the balloon goes up in the middle East, America is screwed for oil! The entire country will grind to a screeching halt!

Not as much as you might think....the US has diversified supply over the past 20 years, and is less dependent on MidEast oil. Canadian deliveries are assured unless you abrogate NAFTA. THe US also has a 90 day strategic reserve.

Can America NOT plug in to Canadian oil? A 100% secure resource?

It did before, and remember that Canada imports distillates from the USA because Canada lacks sufficient refining capacity and west-east transport. Most Canadians don't realize that the east imports almost 1,000,000 bpd.

I think Americans have confused refusing Canadian oil with not burning fossil fuels for energy, yet they still show no signs of cutting back anyways! So that only leaves continuing to buy from the Arabs, leaving themselves vulnerable to any silliness that might happen over there and putting money into many of the same hands that are building bombs to attack them! Countries that just don't practice the human rights that Canada and the US share!

Dude...the Millennium Bomber came to the US via Canada! There is a huge strategic investment in the Mideast not just for the USA. It's called a hydrocarbon economy for a reason.

[blueblood]

Oh, and Kevin O'Leary is off tonight. Andrew Coyne is in his place.

Rats, he would have had a rant and a half.

I wonder how this will go in January...

My link

5.5 billion dollar Enbridge project and the big hurdle is the review in January. My guess Harper powers through that like he's doing it with the wheat board.

Year one into his majority, I think the hippies are going to be eating cake.

Edited November 11, 2011 by blueblood

[msj]

More like 'at least he's finally honest about selfish motives.'

Smallc's point stands and many Americans/Canadians will agree with him too (and many won't).

BFD.

Not sure why you have to make this so personal. I'd call you a nasty personal name but I really don't think you have the depth nor warmth to wear it.

[bush_cheney2004]

Smallc's point stands and many Americans/Canadians will agree with him too (and many won't).

BFD.

And AW's point stands as well...curious to see such a reaction should Canada get what it often wishes for in the way of anti-American rhetoric. "We'll ship our oil to China or India...remember how they screwed us on softwood lumber!"

It is refreshing to clarify the true nature of the CanAm relationship.

Not sure why you have to make this so personal. I'd call you a nasty personal name but I really don't think you have the depth nor warmth to wear it.

Try it on me...I can wear anything.

[msj]

And AW's point stands as well...curious to see such a reaction should Canada get what it often wishes for in the way of anti-American rhetoric. "We'll ship our oil to China or India...remember how they screwed us on softwood lumber!"

It is refreshing to clarify the true nature of the CanAm relationship.

Oh? Is that what smallc claimed?

If we have to ship it to China then so be it.

My preference is to try and increase trade between friends rather than shipping oil to an enemy (imo, China is as much an enemy as Saudi Arabia, Iran, NK, or many other countries I would rather not do business with).

Try it on me...I can wear anything.

Yeah, you'd like to wear it, wouldn't you.

[bush_cheney2004]

Oh? Is that what smallc claimed?

No, that what I claim is often tossed about here at MLW. Okay...some of you got your wish...now watcha gonna do?

If we have to ship it to China then so be it.

Yup...so be it. Now let's see Canada make that happen. Actions speak louder than empty rhetoric.

My preference is to try and increase trade between friends rather than shipping oil to an enemy (imo, China is as much an enemy as Saudi Arabia, Iran, NK, or many other countries I would rather not do business with).

Oh really....get ready for China to replace Canada as America's #1 trading partner. Nations don't have friends...just interests.

Yeah, you'd like to wear it, wouldn't you.

Shoot your best shot.

[eyeball]

5.5 billion dollar Enbridge project and the big hurdle is the review in January. My guess Harper powers through that like he's doing it with the wheat board.

Year one into his majority, I think the hippies are going to be eating cake.

They might be able to eat even more a lot sooner if Canadian oil was shipped abroad in the form of finished products rather than in bulk.

Why we'd want to send the stuff to China so they can fuel their own economy and undercut our's in the process is nuts.

[Guest Derek L]

Wait until Canada tries to build more pipelines and terminals on the west coast....your stupid protesters will come out in droves.

We already are………I live ten minutes drive from the terminus………Great news if conveyancing is ones bread and butter………And Kinder Morgan pays rather well

[bush_cheney2004]

You mean like this:

[Guest Derek L]

You mean like this:

That’s peanuts…….One of their current tank farms is on Burnaby Mountain……same Mountain that is home to a University (Simon Fraser) that turns out Hippies……It’s ironic and rather funny….On the other side of the Mountain, across the inlet, there’s a substantial oil refinery, further storage tanks, railheads and tanker terminals…….TransMountain is a (major) expansion of what’s already there……A lot different (and easier) expanding what’s already there, then building new………we’ll be supplying oil to Asia and California……..

[bush_cheney2004]

That’s peanuts…….One of their current tank farms is on Burnaby Mountain……same Mountain that is home to a University (Simon Fraser) that turns out Hippies....

Krikey...not only do you have hippy protesters...but they like to SING! That's the worst....LOL!

[Guest Derek L]

Krikey...not only do you have hippy protesters...but they like to SING! That's the worst....LOL!

Yeah, but that news report/protest was a few months ago....all the Hippies (all 60 of them?) are living in tents in front of the art gallery downtown now

[Guest Derek L]

Here a more recent report:

Kinder Morgan aims to expand Trans Mountain pipeline (and let Derek retire early)

[blueblood]

They might be able to eat even more a lot sooner if Canadian oil was shipped abroad in the form of finished products rather than in bulk.

Why we'd want to send the stuff to China so they can fuel their own economy and undercut our's in the process is nuts.

We do not have the money or the market to pop up refineries. It all has to go into the pipeline anyway. The pipeline south would have been the cheapest way to process the vast amount of oil.

We make a lot of money off of china. It's a big reason why we aren't in deep doo doo like our friends down south.

There isn't enough capital to start up an oil refinery. Not only that there has to be all sorts of conduits to transport all of the products crude oil makes. Then there is getting it to market.

[Guest Derek L]

We do not have the money or the market to pop up refineries. It all has to go into the pipeline anyway. The pipeline south would have been the cheapest way to process the vast amount of oil.

We make a lot of money off of china. It's a big reason why we aren't in deep doo doo like our friends down south.

There isn't enough capital to start up an oil refinery. Not only that there has to be all sorts of conduits to transport all of the products crude oil makes. Then there is getting it to market.

Actually There have been and are several new, large refineries and expansions of current ones across Canada.

[wyly]

i believe the pipeline was estimated to cost 7 billion and a large refinery is about 10 billion...pipeline jobs are very short term, refinery jobs are permanent, build the refinery in alberta...