Keystone Pipeline & Presidential Election 2012

[Guest American Woman]

You can't make this stuff up! Now, the American Left has decided to attack Canada!

Turnabout is fair play? The Canadian Left has been attacking America for years.

"....it seems anti-Canadianism could be the new anti-Americanism."

That would almost be fun to sit back and watch.*

At any rate, interesting article.

*(Just kidding)

[sharkman]

How dare you use TWO smilie faces in one post! (Gee, now I'm conflicted. I want to use one because it sounds like I'm mad or something even though I'm not actually. I'm simply joking, but it may insult those who hate the smiley. Aw hell, now I AM mad and a smiley wouldn't fit my present mood!)

[Guest Derek L]

how obtuse are you? Truly! Topic changing and irrelevancy is yours in the first place for bringing up the Bakken formation. You are trying so hard and so concertedly, to miscast and downplay TransCanada's own Canadian NEB submission reference that presumed to help qualify the legitimacy of it's business case/intent, by claiming increased profits... at the expense of, effectively, manipulating supply and pricing (most particularly as relates to the U.S. Midwest market). Quite clearly, except to you... this is not one of the U.S. benefits you presumed to hype. Any suggestion of a 'net benefit' argument results from your disjointed and fabricated imagination. Equally, of course, another counter to your overall hyping of perceived U.S. benefits, one you fail to acknowledge any mention of, is the true principal target for the KXL pipeline; i.e., new global (read Asian) markets... not the domestic U.S. market. Just what are those U.S. benefits you keep hyping, without actually stating what they are, hey?

Forgive me for not jumping into this discussion earlier, since our last debate relating to the subject last year, this topic has seemed to manifest itself into multiple threads but with the same results……..akin to watching the same hockey game on seven different channels.

As you and I discussed earlier, what is the net impact of an increase of oil supply on the world market?

Also, what would be the net benefit for Western (In this case namely North American) oil companies to have unfettered access to said supply from relatively stable countries?

And what is the net impact for said stable North American countries having a developed supply in time of a world crisis? (I.E A war in the Middle East)

[waldo]

Forgive me for not jumping into this discussion earlier, since our last debate relating to the subject last year, this topic has seemed to manifest itself into multiple threads but with the same results……..akin to watching the same hockey game on seven different channels.

As you and I discussed earlier, what is the net impact of an increase of oil supply on the world market? [waldo: unless you're prepared to state, unequivocally, that your implied scenario's market supply won't be subject to typical OPEC like manipulations of that supply... in regards to industry favoured price controls/adjustments... your question has no foundation in reality]

Also, what would be the net benefit for Western (In this case namely North American) oil companies to have unfettered access to said supply from relatively stable countries? [waldo: the U.S. currently imports the majority of it's oil from, in descending capacity order, Canada, Saudi Arabia, Mexico, Venezuela, Nigeria, Colombia... is there a problem here? A real problem? In any case, see potential moot point... see U.S. domestic aspirations toward increased conventional exploration and non-conventional shale fracking]

And what is the net impact for said stable North American countries having a developed supply in time of a world crisis? (I.E A war in the Middle East)[waldo: notwithstanding strawman extensions, we've been having Middle East instability/war for over a decade. I look forward to you suggesting just how much your described "net impact", would have been... different... without this Middle East instability/war over the past decade+]

[Guest Derek L]

[waldo: unless you're prepared to state, unequivocally, that your implied scenario's market supply won't be subject to typical OPEC like manipulations of that supply... in regards to industry favoured price controls/adjustments... your question has no foundation in reality]

But your response is lacking in a known reality……..Has OPEC ever faced real competition? Would they simply stop exporting oil? The prior oil shortages of the 70s were prior to the completion of the American’s SPR.

[waldo: the U.S. currently imports the majority of it's oil from, in descending capacity order, Canada, Saudi Arabia, Mexico, Venezuela, Nigeria, Colombia... is there a problem here? A real problem? In any case, see potential moot point... see U.S. domestic aspirations toward increased conventional exploration and non-conventional shale fracking]

How many wars and interventions have been fought in the Middle East/North Africa under the auspices of some lofty reason, when in fact you and I both know the real reason?

[waldo: notwithstanding strawman extensions, we've been having Middle East instability/war for over a decade. I look forward to you suggesting just how much your described "net impact", would have been... different... without this Middle East instability/war over the past decade+]

Ahh but in recent history the United States has had the SPR as a counter………Less then two months after 9/11, President Bush directed the Department of Energy to fill the SPR to unprecedented levels to avoid major price fluctuations………..Prudent foresight or perhaps he knew what events would transpire in a few years time?

As one of the more popular talking points conveys, the war in Iraq was about oil……….And what of Libya? And what of the coming war with Iran?