Skip to comments.A better case for Keystone XL (Case for approving it is strong and getting stronger)
Posted on 05/02/2012 6:32:16 AM PDT by SeekAndFind
THE CASE FOR ultimately approving the Keystone XL pipeline always strong has grown stronger.
A key environmentalist argument against Keystone XL has been that the project would encourage the extraction of bitumen, a particularly dirty oil-like substance, from the oil sands in Alberta. If activists could shut in Canadian bitumen, limiting the ability of oil companies to sell the product, they argued, perhaps petroleum firms wouldnt be able to fully develop the oil sands.
That hope always was unrealistic, and a recent announcement from Kinder Morgan, another pipeline company, illustrates why. The firm wants to nearly triple the capacity of its existing Trans Mountain pipeline between Alberta and Vancouver a route from the oil sands to the world market enabling it to carry even more product than the Keystone XL would. From there, much of it would probably head to Asia. Because the pipeline exists, expanding it may not face the same regulatory hurdles particularly opposition from native groups that other proposals to run new pipelines to Canadas west coast have encountered.
There is already enough spare pipeline capacity running out of the oil sands to accommodate increasing production for much of this decade, a government report concluded in 2010. While Kinder Morgans expansion certainly wouldnt sate all the future demand for pipeline capacity, it would add more time before the environmentalists strategy could seriously impact production. And it demonstrates a critical point: Even if environmentalists manage to stop one pipeline or another, given high world oil prices, the enthusiastic support of the Canadian government, the many transport options and the years available to develop infrastructure, its beyond quixotic to believe that enough of the affordable paths out will be blocked. Environmentalists might succeed, however, in relocating some construction jobs outside the United States.
(Excerpt) Read more at washingtonpost.com ...
What would happen if they built both pipelines and China bid up the price over the world market price, how much oil would be flowing south to the states?
If it's liquid and it burns it goes into the giant petroleum tub for worldwide consumption.*Somebody* will buy it.With China's demand and OPEC market manipulations it will be used.
translation: PM Harper has already flipped yinz the bird, so SHADDDUP already!
China realizes what our present leadership does not, without energy modern society collapses.
They realise it ...that’s why they are doing it....deconstructing the USA.
How many months (or years) have Republicans argued the Canadian oil sands output will just go to China if we don't get Keystone XL online and it'll also cost thousands of U.S. jobs?
If nothing else Romney, et al. can beat Obama over the head with this WaPo editorial.