That is what is likely to happen. Then the left sits there and whines and squeels like pigs about business going to China, when we create an environment endemically hostile to business. Gee, why won't they just stay in the US and get screwed over and go out of business rather than go to China where they're actually free to function?
You would think socialists would want business which create tax revenue so they can do more government control actions.
Who needs a pipeline when your friend, Warren Buffett, owns a railroad and has a $38B subsidy to haul the oil?
http://www.bnsf.com/customers/where-can-i-ship/ -map