New Pipeline From Canada To The US Gulf Coast?

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It wouldn't ever come to that, we would make concessions just like everything else since WWII (except desert storm 2).Russia and China would make sure of that.The softies in Washington are easy on the entire world except its own people.
 
We can always live on the 5MM bbls a day that the USA produces if we cannot get more from overseas. The Canadian tar sand to gulf coast refineries is a good option.

Lets hope that our economy survives enough that the US dollar will still be able to afford imported oil.
 
Another update and possible roadblock:

TransCanada: Oil Sands Exports Will Go To Asia If Blocked In US

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...the $12 billion project has come under fire by environmentalists and some U.S. Democratic lawmakers who object to the higher greenhouse-gas emissions and ecological damage caused by oil-sands development...

Robert Jones, a TransCanada executive in charge of the Keystone project, said during a conference call Tuesday that the fate of the Keystone expansion will have "no impact on oil sands production," because if the U.S. blocks the flow of more oil sands south, it will just go overseas through one of the pipelines proposed to bring oil to China and other Asian markets.
 
Originally Posted By: LTVibe
Another update and possible roadblock:

TransCanada: Oil Sands Exports Will Go To Asia If Blocked In US

Quote:
...the $12 billion project has come under fire by environmentalists and some U.S. Democratic lawmakers who object to the higher greenhouse-gas emissions and ecological damage caused by oil-sands development...

Robert Jones, a TransCanada executive in charge of the Keystone project, said during a conference call Tuesday that the fate of the Keystone expansion will have "no impact on oil sands production," because if the U.S. blocks the flow of more oil sands south, it will just go overseas through one of the pipelines proposed to bring oil to China and other Asian markets.



"Oil-sands production can generate about three times as much carbon dioxide as conventional oil production. However, oil sands' supporters say that since about 80% of emissions are created when oil is burned by consumers rather than when it's produced, oil sands is unfairly criticized for its effect on overall emissions."

Using these numbers, increasing the U.S. fleet average from 19.8 MPG to 22.5 MPG would offset the increased CO2 from oil-sands production (this is assuming that 100% of U.S. oil consumption would be from tar sands, the fleet average would have to increase less then that with a more realistic percentage of tar sands oil usage).
 
Originally Posted By: Steve S
Originally Posted By: Tempest
Nothing like silting your own throat...
That happened years ago!


It is not silting your own throat; it is a US oil company bought politician silting the Canadian tar sand bought politician's throat.
 
Update, July 6: http://www.theglobeandmail.com/report-on...272/?cmpid=rss1

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Opponents have argued that by providing a market outlet for oil sands crude, Keystone XL will create a huge setback to U.S. efforts to combat climate change. Though TransCanada has called it an important step toward U.S. energy security, environmental groups have labelled it an enabler of oil sands “environmental Armageddon.”

Using climate change as a factor in approving the pipeline could seriously jeopardize the future of both the project and Canada’s access to its most important crude buyer. The U.S. now imports more crude from Alberta alone than any other country.

Drilling moratoriums + restricting supplies from Canada + no viable alternative fuels = Much higher gas prices.
 
Recent instability in the Middle East is becoming a factor for pipeline approval:

Canada PM Urges US To Approve Oil Pipeline

"The choice that the United States faces in all of these matters is whether to increase its capacity to accept such energy from the most secure, most stable and friendliest location it can possibly get that energy, which is Canada, or from other places that are not as secure, stable or friendly to the interests and values of the United States." - Canadian PM Stephen Harper
 
New Pipeline = Lower Oil Prices?

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Because the U.S. pipeline system was designed to import oil from the coast to the interior, not vice versa, there's no way to move the extra northern crude to the southern refiners, in places such as Houston and Port Arthur, Texas, which are paying much higher rates for crude from far abroad.

Refiners on the West, Gulf and East coasts -- who produce or import nearly 85 percent of America's fuel -- are therefore forced to pay a premium of $15 to $20 relative to the current futures price of $100 a barrel to keep their plants fed, and pump prices are reflecting that premium.
 
Quote:
A multibillion-dollar expansion project, dubbed Keystone XL, envisions another pipeline that would double the system's oil flows from Canada, the No. 1 oil exporter to the U.S.

Increasing oil supply, thereby reducing prices, is not in the interest of the US State Department.
 
Canada Could Wean U.S. Off "Foreign" Oil

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Take the Keystone Pipeline, for example...

...Once completed, it will have the capacity to carry enough crude from Canada to replace 40 percent of the oil America now imports from overseas...

...But the O**** administration is stalling on the permits needed for construction.
 
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