View Single Post
Old 04-07-2022, 10:38 PM   #787
RainMaker
General Manager
 
Join Date: Jun 2006
Location: Chicago, IL
Quote:
Originally Posted by Solecismic View Post
Why is Keystone XL important? A better way to get Canadian oil to US refineries. Current methods of supplying the refineries are less reliable and less efficient. Without Keystone XL, the crude ends up mostly shipped to China.

The whole point of Keystone XL is to move the sour crude that no one here wants and get it to more lucrative markets in China and India. The Gulf allows them to send it through the Panama Canal. There are far more efficient ways for Canada to send oil to Europe. They have an entire coast filled with major ports. It's always been designed as a pipeline to send Canadian oil to Asia.

Also worth noting that this is happening already. Tons of oil goes through the gulf. It's just coming via rail instead of this pipeline. So we know precisely where it is going to end up.

Quote:
Originally Posted by Solecismic View Post
If we export refined oil to Europe instead, as well as using it ourselves, there's less need to import from Russia. We don't import a lot from Russia, but the EU is completely dependent. Ideally, we should be encouraging EU countries to start producing again.

Who is we? The pipeline is for a private Canadian energy company. We have no say in where that oil goes.
RainMaker is online now   Reply With Quote