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From a purely selfish American standpoint, I'm not enthusiastic about damaging the environment in the United States so that Canadian oil companies can sell it t
by causi 5y ago
From a purely selfish American standpoint, I'm not enthusiastic about damaging the environment in the United States so that Canadian oil companies can sell it to Europeans.
- nicoburns 5y agoFrom a purely selfish European standpoint I'm not enthusiastic about that either!
- roter 5y agoAs a Canadian, I can't agree more.
- incomingpain 5y ago>From a purely selfish American standpoint, I'm not enthusiastic about damaging the environment in the United States so that Canadian oil companies can sell it to Europeans. Keystone XL goes south to Steele City. Helping also move Baker, MT oil. Not really a total Canadian thing. Keystone XL has nothing at all to do with Europe.
- actionfromafar 5y agoI assumed the underlying idea was that the US will export oil to make up for Russian oil about to be sanctioned in Europe.
- incomingpain 5y ago>I assumed the underlying idea was that the US will export oil to make up for Russian oil about to be sanctioned in Europe. With XL being cancelled. Canadian oil can still get to Port Arthur for export; but would not have the capacity to still serve the US market. In terms of Canadians helping Europe. https://en.wikipedia.org/wiki/Energy_East https://en.wikipedia.org/wiki/Energy_East This is the pipeline that would have been helping Europe but that got cancelled. Huge failure on our government's part for doing this. As a hail mary they approved: https://atlantic.ctvnews.ca/n-l-bay-du-nord-oil-project-highlights-tension-between-economy-climate-goals-1.5850790 https://atlantic.ctvnews.ca/n-l-bay-du-nord-oil-project-high... Deep water well isn't going to be getting built tomorrow. Even if they magic the best resources every and rush this... I would expect it's minimum 5 years out? Europe can wait 5 years without oil right? Really our only option will be oil trains but those crash and burn far too often and probably wont be allowed. So basically... Canada's promise that we are going to be there to help Europe is a lie.
- causi 5y agoKeystone and by extension Keystone XL routes oil to refineries on the gulf coast where the vast majority of it is exported. In fact TransCanada was caught lying about how many American jobs Keystone XL would create, claiming thousands when the real number was 35.
- taylodl 5y agoA key point of the Keystone pipeline is to move Canadian crude to the Gulf where it can be refined and exported. It was originally seen as being politically expedient to run the pipeline over U.S. land instead of Canadian land not to mention the refining and exporting capabilities already present in the U.S. Golf. The key piece often missed when talking about "energy independence" is oil is sold in a global commodities market. Global demand will affect domestic prices, even when the oil is pumped and refined domestically.
- incomingpain 5y agohttps://en.wikipedia.org/wiki/Keystone_Pipeline#/media/File:Keystone-pipeline-route.svg https://en.wikipedia.org/wiki/Keystone_Pipeline#/media/File:... The dotted lines exist already. What got cancelled is in Green. We already get our oil to the gulf. XL is about getting Montana hooked up. > It was originally seen as being politically expedient to run the pipeline over U.S. land instead of Canadian land not to mention the refining and exporting capabilities already present in the U.S. Golf. Energy east was cancelled as well. There is a pipeline almost all the way across canada. There's also another line that briefly goes over Michigan, Line 5. They tried to shut this pipeline down rather illegally. https://en.wikipedia.org/wiki/Enbridge_Line_5 https://en.wikipedia.org/wiki/Enbridge_Line_5 Never did hear much more. Obviously they didnt shut it down. Toronto would basically be a ghost town if they did. >The key piece often missed when talking about "energy independence" is oil is sold in a global commodities market. Global demand will affect domestic prices, even when the oil is pumped and refined domestically. The more important factor. Russia has been planning this invasion since before 2014. For environmental reasons we cancelled every possible way to deliver oil to Europe. We then made a promise to Europe to help them but... ugh... how? Oh right that's why our government really impressed upon them to look into renewables. We are MANY years away from ever helping Europe. Sure is interesting that our government played right into Putin's hands.
- ChoGGi 5y ago> Canadian oil companies Not exactly https://www.straight.com/finance/report-shows-70-percent-of-canadian-oilsands-production-is-owned-by-foreign-companies-and https://www.straight.com/finance/report-shows-70-percent-of-...