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Old 06-09-2021, 06:57 PM
 
3,599 posts, read 2,972,840 times
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No Keystone pipelines to the States.
https://www.cnn.com/2021/06/09/energ...led/index.html
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Old 06-09-2021, 07:32 PM
 
Location: Canada
4,869 posts, read 10,590,559 times
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Per taxpayer, that's alot of money the Albertan government wasted on a really risky bet for their oil company friends. Biden had already promised to cancel the pipeline and it was either him or Trump that was going to win. Stupid.
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Old 06-09-2021, 08:21 PM
 
Location: Knoxville, TN
12,806 posts, read 6,663,559 times
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The Keystone Pipeline would have been a huge boon to America and the average American. What a shame that detractors killed it just for political reasons, to push solar energy and EVs and advance the Green New Deal. Keystone would have been fantastic for us.
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Old 06-09-2021, 09:27 PM
 
Location: Canada
14,733 posts, read 15,310,958 times
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Oh well. So much for a 4th phase.

But that's okay. The other Keystone pipelines haven't crumbled, they're still there and in operation. The Keystone phases 1, 2 and 3 are still up and running and delivering just as usual as they have been for the past 10 years, so the American oil buyers/refiners are still getting the same oil that they've always been able to rely on at the same rate of time as usual. It just won't be getting to them more directly and more quickly at more volume as it would have if phase 4 (the XL line) had gone through.

I'm thinking that's probably a good thing. Nobody needs more volume of oil delivered at a faster rate. No point in being greedy.

The phases of the Keystone pipelines: https://en.wikipedia.org/wiki/Keystone_Pipeline

.
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Old 06-09-2021, 10:31 PM
 
Location: Canada
7,319 posts, read 9,440,472 times
Reputation: 9860
Quote:
Originally Posted by BIMBAM View Post
Per taxpayer, that's alot of money the Albertan government wasted on a really risky bet for their oil company friends. Biden had already promised to cancel the pipeline and it was either him or Trump that was going to win. Stupid.
I agree. Rightly or wrongly, it should have been clear to everyone it was never going to happen.
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Old 06-10-2021, 08:00 AM
 
22,923 posts, read 15,606,568 times
Reputation: 16962
Quote:
Originally Posted by Zoisite View Post
Oh well. So much for a 4th phase.

But that's okay. The other Keystone pipelines haven't crumbled, they're still there and in operation. The Keystone phases 1, 2 and 3 are still up and running and delivering just as usual as they have been for the past 10 years, so the American oil buyers/refiners are still getting the same oil that they've always been able to rely on at the same rate of time as usual. It just won't be getting to them more directly and more quickly at more volume as it would have if phase 4 (the XL line) had gone through.

I'm thinking that's probably a good thing. Nobody needs more volume of oil delivered at a faster rate. No point in being greedy.

The phases of the Keystone pipelines: https://en.wikipedia.org/wiki/Keystone_Pipeline

.
Not to mention those Saudi and American owned gulf refineries specifically renovated to handle this and Venezuela's heavy crude will have to pay the extra costs of Buffets trains carrying tons of the stuff right through middle U.S.A. and barging it along their western coastline to Cali. refineries.

Very shortly the U.S. is going to find itself losing it's petroleum security, which involves far more than just fuel stocks but, also all of that stuff required for plastics and shampoos among thousands of other products demanding lower quality crude oil.

Aside from paying more for the stuff. What else could possibly go wrong?

My main objection to all of this is the fact that while all the "environmentally concerned" were busily influencing Ottawa, they were not also prepared to pony up and fund research for alternate energies other than those stupid costly wind farms and Chinese made solar panels with a half life measured in minutes.

This has not been a stellar moment in Canada's history with Alberta, and by cultural/historical association; Saskatchewan and Manitoba very likely coming to the conclusion that the ROC was a willing participant in seeing to it that one Province would/could not advantage it's resource to it's fullest potential with all of the coincidental political clout that would give them.
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Old 06-10-2021, 11:49 AM
 
Location: Canada
14,733 posts, read 15,310,958 times
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They'll just expand on the other pipelines that already exist. I believe some of them are already in the works now after having got approval for expansions last year. Everyone saw the long term writing on the wall 12 years ago during the Obama administration and knew that phase 4 of Keystone wasn't going to be approved. XL has been on again off again for years - mostly off. It was a "pipe dream" that wasn't essential because all the bases are already covered. (Pardon the pun).

https://www.reuters.com/article/us-u...-idUSKBN29R1RB

I think the Canadian oil producers and pipeline builders should be building some Canadian refineries and focusing on supplying to Canada's needs from coast to coast first and then attend to other countries next. Particularly so the eastern provinces don't need to continue importing refined foreign oil. Take care of self first before taking care of others.

.
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Old 06-10-2021, 04:59 PM
 
3,599 posts, read 2,972,840 times
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Someone on another website posted that only two refineries on the Gulf Coast can refine Alberta’s “sour” oil. We Southerners put a little sugar in everything.
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Old 06-10-2021, 05:47 PM
 
12,021 posts, read 11,688,131 times
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It was mainly for the benefit of Koch Industries which has the three refineries to process the dirty crude from the tar sands.

It will not benefit US consumers. For that matter, the US is already pockmarked with pipelines and this new one would only create about three dozen permanent jobs.

https://cleantechnica.com/2015/02/10...s-cant-let-go/
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Old 06-10-2021, 06:10 PM
 
22,923 posts, read 15,606,568 times
Reputation: 16962
Quote:
Originally Posted by Zoisite View Post
They'll just expand on the other pipelines that already exist. I believe some of them are already in the works now after having got approval for expansions last year. Everyone saw the long term writing on the wall 12 years ago during the Obama administration and knew that phase 4 of Keystone wasn't going to be approved. XL has been on again off again for years - mostly off. It was a "pipe dream" that wasn't essential because all the bases are already covered. (Pardon the pun).

https://www.reuters.com/article/us-u...-idUSKBN29R1RB

I think the Canadian oil producers and pipeline builders should be building some Canadian refineries and focusing on supplying to Canada's needs from coast to coast first and then attend to other countries next. Particularly so the eastern provinces don't need to continue importing refined foreign oil. Take care of self first before taking care of others.

.
THIS! A thousand times this!
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