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Old 03-03-2021, 11:09 AM
 
Location: Canada
7,682 posts, read 5,533,957 times
Reputation: 8822

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Quote:
Originally Posted by jojajn View Post
Its going to China. In fact China was involved in the development of the Keystone pipeline.

The Canada-China Foreign Investment Promotion and Protection Agreement (Fipa).


Did Canada buy an oil pipeline in fear of being sued by China?
That 2018 article is not about the Keystone Pipeline.

Article dated May 2020: https://www.straight.com/finance/rep...-companies-and
Quote:
More than 52 percent of "oilsands production" is owned by American shareholders, which is more than twice the level of Canadian ownership, she added. Another 5.2 percent of production is owned by Chinese state-owned companies, according to the report.
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Old 03-03-2021, 11:14 AM
 
Location: East of the Burgh.
2,828 posts, read 825,886 times
Reputation: 961
Quote:
Originally Posted by jojajn View Post
Maybe a thousand temporary jobs to dig for and build the pipeline. I think those workers could serve the US better by repairing and building our roads, bridges, and rails.
Get real, those jobs are not readily available if at all.
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Old 03-03-2021, 11:17 AM
 
Location: East of the Burgh.
2,828 posts, read 825,886 times
Reputation: 961
Quote:
Originally Posted by Chocolatecake1977 View Post
I think the operative word here is 'temporary'. How long is temporary in this case? The pipeline has been in production for at least a decade. Is temporary another five years? Or ten years? Everything is always relative to the situation.

If memory serves, President Obama signed a stimulus package, in 2009, that was supposed to provide "shovel-ready" jobs to fix roads and bridges. I don't recall the money ever going to what the Democratic Party said it would, except to the Unions who then, in turn, donated it back to the Democratic Party. It was a giant Ponzi-scheme.
What Obama did was screw the American people, it was nothing more than a dog and pony show.
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Old 03-03-2021, 11:40 AM
 
Location: East of the Burgh.
2,828 posts, read 825,886 times
Reputation: 961
Quote:
Originally Posted by Dave_n_Tenn View Post
We do it in Alaska, and to your other point, Puget sound doesn't freeze. The reason for moving Canadian oil to the gulf coast is ... 'refineries'.

Any mechanical means of transport will produce leaks and spills... pipe lines, ships, oil rigs, and any vehicle that uses lubricants to function. Yes, vehicles leak more petroleum products than pipe lines.

Give up transportation if leaks are the issue.

Oil must move or we die. One day we may not use oil for fuel, but oil is still gold to civilization. Move it the 'safest' way possible.
What most people here don't realize is that the pipeline is the most efficient and cleanest way to transport oil to the refineries in Texas and Louisiana.
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Old 03-03-2021, 11:49 AM
 
Location: East of the Burgh.
2,828 posts, read 825,886 times
Reputation: 961
Quote:
Originally Posted by BruSan View Post
The O/P has been corrected and informed before many times and still posts nonsense.

The facts of the pipeline are always the same and irrefutable; there would be no need for a pipeline if there was no American driven demand for it based upon the profits derived from oil you can buy at less than $5 a barrel and refine to sell onward at full market value.

American owned oil companies and their shareholders along with Berkshire Hathaway's Buffet and shareholders are not stupid.

Having said that; my hope is that the Keystone XL decision remains a fait accompli and Canada is forced to accelerate other pipeline options. - far less reliance upon a single entity and healthier for all concerned, vis-a-vis environmental considerations.
Yep!
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Old 03-03-2021, 01:27 PM
 
Location: Midwest
38,496 posts, read 25,830,486 times
Reputation: 10789
Quote:
Originally Posted by BruSan View Post
And you will be doing absolutely nothing whatsoever to mitigate that 'lesser risk than the alternatives' by cancelling the pipeline. What about that do you not understand?

That oil will still move through your country regardless by far more dangerous and otential for polluting methods unless and until YOUR country stops buying it.

The two parts of your platform I am challenging:

You state: It is Canada driving this expansion. It is not - Canada will advantage an American demand for the product - no more, no less than foreign ore/electonics/plastic moldings mfgrs advantage the demand by U.S. car makers to produce cars for export.

You state: Environmental concerns will be serviced by stopping a portion of the XL. They will not. It has been long known that pipelines are far safer than trains, trucks or boats. The emissions into the atmosphere of diesel trains, trucks and boats to haul this crap notwithstanding, the land it goes under is for the most part returned to it's previous usage by the owner of record who then gets paid for the access granted.

I'm on record as not being a proponent of this pipeline as it merely cements our reliance upon the U.S. to keep buying the stuff as our primary customer. It also does nothing for our providing a resource for others to profit from when Canada should be doing all it can to gain ALL of those profits for itself.

Cancelling of the pipeline does nothing to change that other than provide yet another wake-up call regarding American duplicity when the product continues to be purchased in bulk by a foreign entity that Canada is obligated via treaty to sell to at any quantity demanded, to then be sold for profit to other foreign entities, some of whom have nothing but the U.S.'s demise as a world power as their ultimate goal.

You're tilting at the wrong windmill. Your bogymen are all living in your own basement.
And why do we, as a country, want to do this just to get oil to China?
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Old 03-03-2021, 01:31 PM
 
Location: Midwest
38,496 posts, read 25,830,486 times
Reputation: 10789
Quote:
Originally Posted by Pgh guy View Post
Get real, those jobs are not readily available if at all.
They need to be done. The very minimum a US citizen should expect for all the taxes they pay, is a infrastructure that is in damn good shape and ready to accommodate expanding businesses and personal enjoyment of these citizens!
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Old 03-03-2021, 01:32 PM
 
Location: Midwest
38,496 posts, read 25,830,486 times
Reputation: 10789
Quote:
Originally Posted by Pgh guy View Post
What most people here don't realize is that the pipeline is the most efficient and cleanest way to transport oil to the refineries in Texas and Louisiana.
We don't need that crude oil from Canada. We are doing just fine now without the Keystone pipeline.
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Old 03-03-2021, 01:40 PM
 
Location: Midwest
38,496 posts, read 25,830,486 times
Reputation: 10789
Quote:
Originally Posted by cdnirene View Post
That 2018 article is not about the Keystone Pipeline.

Article dated May 2020: https://www.straight.com/finance/rep...-companies-and
Don't kid yourself. China is a big player in this.

the only question Chinese companies have asked him was how many Canadian assets they could buy before eliciting a negative reaction.

Quote:
In fact, said this executive, the only question Chinese companies have asked him was how many Canadian assets they could buy before eliciting a negative reaction.
Quote:
Since then, Chinese companies have avoided scrutiny by purchasing only minority interests in Canadian energy companies or buying only the smallest operators.

The Nexen deal represents a shift in that strategy. Nexen is the biggest Canadian energy company to fall entirely under Chinese ownership. While it is not the largest player in the oil sands, its takeover means Chinese national oil companies now own about 10 percent of Canadian oil sands operations.

And few expect their buying streak to stop there.
China, Keystone in a showdown over oil pipeline
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Old 03-03-2021, 01:46 PM
 
Location: Wisconsin
37,981 posts, read 22,167,958 times
Reputation: 13811
Quote:
Originally Posted by jojajn View Post
We risk the pollution whether the oil is shipped in rail cars or high pressure pipelines. The kicker is: the crude oil from Canada is shipped through US land for export to China! We take the risk. Are we to be suckers?

Largest oil shipment sent from Vancouver to China since 2015

Canada's heavy oil exports to Asia from U.S. surge: data, traders
They will use Warren Buffet's trains, or use tanker trucks to move that oil, it's going to be moved one way or the other. The pipeline would have greatly reduced the carbon footprint to move that oil. Trains and trucks have accidents you know, so if you're are looking for a perfect solution, there is none. But I think trains and trucks invite a greater chance of spills than the pipe line would have.
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