Obama says no to Keystone

Ok plan B

I was saying the same this morning, then I read a little closer and they are allowed to apply again with a new pipeline route that is less "damaging to the environment". Basically, they want to delay it for no good reason, we should just turn it to Vancouver and start shipping to China.

How about building a line east so Canada does'nt have to import oil from the middle east. Then all the jobs would be in Canada. I read recently that Canada imports 750,000 barrels of oil a day. Keystone was to ship 800,000 barrels a day to Texas. Am I missing something?

Basically, Obama's the President and the Republicans don't get to tell him what to do and when to do it.
Republicans don't give a shit about public opinion or the environment. Big Oil says jump and they ask how high, sir.
Obama WILL approve it in the end, and it will be rerouted.

I don't see how the moron can say "no". The US gets far, far more oil from Canada than from any other country, and twice as much as their next biggest supplier, Saudi Arabia. In 2011, Canada supplied the US with 25% of it's total worldwide oil imports.
This be a no-brainer.

This is actually the fault of the Republicans. They forced a decision recently by passing a Law which meant making a decision before all the Studies/Negotiations were to be completed. Given the various concerns, it was only prudent to reject the Project as it stands at this time. Given more time the Project probably would have eventually been approved, albeit with some adjustments.

There's a lot of Politics at play on it. I suspect it will be approved in some form within the next couple years.

It should be but he apparently no. Saying this a moronic move is kind.

Yes, less insult and friends even more. Good Thinking Mr President.

Hey China, what kinda markup are you guy's willing to pay for a barrel of oil? Apparently the yanks don't want the stuff for free.

No. The Trans-Canada oil pipeline cuts through the US under Lake Michigan and continues through Sarnia to Montreal and then cuts southeast to Maine. This leaves Eastern PQ and the Atlantic provinces out of the loop.

I imagine this is a cost/benefit problem. Once you get past Montreal suddenly you are faced with extensive geography and thin population. It may just make more sense, cost wise, to import it by ship.

Here are some maps and more data than you would ever want to look at on pipslines and the Canadian oil scene.

http://atlas.nrcan.gc.ca/site/english/m ... es/179_180

Ever hear of the Canadian Shield ? that's why.

obvious question with this whole affair?

If we are in a recession and need more jobs and economic stability why don't we just refine the bloody oil ourselves and say come buy it from us by the barrel.

Does Oil have to be used in a fairly small window after being refined or is there some reason I'm missing here?

This is just a guess, but I think it's more economical to ship it in it's crude form and refine it into it's various products closer to the end market. You can pump crude oil through a pipeline, but I don't think it's too safe to pump gasoline through a pipeline to get it to it's destination. Therefore you'd have to truck it from it's Canadian refinery to it's various U.S. destinations.

But if that's the case wouldn't we have to truck it from Texas all over the states anyway?