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Reflection: Biden killed the Keystone XL oil pipeline from Canada to Texas.
http://roanokeslant.blogspot.com/2012/01/obama-we-dont-need-no-energy.html
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Reflection: Biden killed the Keystone XL oil pipeline from Canada to Texas.
http://roanokeslant.blogspot.com/2012/01/obama-we-dont-need-no-energy.html
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Apparently pipelines can run East-West as well as North-South!
And now US processors will lose that business.
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The U.S. Is Spoiled by Cheap Canadian Oil. That’s About to Change.
A long-awaited pipeline project promises to cut Americans’ discount
The U.S. Is Spoiled by Cheap Canadian Oil. That’s About to Change. - WSJ
Drivers in the Midwest may soon have to pay more at the pump. The reason? Cheap Canadian oil will soon have a new set of buyers.
For years, Canada’s booming oil fields have had few choices but to funnel the country’s thick, tar-like crude oil through pipelines snaking through the Midwest to the Gulf Coast. That has pushed down prices paid by many U.S. refiners and, in turn, gas stations and airports from Minneapolis to Chicago to Detroit.
Those days are numbered. Canadian oil companies will soon have the option to ship crude through a long-delayed, 715-mile pipeline expansion to the Pacific Ocean. That will allow traders to sell more oil to the U.S. West Coast and to fast-growing Asian economies.
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Obama and Biden sure showed those Canadian oil producers didn’t they!
Good move X-lax!
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Apparently pipelines can run East-West as well as North-South!
And now US processors will lose that business.
-
-
The U.S. Is Spoiled by Cheap Canadian Oil. That’s About to Change.
A long-awaited pipeline project promises to cut Americans’ discount
The U.S. Is Spoiled by Cheap Canadian Oil. That’s About to Change. - WSJ
Drivers in the Midwest may soon have to pay more at the pump. The reason? Cheap Canadian oil will soon have a new set of buyers.
For years, Canada’s booming oil fields have had few choices but to funnel the country’s thick, tar-like crude oil through pipelines snaking through the Midwest to the Gulf Coast. That has pushed down prices paid by many U.S. refiners and, in turn, gas stations and airports from Minneapolis to Chicago to Detroit.
Those days are numbered. Canadian oil companies will soon have the option to ship crude through a long-delayed, 715-mile pipeline expansion to the Pacific Ocean. That will allow traders to sell more oil to the U.S. West Coast and to fast-growing Asian economies.
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Obama and Biden sure showed those Canadian oil producers didn’t they!
Good move X-lax!
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