Nostra
Diamond Member
- Oct 7, 2019
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- #41
You have never spoken about reality. You are a lying sack of shit. The oil from Canada wouldn't go to China, liar.I am speaking what actually is reality, your inability to deal with it is not my concern, but your lies are my concern because of the motive you use.You are a delusional troll as well.Tens of thousands of jobs on a pipeline to pump oil to Texass and then to China from a oil field that China put 15 billion into...Now we know who the China supporters really are.Tens of thousands of jobs, for one.What have they destroyed thus far?wrong--they are accomplishing things--like destroying the US
It would be used in the US to reduce imports.
Where Keystone's oil will go
If the proposed Keystone pipeline expansion gets built, oil will flow from Canada to the Gulf of Mexico. But will it stay in the United States, or get shipped elsewhere?
Supporters of Keystone say the project will benefit Americans because it will reduce the country's reliance on foreign oil.
But critics claim the oil Keystone carries will simply be exported to other parts of the world.
Which argument is right? Refining analysts say both.
Reducing dependence on foreign oil
It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. It's generally cheaper to transport oil by pipeline than by ship, so refiners would likely opt for the Canadian crude.
"They want the additional Canadian barrels to displace higher cost barrels from Venezuela, Mexico or Saudi Arabia," said Allen Good, an oil company stock analyst at Morningstar.
Where Keystone's oil will go
Supporters say Keystone will cut U.S. reliance on foreign oil. But critics say the crude will be exported. They're both right.
money.cnn.com