Lesh
Diamond Member
- Dec 21, 2016
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View attachment 1037180
So, we sell 40% of the crude we get from Canada to the rest of the world. Now I will amend my statement somewhat. While 97% of it reaches us, 97% of it does not get consumed by us. If the US refilled the SOR (Strategic Oil Reserve) and then supplied the rest of it to the US, the prices would be significantly lower. But I'm no economist by any stretch.
Nonsense. If stopping the pipeline caused higher prices but 97% of the oil that would have gone through it gets to the US in other ways…
Huh?