Oops! Biden Wants To Import More Canadian Oil But He Killed The Keystone Pipeline

[surada]

So we need to build that pipeline because we need extra oil, but the oil will leave our shores.

The keystone XL only benefits the Chinese owners of Canadian tarsands.

 

[LeftofLeft]

Oil company executives states overwhelmingly in a Dallas Fed poll that shareholders not politicians are keeping them from doing more drilling. It wasn't even c lose at 59% to 7%.

First, please provide validation to your claim. Second, if true, a survey among oil executives blaming shareholders about limiting drilling is not going to have the same impact on the Market response (prices) that egregious regulation is. Also, how long have shareholders been restricting drilling according to your report?

 

[excalibur]

The keystone XL only benefits the Chinese owners of Canadian tarsands.

Oil Sands Operations by Country​

Country	Production	Upgrading
Canada	62.6%	73%
United States	23.6%	18.1%
China	6%	7.3%
Netherlands	2.2%	1.6%
Rest or the World	5.6%	-

Which Countries Owns the Canadian Oil Sands

 

[surada]

Oil Sands Operations by Country​

Country	Production	Upgrading
Canada	62.6%	73%
United States	23.6%	18.1%
China	6%	7.3%
Netherlands	2.2%	1.6%
Rest or the World	5.6%	-

Which Countries Owns the Canadian Oil Sands

China has invested billions in Canadian tarsands.

 

[surada]

The dumb is so strong with Biden and his stupid administration. Just dumber than dumb.

In a desperate effort to alleviate pressure at the pump that’s left Americans coping with the highest gas prices on record compounded by inflation, the Biden administration is reportedly seeking ways to import more oil from Canada. Too bad President Joe Biden spiked the Keystone XL Pipeline that was expected to bring 830,000 barrels of Canadian crude to Gulf refineries upon inauguration.

The Wall Street Journal reported Tuesday the White House is now facing the consequences of its own war on domestic energy projects using fossil fuels but refuses to reverse course.

“Biden administration officials are seeking ways to boost oil imports from Canada, people familiar with the situation say, but with one big caveat—they don’t want to resurrect the Keystone XL pipeline that President Biden effectively killed on his first day in office,” the Journal wrote. “The people said deliberations are in early stages and that no clear-cut solutions have emerged.”

Instead, White House alternatives point to rail for transport, undermining the purpose of its Keystone cancellation with environmental risks and emissions elevated in comparison to those presented by pipeline.

“Canada could export some more oil via rail, according to analysts and others familiar with the situation, and it could also pump more oil by increasing pressure on existing lines or by installing larger pipelines along permitted routes,” the Journal added. “Those options, however, offer limited potential because rail transport is expensive and existing pipelines are at or near capacity.”

When explaining options to circumnavigate the surprise shutdown of the Colonial Pipeline after a ransomware attack last spring, Energy Secretary Jennifer Granholm explained her preference for pipe over rail for its reliability.

...​

Biden Wants More Canadian Oil But He Killed The Keystone Pipeline

White House alternatives point to rail for transport, undermining the purpose of its decision to cancel the Keystone Pipeline.

thefederalist.com

Canadian crude oil NOT tarsands.

 

[Sandisk]

The dumb is so strong with Biden and his stupid administration. Just dumber than dumb.

​

​

Ummm...you do realize that the Keystone pipeline just would have made shipping oil easier?
It in NO WAY increased the total amount of oil that Canada can ship to America.
The oil will just come by existing pipelines, ships and trains.

 

[excalibur]

Canadian crude oil NOT tarsands.

Just stop the bullshit, it is crude that is extracted from tar sands and refined into other products.

 

[excalibur]

Ummm...you do realize that the Keystone pipeline just would have made shipping oil easier?
It in NO WAY increased the total amount of oil that Canada can ship to America.
The oil will just come by existing pipelines, ships and trains.

Not so. And I don't think we ship any crude from Canada to the USA by ship. Existing pipelines cannot handle all the ~830,000 bbls per day that would have been delivered via Keystone XL northern leg.

Trains are the worst way to ship oil, slower than a pipeline, and you need to show how much of the oil produced from tar sands is being shipped by rail.

 

[excalibur]

From an unfriendly source. And yes, the refined products were meant for South America and Europe (Gee, do ya think Europe could use some of that refined product now?).

The Keystone XL pipeline extension, proposed by TC Energy (then TransCanada) in 2008, was initially designed to transport the planet’s dirtiest fossil fuel, tar sands oil, to market—and fast. ​

​

As an expansion of the company’s existing Keystone Pipeline System, which has been operating since 2010 (and continues to send Canadian tar sands crude oil from Alberta to various processing hubs in the middle of the United States), the pipeline promised to dramatically increase capacity to process the 168 billion barrels of crude oil locked up under Canada’s boreal forest. ​

​

It was expected to transport 830,000 barrels of Alberta tar sands oil per day to refineries on the Gulf Coast of Texas. (emphasis added)​

What Is the Keystone XL Pipeline?

How a single pipeline project became the epicenter of an enormous environmental, public health, and civil rights battle.

www.nrdc.org

 

[surada]

Just stop the bullshit, it is crude that is extracted from tar sands and refined into other products.

Lol nope

 

[surada]

Shale and Tight Resources in Canada

Canada

www.nrcan.gc.ca

 

[BrickHouse88]

 

[surada]

View attachment 639231

Keystone XL is a tax dodge that only benefits the Chinese. There's no benefit to US consumers or taxpayers. You should have known this back in 2011. The US just gets the environmental impact.

 

[excalibur]

Lol nope.

LOL Yes. You are either lying or ignorant.

 

[excalibur]

China has invested billions in Canadian tarsands.

They have 6% going up to less than 8%. See?

Oil Sands Operations by Country​

Country	Production	Upgrading
Canada	62.6%	73%
United States	23.6%	18.1%
China	6%	7.3%
Netherlands	2.2%	1.6%
Rest or the World	5.6%	-

 

[excalibur]

View attachment 639231

Buffett also owns the biggest manufacturer and lessor of tank cars in Marmon Group which is the holding company of both UTLX and Procor.

Wikiwand - Marmon Group

Marmon Group is an American industrial holding company headquartered in Chicago, Illinois; founded by Jay Pritzker and Robert Pritzker in 1953 , it has been held by the Berkshire Hathaway group since 2013. It owns companies that produce transportation equipment, electrical components and other...

www.wikiwand.com

 

[surada]

They have 6% going up to less than 8%. See?

Oil Sands Operations by Country​

Country	Production	Upgrading
Canada	62.6%	73%
United States	23.6%	18.1%
China	6%	7.3%
Netherlands	2.2%	1.6%
Rest or the World	5.6%	-

Tarsands. They strip mine it like soft coal.

 

[excalibur]

Tarsands. They strip mine it like soft coal.

They then remove the crude oil and that was to be shipped via the northern portion of Keystone XL.

They also get the crude out of tar sands without strip-mining by using high-pressure steam.

They remove the crude oil from the tar sands through several processes once it flows and then becomes SCO, Synthetic Crude Oil.

In-situ Production​

In-situ extraction methods are used to recover bitumen that lies too deep beneath the surface for mining (greater than 75 metres underground). Currently, 80% of oil sands reserves are accessible via in-situ techniques.

Steam Assisted Gravity Drainage (SAGD) is currently the most widely used in-situ recovery method. This method requires the drilling of two horizontal wells, one slightly higher than the other, through the oil sands deposit. Steam is injected continuously into the top well and, as the temperature rises in what is termed the “steam chamber”, the bitumen becomes more fluid and flows to the lower well. The bitumen is then pumped to the surface.

Open Pit Mining​

Open-pit mining is similar to traditional mineral mining operations and largely employed where oil sands reserves are closer to the surface (less than 75 metres underground). Currently, 20% of oil sands reserves are accessible via mining techniques.

Large shovels scoop the oil sand into trucks which then move it to crushers where the large clumps of earth are processed. Once the oil sand is crushed, hot water is added so it can be pumped to the extraction plant. At the extraction plant more hot water is added to this mixture of sand, clay, bitumen, and water in a large separation vessel where settling time is provided to allow the various components to separate. During separation, bitumen froth rises to the surface, where it is removed, diluted, and refined further.

Upgrading​

Bitumen recovered from open pit mines or from in situ extraction is a very thick, viscous substance that has to be upgraded or diluted in order to be pipelined and used as feedstock in refineries.

The purpose of upgrading is to transform bitumen into synthetic crude oil (SCO) which can be refined and marketed as consumer products such as diesel and gasoline. Upgrading processes involve either adding hydrogen or removing carbon from the bitumen to create SCO.

Although the overall upgrading process flow diagram varies from company to company, generally the process is broken down into two broad types of upgrading, namely primary and secondary upgrading. Primary upgrading breaks down the heavy molecules of bitumen into lighter and less viscous molecules. Secondary upgrading is meant to further purify and distill the bitumen obtained from primary upgrading to remove unnecessary impurities such as nitrogen, sulphur, and trace metals so that it could be used as feedstock for oil refineries.​

Oil Sands Extraction and Processing

www.nrcan.gc.ca

 

[surada]

They then remove the crude oil and that was to be shipped via the northern portion of Keystone XL.

They also get the crude out of tar sands without strip-mining by using high-pressure steam.

They remove the crude oil from the tar sands through several processes once it flows and then becomes SCO, Synthetic Crude Oil.

In-situ Production​

In-situ extraction methods are used to recover bitumen that lies too deep beneath the surface for mining (greater than 75 metres underground). Currently, 80% of oil sands reserves are accessible via in-situ techniques.

Steam Assisted Gravity Drainage (SAGD) is currently the most widely used in-situ recovery method. This method requires the drilling of two horizontal wells, one slightly higher than the other, through the oil sands deposit. Steam is injected continuously into the top well and, as the temperature rises in what is termed the “steam chamber”, the bitumen becomes more fluid and flows to the lower well. The bitumen is then pumped to the surface.

Open Pit Mining​

Open-pit mining is similar to traditional mineral mining operations and largely employed where oil sands reserves are closer to the surface (less than 75 metres underground). Currently, 20% of oil sands reserves are accessible via mining techniques.

Large shovels scoop the oil sand into trucks which then move it to crushers where the large clumps of earth are processed. Once the oil sand is crushed, hot water is added so it can be pumped to the extraction plant. At the extraction plant more hot water is added to this mixture of sand, clay, bitumen, and water in a large separation vessel where settling time is provided to allow the various components to separate. During separation, bitumen froth rises to the surface, where it is removed, diluted, and refined further.

Upgrading​

Bitumen recovered from open pit mines or from in situ extraction is a very thick, viscous substance that has to be upgraded or diluted in order to be pipelined and used as feedstock in refineries.

The purpose of upgrading is to transform bitumen into synthetic crude oil (SCO) which can be refined and marketed as consumer products such as diesel and gasoline. Upgrading processes involve either adding hydrogen or removing carbon from the bitumen to create SCO.

Although the overall upgrading process flow diagram varies from company to company, generally the process is broken down into two broad types of upgrading, namely primary and secondary upgrading. Primary upgrading breaks down the heavy molecules of bitumen into lighter and less viscous molecules. Secondary upgrading is meant to further purify and distill the bitumen obtained from primary upgrading to remove unnecessary impurities such as nitrogen, sulphur, and trace metals so that it could be used as feedstock for oil refineries.​

Oil Sands Extraction and Processing

www.nrcan.gc.ca

Tarsands or oilsands are best used in road construction.

 

[excalibur]

Tarsands or oilsands are best used in road construction.

They refine it into diesel or gasoline.