the oil sands oil is expensive. Once the rice of oil goes below a certain price, oil sands oil producers will loose money. Aren't we there already?
So explain how flooding the market with expensive oil going to lower the price?
Here's the problem with your logic.
In order for the Keystone Pipe to NOT effect the price, you would have make the claim that the current method of transporting oil, has the exact same cost as the new method.
Obviously, if the new system of transport has the exact same net cost, as the old system.... then the price won't change.
Equally if the new system has a higher cost, than the old system... then the price will go up.
Lastly, if the new system has a lower net cost, than the old system.... then the price will go down.
Can we at least, logically, agree on this much?
Now unless you are not high on Colorado pot-candy, I am going to assume that we can agree on this.
So then the question is, do you think that the cost of the new transport system is higher, the same, or lower. And one question should answer that. Why would any company spend billions to build a system, that is the exact same cost, or a higher cost, than existing systems?
Obviously... that makes no sense. If I am Amazon, and I currently deliver using FedEx, I'm certainly not going to start delivering my goods via Taxi cab, tripling thing cost. That cost would be passed onto consumers who would find cheaper online-order companies to use.
But I might use drones to deliver packages, in order to lower the cost.
So, I believe that the pipeline will reduce prices of oil, because... there is no logical reason that any company would spend billions on a pipeline, to achieve the same price, or a higher price. No one would do that.
That is like suggesting people would by a Hybrid car for $6,000 more than the standard model, if the gas mileage was WORSE. No one would do that.
Now as to the oil sands costs, and profit margins, and so on.... Again.... If it wasn't profitable, why would any company spend an estimated $7 Billion, if the result was going to be money being lost?
Would you spend $100,000 on a project knowing you'd lose all your money?
Obviously the CEOs, and the investors, must know something you don't.
But let's even say that you are right. Then you should have no problem with this at all. After all, a bunch of wealthy people, are going to lose all their money, while working class people work on a project that pays really good cash. In the end, the pipeline will be closed, and no oil will go through it.
So rich people lose, poor people win, and no oil damages the environment. If what you say is true, then every left-winger on the planet should be completely in favor of this project.