You should actually read what I wrote. Instead of responding to something I didn't write.
Ding: "As for your ASSUMPTION that oil from Canada's oil sand are corrosive, I don't believe you know what you are talking about." ...
surada: "Its NOT an assumption.. Crude is graded .. Tar Sands are heavy, sour and corrosive."
Sounds like surada is responding to something you wrote ... not that I agree but surada's statement is in line with the article in the OP ... extraction and clean-up will cost more than the oil is worth ...
She never disputed anything I wrote in my previous post. All she did was repeat what had already been addressed. She has offered no evidence in support of her opinion.
As for the economic viability of producing the tar sands, I think it is safe to say that the operators who invested in the project and their investors who paid for the project would disagree with you.
Tar sands are deeply discounted.. about $29 a barrel, The Keystone export pipeline would make more money for the Canadians and the Chinese at the expense of the US.
And yet the producers are still producing from the fields. If they were losing money they would not be doing it.
Again... this has nothing to do with the benefit we get from importing oil from our neighbors.
We import oil from Mexico and Canada ... with about 7% coming from OPEC.
The Keystone pipeline tar sands are strictly for sale oversea. They just don't pay any taxes in the US.
I believe you have been misinformed about the Keystone Pipeline. Do you have a link that supports that The Keystone pipeline tar sands are strictly for sale oversea?
View attachment 474751
The Keystone Pipeline system consists of the operational Phase I, Phase II, and Phase III, the Gulf Coast Pipeline Project. A fourth, proposed pipeline expansion segment Phase IV, Keystone XL, failed to receive necessary permits from the United States federal government in 2015. Construction of Phase III, from
Cushing, Oklahoma, to
Nederland, Texas, in the
Gulf Coast area, began in August 2012 as an independent economic utility.
[notes 1][22] Phase III was opened on January 22, 2014, completing the pipeline path from
Hardisty, Alberta to Nederland, Texas.
[16] The Keystone XL Pipeline Project (Phase IV) revised proposal in 2012 consists of a new 36-inch (910 mm) pipeline from Hardisty, Alberta, through Montana and South Dakota to
Steele City, Nebraska, to "transport of up to 830,000 barrels per day (132,000 m3/d) of crude oil from the
Western Canadian Sedimentary Basin in Alberta, Canada, and from the
Williston Basin (Bakken) region in Montana and North Dakota, primarily to refineries in the Gulf Coast area".
[12] The Keystone XL pipeline segments were intended to allow American crude oil to enter the XL pipelines at
Baker, Montana, on their way to the storage and distribution facilities at
Cushing, Oklahoma. Cushing is a major crude oil marketing/refining and pipeline hub.
[23][24]
en.wikipedia.org