Keystone XL

[TOM4CWB]

***crickets from the lefties****

Biden’s press secretary just announced that they would use renewable energy to replace Russian oil… and not increase domestic oil production or allow the Keystone pipe line…

Stunning’Green new deal’ rhetoric from the US White House …

[shtferbrains]

Biden’s press secretary just announced that they would use renewable energy to replace Russian oil… and not increase domestic oil production or allow the Keystone pipe line…

Stunning’Green new deal’ rhetoric from the US White House …

$6 Billion to maintain Nuclear.

[beaverdam]

Need to pack into Ottawa again, this time with signs that say,

"Stop Russian oil imports into Canada,,, NOW"

Can't the far left get behind that slogan?

(oh ya, don't forget to bring the F Trudeau flags as well)

[Hamloc]

Biden’s press secretary just announced that they would use renewable energy to replace Russian oil… and not increase domestic oil production or allow the Keystone pipe line…

Stunning’Green new deal’ rhetoric from the US White House …

Question the United States has 1 solar panel manufacturer. 70% of the worlds solar panels are manufactured in China. Does this make sense? Where will the infrastructure to generate renewable energy come from?

[Oliver88]

Question the United States has 1 solar panel manufacturer. 70% of the worlds solar panels are manufactured in China. Does this make sense? Where will the infrastructure to generate renewable energy come from?

When China invades Taiwan will we have to sanction Chinese solar panels?

[chuckChuck]

https://financialpost.com/commodities/energy/even-without-keystone-xl-canada-set-to-send-record-amount-of-oil-to-the-u-s

Even without Keystone XL, Canada set to send record amount of oil to the U.S.

U.S.-Canada pipelines will have more than enough capacity to handle increasing volumes of crude out of Canada

Author of the article:

Reuters
Nia Williams and Devika Krishna Kumar
Publishing date:
Jan 25, 2021 • January 25, 2021 • 3 minute read •

CALGARY/NEW YORK — The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years through other pipelines that are in the midst of expanding.

U.S. President Joe Biden cancelled Keystone XL’s permit on his first day in office Wednesday, dealing a death blow to a long-gestating project that would have carried 830,000 barrels per day of heavy oilsands crude from Alberta to Nebraska.


Environmental activists and Indigenous communities hailed the move, but traders and analysts said U.S.-Canada pipelines will have more than enough capacity to handle increasing volumes of crude out of Canada, the primary foreign supplier of oil to the United States.

Currently, Canada exports about 3.8 million bpd to the United States, according to U.S. Energy Department data. Analysts expect that to rise to between 4.2 million and 4.4 million bpd over the next few years. Pipeline expansions currently in progress will add more than 950,000 bpd of export capacity for Canadian producers before 2025, according to Rystad Energy.

Biden’s administration has set a goal of moving towards decarbonization and reducing the country’s reliance on oil and gas and cutting harmful air pollutants. Most of the nation’s energy still comes from fossil fuels.

“Whatever limited benefit that Keystone was projected to provide now has to be obviously reconsidered with the economy of today,” said Gina McCarthy, Biden’s leading domestic climate policy coordinator at the White House.

Even without Keystone, however, the United States now relies on Canada for more than half of its imported oil. Several of the lines carrying that crude are in the midst of expansions.

We will be over-piped assuming the other pipelines go ahead on schedule
Wood Mackenzie research director Mark Oberstoetter

Enbridge Inc.’s Line 3 replacement project is in the process of doubling its capacity, which will allow it to deliver about 760,000 bpd of crude from Alberta to Superior, Wisconsin, by the end of this year.

Canada’s government is also expanding the state-owned Trans Mountain line by 590,000 bpd to 890,000 bpd. That line terminates at the Port of Vancouver, where it should be able to deliver barrels via tankers to the United States.

Meanwhile, TC Energy received U.S. approval last year to expand its existing Keystone 590,000-bpd line — located far from the proposed Keystone XL — which would add an additional 170,000 bpd into the U.S. Midwest and Gulf Coast.

“We will be over-piped assuming the other pipelines go ahead on schedule,” said Wood Mackenzie research director Mark Oberstoetter. “If you add them all up, you can make the argument KXL was not needed.”

Construction underway on Trans Mountain and Line 3 could still be held up by environmental protests, but unlike Keystone XL, both pipelines have cleared legal and regulatory hurdles.

Oil production in western Canada will rise in 2021 to a new record of 4.45 million bpd, RBN Energy estimates, up from 3.9 million bpd in 2020, most of which will be exported to the United States.

Canada is the world’s fourth-biggest crude producer, but has been grappling for years with congestion on pipelines. That caused a glut of oil in storage tanks in Alberta, driving prices down, and spurring the province to impose production curtailments to drain record inventories.

Those curtailments were lifted in November, and production has been rising ever since. Even as production is rising again, pipeline companies have boosted efficiency on existing pipelines through the use of drag-reducing agents.

“While the politics around KXL will continue to reverberate for some time, the reality is that western Canada — for the first time in recent memory — may soon reach a juncture at which it has excess oil export capacity,” Rystad Energy’s vice president for North American shale Thomas Liles said in a note.

© Thomson Reuters 2021
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[chuckChuck]

Just like nobody predicted the US would expand its domestic production capacity with fracking technology. Nobody predicted Putin would go rogue, invade the Ukraine and threaten energy exports to the EU on a scale never imagined.

But don't let that stop you from re fighting the Keystone XL decision that was made by two American presidents.

[dmlfarmer]

Chuck ,Agstar , Dml and all you guys that said we don't need oil , well you all are responsible for this travesty in the Ukraine
watch this video above and tell me what part is BS?
then sign the petition

Case, show me where I ever said we do not need oil. I have never made that claim on here or anywhere else. I also support pipelines.

But seeing as you know it all, and are so quick to lay blame I have two questions for you.

First, the Notley government signed contracts with the rail companies for movement of oil by rail for new cars and movement of that oil knowing Alberta needed more market access and pipelines were years away. In his first year in office the Kenney government cancelled those contracts. Why are you not blaming Kenney and UCP for the travesty in the Ukraine too, if it is all due to oil and energy as you seem to be claiming.

Second, in 2020 Canadian oil producers exported $47.66 billion of crude oil. Canadian companies imported $11.5 billion of crude oil. We are net exporter of oil. But when you break down those figures even more you find that even though most of the crude that is exported from Canada goes to the US, Canadian companies imported $8.76 billion of crude from the US. Eastern Canada refineries (Que, NB, NFLd) imports the most foreign oil ($8.5 billion worth) but Saskatchewan also accounted for imports of about $1 billion dollars of crude. Lack of pipelines do prevent western crude from supplying eastern needs, but is this really an issue given we are western crude south and the US is shipping eastern crude north. Isn't this the way a free market should work with companies buying and selling where the economics make the most sense? And as a follow up question, does Canada even have the refining ability to handle WCS heavy oil to meet domestic needs across the country or is refining capacity as much a limiting factor as piipelines?

[AlbertaFarmer5]

Case, show me where I ever said we do not need oil. I have never made that claim on here or anywhere else. I also support pipelines.

But seeing as you know it all, and are so quick to lay blame I have two questions for you.

First, the Notley government signed contracts with the rail companies for movement of oil by rail for new cars and movement of that oil knowing Alberta needed more market access and pipelines were years away. In his first year in office the Kenney government cancelled those contracts. Why are you not blaming Kenney and UCP for the travesty in the Ukraine too, if it is all due to oil and energy as you seem to be claiming.

Second, in 2020 Canadian oil producers exported $47.66 billion of crude oil. Canadian companies imported $11.5 billion of crude oil. We are net exporter of oil. But when you break down those figures even more you find that even though most of the crude that is exported from Canada goes to the US, Canadian companies imported $8.76 billion of crude from the US. Eastern Canada refineries (Que, NB, NFLd) imports the most foreign oil ($8.5 billion worth) but Saskatchewan also accounted for imports of about $1 billion dollars of crude. Lack of pipelines do prevent western crude from supplying eastern needs, but is this really an issue given we are western crude south and the US is shipping eastern crude north. Isn't this the way a free market should work with companies buying and selling where the economics make the most sense? And as a follow up question, does Canada even have the refining ability to handle WCS heavy oil to meet domestic needs across the country or is refining capacity as much a limiting factor as piipelines?

By the time Notley ordered the rail cars, they were already redundant. Keyera owned a whole fleet of tank cars, which were all sitting on sidings unused, and they weren't the only ones.

If Notley had attempted to consult industry they never would have been ordered in the first place.

You correctly point out the volume of trade across the US Canadian border. It dwarfs the trade between the provinces. Geography, population centers, trade barriers etc all ensure this is the case. We are already fully integrated into the US economy. The western provinces joining the US will be merely a formality. The emerging energy/commodity boom is going to be the impetus that ensures this happens.

[AlbertaFarmer5]

Just like nobody predicted the US would expand its domestic production capacity with fracking technology. Nobody predicted Putin would go rogue, invade the Ukraine and threaten energy exports to the EU on a scale never imagined.

Nobody? Just how long have you been living under a rock?

[WiltonRanch]

Nobody? Just how long have you been living under a rock?

My thoughts as well. If you couldn’t see that one coming you probably couldn’t find your ass with your hands.

[AlbertaFarmer5]

My thoughts as well. If you couldn’t see that one coming you probably couldn’t find your ass with your hands.

And that applies to both situations he mentioned.

[Guest]

rachel can't have it both ways tho?
not much appetite for moving oil in rail cars after this *** mess

[Guest]

Just like nobody predicted the US would expand its domestic production capacity with fracking technology. Nobody predicted Putin would go rogue, invade the Ukraine and threaten energy exports to the EU on a scale never imagined.

But don't let that stop you from re fighting the Keystone XL decision that was made by two American presidents.

un fu kin believable ?????????
You need to change channels

[sumdumguy]

Just like nobody predicted the US would expand its domestic production capacity with fracking technology. Nobody predicted Putin would go rogue, invade the Ukraine and threaten energy exports to the EU on a scale never imagined.

But don't let that stop you from re fighting the Keystone XL decision that was made by two American presidents.

North America must be self-sufficient in oil to be strong enough to withstand foreign threats. The best insurance would be tight-knit union. The best defence is a bullet-proof offence. IMHO