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Keystone XL Pipeline questions

February 8, 2014

To the editor: I’ve been reading all the great things the US will derive from the Keystone XL Pipeline, and was really appreciative of our great friends in Canada generously sending all those great......

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(7)

middleclassworker

Feb-11-14 11:47 PM

Let them ship it however they choose...across Canada. They do not need to cross the US to send it to China.

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JReader

Feb-11-14 10:07 AM

JV,

The bottom line is the oil will be shipped out. If not by pipeline then by rail car & truck. Two much more dangerous and costly alternatives. It is totally naïve to believe that the Canadians will just leave the oil in the ground.

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japanviking

Feb-10-14 8:03 PM

JReader you had better do some more research because they cannot get a permit to build a pipeline to the West Coast of Canada and the pacific as British Columbia refuses to grant them that permit. Kind of makes you wonder them why people here would want to when their own countryman will not.

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JReader

Feb-10-14 1:03 PM

Aunty,

Do you suggest that a better alternative is to continue to try to hold the Canadian oil hostage for the sole benefit of the Midwest consumer ? They could certainly choose to run a pipeline to the West and within their own borders and the Midwest consumers would find themselves in the exact same boat. Having more oil refined on U.S. soil is certainly a better alternative than having shipped directly from Canada to China.

And Obama of all people should embrace the prospect of any job creation in our private sector. He certainly hasn't delivered yet when it comes to employment. The biggest single reason our unemployment rate continues to drop is because people have simply given up looking. Hardly an accomplishment for the president.

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Auntydem

Feb-10-14 10:59 AM

Disagree with facts all you want, but the Canadian plan uses their market power to raise prices in the United States and get more money from consumers. Producers including Exxon Mobil, Suncor Energy, and Cenovus Energy could gain $4 billion more in annual revenue if prices rise as expected following the construction of Keystone XL. This would erase the cost advantage for Midwest refiners whose plants profited on cheaper oil supply, raising prices for consumers in the Midwest, and farmers are big consumers.

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Auntydem

Feb-10-14 9:18 AM

TransCanada initially said Keystone XL would create 20,000 jobs. But they admitted that number was based on a “one job-one year” measure - one person working for two consecutive years would be counted twice. Counting by “one job” TransCanada came up with 6,500 jobs. But the estimate also included projects already completed. Most of the steel for the pipeline has been purchased from India. Most of the work will be done by people already employed by TransCanada. Independent studies come in between 4,000 and 500 jobs. Only 11% of the construction jobs on the Keystone I pipeline in South Dakota were filled by workers from SD, and most of them for temporary, low-paying manual labor.

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Auntydem

Feb-10-14 9:15 AM

Trans-Canada's permit application says the pipeline is "expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.” That comes out to about 20 cents per gallon in the Midwest.

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