Super. Canadian Prime Minister meeting with China about selling their oil

posted at 3:30 pm on January 15, 2012 by Jazz Shaw

I’ve lost count of how many times I’ve reported on the delicate balance between Canada and the United States when it comes to energy supplies and the politics of petroleum here at home. As recently as last month, Ed was sounding the warning bells, noting that Canada has plenty of buyers for their oil and, while they would far prefer to do business with us, their patience is not limitless. And now, the Prime Minister of Canada is scheduling a few new meetings, which could indicate that he’s simply lost faith in Obama’s ability or intention to deliver.

Canada is now looking to Asian countries to market its abundance of oil, natural gas and minerals as plans to build the proposed Keystone XL pipeline have stalled with the U.S. administration.

Prime Minister Stephen Harper will travel to China next month to discuss selling Canada’s bounty to the rapidly growing nation.

The preferred initial plan was to build the $7 billion Keystone pipeline to deliver Alberta’s oilsands crude to refineries in Texas on the Gulf of Mexico.

Harper reasoned that the U.S. government would prefer to deal with a friendly neighbor to help meet its energy needs while creating thousands of jobs.

With widespread opposition by U.S. environmentalists, the Obama administration has delayed its decision on whether to approve the project proposed by energy giant TransCanada Pipelines.

The new plan would market to China and Asian countries through the proposed Northern Gateway pipeline that would transport Alberta’s oil and natural gas to British Columbia for shipment by tankers.

Environmentalists’ concerns about the Gateway project, proposed by Enbridge, are being reviewed at National Energy Board hearings under way in Kitimat, British Columbia.

This doesn’t mean that all is lost… yet. Harper would be foolish indeed not to keep all of his options open in terms of making the best economic deal for his nation, and there’s no indication that he’s going to ink some definitive deal on this first trip. Also, this could be a calculated move to shake up Obama a bit and possibly spur him to quicker action. Plus, both pipelines face significant challenges in getting them built, so we’ll be afforded a bit more time, as the Northern Gateway isn’t going to just leap into existence overnight.

But that doesn’t mean we have forever. China has money to spend and a voracious appetite for oil. If they manage to get a direct tap established from Canada to their tankers, that ship will have sailed. Literally.


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To all the whining morons who say they will vote for One-bama if Romney is the candidate: this story is why reelecting One-bama would be so disastrous for our beloved country and it illustrates exactly why you are morons.

NickDeringer on January 15, 2012 at 3:36 PM

What if they saying that they will vote/write-in someone else? Or are you flat out saying that a non-vote for Romney is a vote for Oboobi?

Maybe we’re saying that any ‘moron’ voting for Mittens is voting for the status quo: rising spending, deeper debt, increased nannyism etc.

Just because all the other lemmings are rushing off the cliff doesn’t mean I have to do so as well You do know that not all lemmings take the plunge, otherwise where would the next generation come from?

Anyhoo, if you want to waste your vote on a joke of “electability” it is your sovereign right. Oh, btw, you ain’t doing Mittwit any favors by calling non-supporters names. If you want to win some of us over, you need to talk up his pros and acknowledge his cons and demonstrate how the balance tips in his favor. I’m just not seeing it. From where I sit, Bain is a millstone, not a crowning achievement.

To get back on target, I’m trying to figure out how Mittwit wouldn’t be wishy-washy on Excel Pipeline? Afterall, he’s pushed for all kinds of green solutions, ethanol etc. Faced with the pushback that Oboobi is getting from the enviro-nuts, how would Mittness be any different? Please reconcile Mittness’ past with this oil quandry.

AH_C on January 15, 2012 at 5:36 PM

/For those in Rio Linda, dhingies are made of rubber. Like Obama.

Except when they’re not.

Another Drew on January 15, 2012 at 5:37 PM

GerryM51:
Yes oil is a commodity. If the biggest user (us) buys a bunch of it through a pipeline from Canada (no trans-oceanic shipping) that in itself drives prices down. Not the same if it ships to China.

wb-33777 on January 15, 2012 at 5:37 PM

Romney would stop it too!

Obama’s trolls told me so!

profitsbeard on January 15, 2012 at 5:43 PM

keep the change on January 15, 2012 at 4:33 PM

There is no “Republican” Party; there is the Grand Old Party!

And, the previous commenter was correct in that the left/right divide in the Spanish Civil War was between the Left (most famously the Comintern, and the fellow-traveller American Left that joined the “Lincoln Brigade”) that supported the Spanish Republic (Republicans), and the Right (Monarchy) which was spearheaded by the forces of Francisco Franco (the Falange/Fascists), and internationally supported by the German National Socialist Workers Party.

Another Drew on January 15, 2012 at 5:48 PM

FYI, this fellow is head of Shaw Group which may well get contracts to build delayed petroleum coker units (necessary to refine Canadian Syncrude) in China.
http://newsmeat.com/fec/bystate_detail.php?city=BATON+ROUGE&st=LA&last=bernhard&first=james

Kermit on January 15, 2012 at 5:50 PM

Thanks for nothing, Obummer you commie. No wonder you think Hu Jintao’s job is great.

Philly on January 15, 2012 at 5:51 PM

I wish I could share your confidence in the November election…

climbnjump on January 15, 2012 at 5:32 PM

Let’s put it this way: the precarious position that our government has purposefully placed us in will either be turned back after January, 2013 or it will be indelibly chiseled into granite, never to be undone.

The reelection of Barack Obama will be the death knell of the Republic. It will collapse under the weight of the debt and deficit accumulated during his first administration, the stranglehold that he has upon industry, the class warfare that he has fomented, and the utter contempt that he holds for the Constitution of the United States.

And I know that I am not the only person that thinks this way – you will correctly note that there was a certain kind of Constititionally protected instrument of self defense that has been selling like there is no tomorrow.

Because people are beginning to realize that there might not be a tomorrow for the United States if Obama is not thrown out of office, if not thrown in jail, for what he is done.

The Chinese have a saying: may you live in interesting times. It is not wishing the other well, it is a condemnation. The progressives have rhetorically trained that saying at those of us who cherish our nation as originally constituted.

We believe in God, as the well spring of our inalienable rights, rights that no government has the power to usurp. We believe in the sanctity of the individual to be free to live his life as he sees fit, unencumbered by the fiats of a far away power that is acting outside of its authority.

Conservatism is not hard to understand. It is based upon conducting government according to the principles handed down by the Founders.

turfmann on January 15, 2012 at 5:51 PM

Canadian Prime Minister meeting with China about selling their oil

Obama’s dreams are coming true!

But depriving America of abundant cheap energy will leave Obama a one term President if the establishment Republicans can move off of their Democrat-lite choice for our presidential nominee.

RJL on January 15, 2012 at 5:51 PM

I’d vote for Obama over Romney.

I’ve said it before and I’ll say it again:

Barack Obama has done more for the conservative movement in the last 3 years than Romney has done since he was old enough to enter politics.

mintycrys on January 15, 2012 at 5:52 PM

My take is if the GOPer’s in Congress wanted to do something they would.

bgibbs1000 on January 15, 2012 at 3:42 PM

The Republicans don’t control the Senate, despite what Hairless Reid wants you to believe.

Del Dolemonte on January 15, 2012 at 5:52 PM

For all the enviro-nitwits, leftist libtards, dhimmicraps, and the like, here in Nebraska…

THANKS, YOU FRIGGIN IDIOTS!

This pipeline would have created a multitude of needed jobs here in Nebraska, and boosted our local and national economy, but….NNNNNNOOOOO!!!!!!

It ‘might’ endanger our environment.

YOU LOSERS!

Gothguy on January 15, 2012 at 5:52 PM

On a related note, which wasn’t reported on HOTGAS, I mean goodnews be damned, EPA struck down objections to shell drilling in Alaska this week. I’ve been searching for this bit of news desperately on drudge and here but alas to no avail…

residentblue on January 15, 2012 at 3:49 PM

You need to search better. I found that story in 3 seconds.

ANCHORAGE, Alaska (AP) — Royal Dutch Shell’s quest to drill exploratory wells in Arctic waters has received a boost with the affirmation that its federal air permits for the Chukchi Sea were properly granted.

The EPA Appeals Board on Thursday rejected challenges to the air permits brought by Alaska Native and conservation groups.

Shell Alaska spokesman Curtis Smith said in a formal announcement that the decision means Shell, for the first time, has usable air permits that will allow its drill ship, the Noble Discoverer, to work in the outer continental shelf off Alaska’s northwest coast in 2012.

Del Dolemonte on January 15, 2012 at 5:55 PM

AH_C on January 15, 2012 at 5:36 PM

Speaking of name calling, have you read your own post?

And, yes, if you’re not voting for the GOP nominee, you are de facto voting for the president. If he gets re-elected, no whining from you.

As an Albertan, let me say this: it’s not dirty oil, it’s oily dirt.

landshark on January 15, 2012 at 5:57 PM

Where are the “Republicans” in Congress?

It is amazing that Obama seems to be unopposed in any of his objectives.

CrazyGene on January 15, 2012 at 3:34 PM

What he said.

Cleombrotus on January 15, 2012 at 6:00 PM

platypus on January 15, 2012 at 4:46 PM

Thanks platypus, I knew that but I was curious why residentblue didn’t, just looking to further confuse it/he/she. I guess keepthechange didn’t think much of Lincoln’s Cooper Union Speech. I’m still not sure what it/he/she ‘s comment had to do with 0 sabotaging our energy interest at every opportunity. But since it seemed off thread I thought I would probe a little. As far as your second point on China and reliance, I would still rather build in our own hemisphere the infrastructure, and keep or create some jobs here.

Bmore on January 15, 2012 at 6:02 PM

FYI, this fellow is head of Shaw Group which may well get contracts to build delayed petroleum coker units (necessary to refine Canadian Syncrude) in China.
http://newsmeat.com/fec/bystate_detail.php?city=BATON+ROUGE&st=LA&last=bernhard&first=james

Kermit on January 15, 2012 at 5:50 PM

Whoa…I did not know that.
The plot sickens !!
BTW, I thought that Obama was motivated by a certain heiress and her profits to oppose Keystone XL

burrata on January 15, 2012 at 6:05 PM

Hilarious. The one-thing Romney does which would gain the approval of Ayn Rand and her ideas of free-market capitalism, gets the Paulbots all in a tizzy of loathing.

Omigod — you mean Mitt ACTUALLY made money by… using capitalism to kill the bad and support the good. How outre!

What’s also funny is how liberals worship at the feet of DARWIN — except when it come to EVERYTHING about the logic of his theories in action.

Jack Bauer on January 15, 2012 at 6:09 PM

They’re capitalists up north.

aquaviva on January 15, 2012 at 6:11 PM

What part of “I will make electicity rates necessarily skyrocket” do you not understand?

The man has said everything he said he’d do.

/Shockah.

Key West Reader on January 15, 2012 at 6:12 PM

You’ll have green energy.

I’ll pass gas.

/Obama

Key West Reader on January 15, 2012 at 6:13 PM

I’ve said it before and I’ll say it again:

Barack Obama has done more for the conservative movement in the last 3 years than Romney has done since he was old enough to enter politics.

mintycrys on January 15, 2012 at 5:52 PM

On this we agree!

ccrosby on January 15, 2012 at 6:13 PM

What’s also funny is how liberals worship at the feet of DARWIN — except when it come to EVERYTHING about the logic of his theories in action.

Jack Bauer on January 15, 2012 at 6:09 PM

That’s because Darwin formulated a theory that contradicts religion and we hate religion–but his theories aren’t socially conscious and i-i-i-i

OPERATION FAILED.

restart program?
y/n

mintycrys on January 15, 2012 at 6:15 PM

Just give us one more year Canada! We`ll get ourselves back on track with a new pro-American POTUS.

ThePrez on January 15, 2012 at 3:34 PM

If you think we are going to fall for that one you’ve got a screw loose. The repubican party is doing it’s level best to lose the election, even before having a nominee. Why should we wait when the writing is on the wall? If Prime Minister Harper is taking the step of going to China to negotiate a deal then you can be sure it is because any deal with the US is toast. Maybe he knows something you all don’t? Namely that you are destined to 4 more years in the wilderness. I honestly believe the republican party is deliberately seeking to lose the election because they have no ideas as to how to fix the economy and are just playing for time and hoping there is still a country left by 2016.

TrueNorthist on January 15, 2012 at 6:17 PM

The Eco-Psychos strike again.

$30/gal gasoline, here we come.

Mr Galt on January 15, 2012 at 6:19 PM

I honestly believe the republican party is deliberately seeking to lose the election because they have no ideas as to how to fix the economy and are just playing for time and hoping there is still a country left by 2016.

Then you know nothing about the nature of power.

Mr Galt on January 15, 2012 at 6:20 PM

no doubt someone on this thread has mentioned that the Saudis and chi-coms are sharing the costs of a refinery in SA that will produce 400K bbl/day

the chi-coms don’t have to worry about the half-wit eco-freaks and the people who feel ever so guilty about white man’s greed running a world in need…sheer poetry Jeremiah…barry loved that line

r keller on January 15, 2012 at 6:22 PM

Does anybody know why they call him dumbass?

tarpon on January 15, 2012 at 6:30 PM

– you will correctly note that there was a certain kind of Constititionally protected instrument of self defense that has been selling like there is no tomorrow.

turfmann on January 15, 2012 at 5:51 PM

Well, while you’re busy gearing up – so are they.

http://www.wnd.com/2011/04/292025/

Cleombrotus on January 15, 2012 at 6:32 PM

burrata on January 15, 2012 at 6:05 PM

Problem is that pundits and public think that all crude is equal and can be used by any refinery. That shows a complete lack of understanding about the refining process. Canadian Syncrude, via Keystone XL, would replace the Venezuelan crude NOT other crude oils, except maybe the not yet flowing in abundance Brazilian Santos Basin Crude.

Kermit on January 15, 2012 at 6:32 PM

What most people fail to realize is that the vast majority of refineries in the U.S. are presently incapable of refining Canadian Syncrude economically. It is HEAVY crude, akin to Venezuelan crude.

You pundits and posters really don’t know much about crude oil and refining.

Kermit on January 15, 2012 at 5:17 PM

Perhaps if we get Obama out of office and a republican legislature we can begin the process of reclaiming America. One step down that path would be to be able to build new refineries.

GaltBlvnAtty on January 15, 2012 at 6:51 PM

MJBrutus on January 15, 2012 at 6:18 PM

True, but you forget that the ten amendments were informed by the ten commandments.

Cleombrotus on January 15, 2012 at 6:53 PM

how the heck did that cross thread happen?

Cleombrotus on January 15, 2012 at 6:55 PM

There is no “Republican” Party; there is the Grand Old Party!

It was started by Lincoln as the “republican party”. The GOP is a nickname.

And with reference to the spanish civil war, you agree then that the the Spanish republicans were on the left. And as I explained, there was a good reason for that.

keep the change on January 15, 2012 at 7:06 PM

GaltBlvnAtty on January 15, 2012 at 6:51 PM

All we need is for Keystone XL to be completed to kick Venezuelan crude to the curb.

We also need a pipeline to bring Bakken crude to market.

Kermit on January 15, 2012 at 7:14 PM

It was started by Lincoln as the “republican party”. The GOP is a nickname.

And with reference to the spanish civil war, you agree then that the the Spanish republicans were on the left. And as I explained, there was a good reason for that.

keep the change on January 15, 2012 at 7:06 PM

They were once known as the Whigs. I carried an old Civil War Bible since I was 18 and recently delivered it to its rightful owners. It was owned by a General in the Civil War who served under Lincoln. Had family entries, etc. Very interesting.

But, bottom line is that the Whigs preceded the GOP.

Key West Reader on January 15, 2012 at 7:15 PM

GaltBlvnAtty on January 15, 2012 at 6:51 PM

It’s not new refineries but new process units/reconfigurations needed for Canadian. Most would do quite well on crude oils like those coming from shale production like that coming from Bakken, Eagle Ford & soon to be Tuscaloosa Marine Shale in Louisiana.

The point that I made earlier is that different refineries are configured to process different types of crude oil. Not all refineries are configured for maximum gasoline/diesel production. I can name two right off the top of my head that are operated for maximum production of feedstock for ethylene cracking units.

Kermit on January 15, 2012 at 7:19 PM

Kermit on January 15, 2012 at 7:19 PM

So, no need for or benefit to our economy from any new refineries?

GaltBlvnAtty on January 15, 2012 at 7:48 PM

keep the change on January 15, 2012 at 4:33 PM

keep the change is playing semantic games.

keep the changes conflates “conservative” with hide-bound opposition to any change; in doing so keep the change subscribes to the European and left-wing definition of conservative as reactionary.

This definition is incorrect, and does not encompass the individualist nature of North American conservatism (perhaps better termed “libertarianism” in the most general sense), which was born in rebellion against the established monarchical systems of Europe. Therefore, arguing that the GOP was not founded as a conservative party because it opposed the institution of slavery is incorrect.

“Republic” refers to a state governed by adherence to a set of shared principles as the highest authority; whether those laws favor individualism and free enterprise, as they did here, or statism, as they did in the Spanish Republic of the early 1930s, is up to the people who establish that republic. Beyond this very basic similarity, the Spanish “Republicans” shared nothing with the US “Republican” Party in terms of their ideology and principles.

By keep the change’s logic, Chris Paul is a good basketball player, and Ron Paul’s last name is also Paul; therefore, Ron Paul must also be a good basketball player, because they share the same name.

MidniteRambler on January 15, 2012 at 7:52 PM

Afterall, this is the same website, pundits and posters who missed quite a bit during the Macondo Spill in 2010. Lots of false reports here.

BTW, there were Dutch (Netherlands Antilles flag for tax reasons) ships with Dutch open ocean skimmers out in the international waters around the spill. The skimmers were rigged onto the ships managed by Dockwise ( http://www.dockwise.com )at Gulf Marine and Copper’s Galveston, TX shipyard.

Kermit on January 15, 2012 at 7:56 PM

Obama achieving results for his Chinese employers. Who said he’s inefficient?

Archivarix on January 15, 2012 at 8:38 PM

GaltBlvnAtty on January 15, 2012 at 7:48 PM

More important than new refineries is a revitalized petrochemical industry. Shale gas is much more key to that than refining, especially wet gas which contains NGL (natural gas liquids) such as ethane, propane, butane, etc…

It would be nice to stop importing fertilizer (50% of what we use) from Egypt, Ukraine, Trinidad and Venezuela. It would be nice to stop importing 100% of the methanol we use.

Thanks to Clinton’s Energy Policy, all of the methanol plants were demolished or dismantled and shipped to China, Pakistan and other countries. (not only fueled by natural gas but methane is the feedstock as well). Ken Lay and Enron never had it so good as during the Clinton years.

Kermit on January 15, 2012 at 10:37 PM

Archivarix on January 15, 2012 at 8:38 PM

It’s his Venezuelan and Brazilian overlords on this one, not Chinese.

Kermit on January 16, 2012 at 12:12 AM

It’s like Carter’s grain embargo against the USSR where grain traders did not have to “transship” grain from the U.S. but instead just shipped grain from Brazil and Argentina and replace the lost grain with grain from the U.S. It only served to make the then 5 major grain companies money and lower price to farmers here in the U.S.

So instead of transporting heavy crude via pipeline from Canada, we continue to import from Venezuela and begin importing newly flowing crude from Brazil’s offshore Santos Basin, and allow Canada to ship heavy crude to China. Ship owners will love such an arrangement.

Looks like he is catering to the Greek shipowners as well.

Kermit on January 16, 2012 at 12:17 AM

Obama “hates” the USA. He’s been trained since birth to hate “the white man”. He’s hell bent on destroying the USA, because, it matters not to him. He has enough money stashed away to live ANYWHERE in the world. Once he burns the USA down, he can live quite comfortably anywhere he wishes.

p51d007 on January 16, 2012 at 12:24 AM

The U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration reports that they are responsible for America’s 2.3 million miles of natural gas and hazardous liquid transportation pipelines.

PHMSA web site

Objections to the Keystone XL pipeline are not based on anything that makes sense.

Jasper61 on January 16, 2012 at 12:34 AM

So we in Canada ship our oil to China in tankers, while America continues to buy oil from terrorist supporters in the middle east, also shipping the oil in giant tankers which occasionally spill (as opposed to a spill from a pipeline, which can be contained in moments and cleansed in a couple of hours with a backhoe).

What a great victory for the environmentalists.

Johnny 100 Pesos on January 16, 2012 at 1:18 AM

That pipeline to the West Coast might be a while, though.

We are holding hearings on the subject. Some bureaucrat decided to open the hearings to anyone who wanted to sign up. Thousands did, including some cartoon characters and a lady in Brazil who, when contacted, was surprised because she had never even heard of the pipeline. Many signed up after the deadline, but were scheduled to testify anyways. This same courtesy was not extended to proponents of the pipeline.

Because of this, these hearings are scheduled to last at least a year.

Meanwhile, one of our cabinet ministers decried foreign funded radical environmentalist groups (by foreign, he means that they are funded by billionaires in the US – Tides foundation is just one of these foreign groups seeking to unduly influence Canadian policy).

Johnny 100 Pesos on January 16, 2012 at 1:31 AM

One might also read this as Harper giving the GOP an election gift.

matthewbit07 on January 16, 2012 at 3:20 AM

And they don’t have Obama and the environuts
Electrongod on January 15, 2012 at 3:37 PM

Yes, the environuts were all shot during the Cultural Revolution!

Another Drew on January 15, 2012 at 5:31 PM

The environuts are in truth fascist agitators out to bring down capitalism they weren’t shot during the Cultural Revolution they were doing the shooting.

Slowburn on January 16, 2012 at 3:53 AM

Canad will ink a deal with China to guarantee oil to China in exchange for China partially subsidizing the cost of the pipeline to BC. This, in combination with gas hitting $4.50/gallon this Summer will sink Obama’s re-election chances.

olesparkie on January 16, 2012 at 6:47 AM

Thanks to Obongo the Lame and feckless Repub’s unwilling to fight him, the Canadian’s have no choice but to parlay with the Chi-Com’s!

Once more the Ruling Class screws America!

insidiator on January 16, 2012 at 8:36 AM

I guess the environmental extremists will be elated that this oil will be floating across the pristine Pacific to China ……. what idiots.

SC.Charlie on January 16, 2012 at 8:42 AM

So, there aren’t any Canadian environmentalists? Or, are there and their PM ignores them unlike our illustrious Precedent?

Imagine if they built that pipeline and X% of oil was sold to China anyway…shades of the Alaskan pipeline.

The oil belongs to those that put up the capital needed to harvest the oil and they are free to sell to whomever they like. Dumping a heck of a lot of oil into American refineries for American consumption would make little economic sense as that would drive down prices and thus their profit.

I don’t like it, either, but if we’re going to tout the principles of free market enterprise, then we Conservatives should do so consistently.

If we demand that companies only sell to American markets, then that’s mercantalism/socialism.

Dr. ZhivBlago on January 16, 2012 at 9:00 AM

Obama doesn’t care if Canada sells the oil to China. He may have already worked out that deal with the Chicoms himself. 2nd, can’t the PM wait another 10 months until we can get rid of the organizer in chief.

Kissmygrits on January 16, 2012 at 9:07 AM

That’s alright, Obama will re-instate Pedro Huntsman as Ambassador to China to enlighten them and straighten this all out for us! LOL

Bob in VA on January 16, 2012 at 9:38 AM

The Canadian government can see as well as anyone else that the U.S. is likely to have Romney (aka Obama lite) as the candidate to run against the our Dear Leader. This will ensure an Obama victory and the probable cancellation of the Keystone project. Meanwhile, the Chinese will offer to pay for the construction of a pipeline from Alberta to a port on the Pacific in exchange for 100% of that part of the production destined for exportation.

Annar on January 16, 2012 at 9:49 AM

I’ve lost count of how many times I’ve reported on the delicate balance between Canada and the United States when it comes to energy supplies and the politics of petroleum here at home.

Thank you for these reports; I’ve found them very interesting.

Whether Republicans win this November or not, it would be foolish for Canada to continue to keep putting all its eggs into the US basket.

As we Canadians have seen over the last decade, the US can really mess things up for us. From softwood lumber to a mortgage collapse to a President playing politics, depending almost exclusively on the US for our economic well-being isn’t a good idea.

If you want to buy our oil, we’ll sell it to you. But since others also want it, we have to try to meet that demand too.

Robin Banks on January 16, 2012 at 9:55 AM

Johnny 100 Pesos on January 16, 2012 at 1:31 AM

There already is a pipeline to the Vancouver Area rated at 300,000 bbls per day. Tracing that right of way with a larger pipeline would not be that difficult.

Kermit on January 16, 2012 at 11:53 AM

For all the enviro-nitwits, leftist libtards, dhimmicraps, and the like, here in Nebraska…

THANKS, YOU FRIGGIN IDIOTS!

This pipeline would have created a multitude of needed jobs here in Nebraska, and boosted our local and national economy, but….NNNNNNOOOOO!!!!!!

It ‘might’ endanger our environment.

YOU LOSERS!

Gothguy on January 15, 2012 at 5:52 PM

A few weeks back, BOLD Nebraska (the main sect of Nebraskan eco-nazis) said that now that they had gotten the current path through the Sand Hills off the table, their next goal was to make certain the pipeline never comes through Nebraska at all no matter what other concessions are made. They seem to be thinking that if they block the pipeline through Nebraska, the Canadians will just give up shale oil drilling altoghether rather than understanding that the Canadians will continue drilling and sell it to whoever wants to buy it.

catsandbooks on January 16, 2012 at 12:05 PM

Robin Banks:

As we Canadians have seen over the last decade, the US can really mess things up for us. From softwood lumber to a mortgage collapse to a President playing politics, depending almost exclusively on the US for our economic well-being isn’t a good idea.

Yes. Much to the US’s detriment, Obummer has demonstrated that no one in the world can any longer depend on America holding a position or friendship longer than the current president’s term.

catsandbooks on January 16, 2012 at 12:11 PM

I mean what would you expect…

Meanwhile, the cost of oil is going through the roof.

http://oilandenergyinvestor.com/2012/01/watch-it-now-kent-discusses-a-high-stakes-game-in-iranian-oil/

$150 A BARREL in less than 72 hours? What are we doing to stop them?

Washington Fancy on January 16, 2012 at 1:28 PM

Washington Fancy on January 16, 2012 at 1:28 PM

It is at $100 per bbl http://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

North Sea Brent’s futures are $110 per bbl.

the main reason that the price will rise if Straits of Hormuz are blocked is because Japan China and S. Korea will have to look for oil on the open market as their Iranian sources will not be accessible.

Kermit on January 16, 2012 at 4:57 PM

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