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View Diary: So Much for "No Drama Obama" Climate Speech? (45 comments)

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  •  other oil insiders are not so sure though . . . (3+ / 0-)
    Recommended by:
    cotterperson, AoT, ivote2004

     A 2012 Canadian Association of Petroleum Producer's assessment cited in the Think Progress article below called “Crude Oil Forecast, Markets, & Pipelines” (no link) concluded that tar sands production will double between 2020 and 2030, unless KXL and the other trans-Canadian pipelines are not built.  Otherwise, tar sands oil production would increase by 54 per cent to 2.5 million barrels per day as of 2020 and then remain relatively flat.

     It may be too and it stands to reason that KXL is the only realistic option because costs and then delays associated with alternatives to XL (truck and rail e.g.) which taken together may so alter the economics as to eventually make it infeasible to even bring the sands-produced oil to market

     See   http://thinkprogress.org/...

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