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View Diary: Obama's decision on northern leg of Keystone XL pipeline could fuel November's mid-term elections (210 comments)

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  •  But Oliver also stated (1+ / 0-)
    Recommended by:
    Roadbed Guy

    In a statement, Mr. Oliver did not address questions about the apparent change in the government analysis of the pipeline’s effect on oil sands production. But, he said: “We agree with the U.S. State Department that should Keystone XL not be approved, alternative modes of transporting natural resources, including rail, would likely deliver the crude intended for the Keystone XL market.”

    The black shit is going to reach salt water no matter what. There has been too much money already invested in the upstream and downstream operations to stop this. There is no political will and the citizens demand cheap gasoline and a houseful of plastic junk.

    2 million barrels per day is about 2 1/2 Keystone XL pipelines.

    North American Rail Car Market
    Crude Oil by Rail
    Jan. 2013


    Of the 11,021 railcars ordered during the 4th quarter, 6,839 were tank cars, raising the number of backlogged units to 48,206. It is estimated that the number of tank cars ordered for moving petroleum crude and expected to be delivered by the end of 2014 will be enough to move 2 million barrels of oil per day, almost three times what is currently being extracted from the Bakken Shale Rock Formation. Many of these cars are also being used to move oil from the Canadian Oil Sands and are equipped with heating coils for that viscous crude, but the exact number is not known. As for railroad carloads, 2M bpd equals almost 1M carloads per year, more than replacing the traffic that has recently been lost in the coal sector.

    •  The simplest explanation is that the (1+ / 0-)
      Recommended by:
      Claudius Bombarnac

      Harper Government is in the pocket of the pipeline owners / operators (e..g, Koch Brother types) and therefore make such statements.

      IOW, the statements reflect political posturing, not "on the ground" reality.

      And yes, there are three huge factories right now pumping out rail cars for moving crude, which is good insofar as it might allow some of the older, flawed design cars to be retired - but that doesn't seem to be happening, they're all being used for NEW capacity.

      •  It is not only the pipeline operators. (0+ / 0-)

        All the huge multinational oil companies have stakes in both the upstream and downstream production processes and they have invested 100's of billions of dollars in the last decade. They are determined to get a payoff by bringing their product to their refineries.

        Entities such as the Koch Brothers and Warren Buffet have stakes in all three - upstream, midstream and downstream.

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