Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Environment & Energy
Related: About this forumCrude Landlocked as Canadians Join U.S. to Halt Pipelines
http://www.bloomberg.com/news/2013-05-23/crude-landlocked-as-canadians-join-u-s-to-halt-pipelines.htmlBritish Columbia, the Canadian province whose official slogan to its own beauty is Super, Natural, is invoking another saying: No more supertankers.
Thats potentially big trouble in a nation where oil exports amount to $73 billion annually and the industry employs more than 550,000 workers. Its also a bad omen for nations, notably China, that have invested billions in Canadian oil projects with expectations that they will one day be able to buy vast quantities of heavy Canadian crude.
To do that means not just pumping it from the vast tar sands -- thought to hold as many as 170 billion barrels -- lying mainly to the east in the neighboring province of Alberta. It also means building pipelines to carry that heavy oil, known as bitumen, west to the coast. From there, fleets of supertankers will be needed to ship it across the Pacific to Asian markets that desperately want cheap oil.
Two such projects, representing about C$11.4 billion ($11.1 billion) in investments, are on the drawing boards. British Columbia, with its mountainous forests, national parks and salmon streams standing between the crude and the sea, wants no part of those pipelines -- nor does it want its scenic bays to be turned into supertanker terminals.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 1004 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (18)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Crude Landlocked as Canadians Join U.S. to Halt Pipelines (Original Post)
xchrom
May 2013
OP
BlueToTheBone
(3,747 posts)1. Kicking with joy! n/t
Socialistlemur
(770 posts)2. This will lead to more oil exports to the USA
I'm sure the USA will benefit because the Canadian crude will move south. Eventually we may see additional upgrading of the crude to ship it as a high quality light oil. It may also be shipped to the UK.. . .?
FogerRox
(13,211 posts)3. The tar sands largest selling product is syncrude.
The low sulfur sweet light syncrude is a good match for western WU refineries.
FogerRox
(13,211 posts)4. cant get to port without going thru First Nation lands
For the time being the Northern Gateway pipeline proposal is DOA.