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Spider Jerusalem

(21,786 posts)

16. Sure it is

Reply to Vincardog (Reply #15)

Wed Feb 22, 2012, 03:50 PM

Feb 2012

the price is determined by the prevailing world market price. 99% of Canada's exports are to the US, but some percentage of that is refined and re-exported as fuel. It's clearly on the world market. And you know, the fact that it's profitable to exploit tar sands is a result of the fact that we're at peak oil; all the easy to drill and refine oil has been gotten, if it hadn't been there'd be no margin in tar sands.

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We subsidize the oil companies and... [View all] SHRED Feb 2012 OP

and in the context of Keystone XL Pipeline... handmade34 Feb 2012 #1

We get the socialized environmental risk...they get the profits. Old and In the Way Feb 2012 #3

one of the most important handmade34 Feb 2012 #4

We should send Big Oil a bill every year for about 1/3 of the Defense Budget. Old and In the Way Feb 2012 #5

You'd think that little factoid would get mentioned in the popular media gratuitous Feb 2012 #17

They don't call themselve's CONservatives for nothing. Old and In the Way Feb 2012 #2

I'm sorry, but this just seems like basic economic ignorance Spider Jerusalem Feb 2012 #6

Then at least the US should be TAXING the oil as it "flows thru" Vincardog Feb 2012 #7

The refiners are already taxed. Spider Jerusalem Feb 2012 #8

So in your mind it is good that the only thing we get out of the deal is the Environmental Vincardog Feb 2012 #9

Oil's going to be refined anyway, like it or not Spider Jerusalem Feb 2012 #10

The toxic sludge that is going to come out of Canada spells the end of a livable world environment. Vincardog Feb 2012 #11

It won't decrease the amount available, for a start Spider Jerusalem Feb 2012 #12

I beg to differ. If the oil that is now refined and sold in the USA is exported to China it Vincardog Feb 2012 #13

It doesn't decrease the amount available. Spider Jerusalem Feb 2012 #14

The filthy oil sand is not on the world market now. The pipeline's purpose is to bring it to the Vincardog Feb 2012 #15

Sure it is Spider Jerusalem Feb 2012 #16