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In reply to the discussion: Bill Moyers: Why are the contents of the TPP being deliberately kept from the American people? [View all]jtuck004
(15,882 posts)22. Keystone XL delay won’t stop Canada’s oil sands growth: RBC
...
Shipping crude by rail would pick up any slack from a failed Keystone, the analysts said in a report released late Tuesday. If Keystone is not approved, some 300,000 barrels of oil a day in oil sands growth could be deferred for later years, but not stopped.
Spending at the oil sands is likely to peak in 2016 at $29.7 billion if the pipeline, which is part of a system connecting the tar sands output to refineries in the Gulf of Mexico, is built; or $27.9 billion by the same year if Keystone is not approved.
Financing is the biggest challenge for the oil sands, which, by the way, the RBC analysts want you to stop thinking of as marginal barrel.
Canada produces 1.8 million barrels a day of oil from the tar sands more than half the nations daily production.
...
Here.
People seem to be under the impression that if a pipeline isn't built this won't be economically feasible, yet it is already happening. (The train that burned up the people in the tavern in Canada was part of it).
To push the stuff, thick and gooey, through a pipeline requires a liquefying agent which costs $100 a barrel. They can just load it in a train car and it's ready to go. So while the profits may be decreased a little, there is still a lot of money to be made. And it is being made now.
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Bill Moyers: Why are the contents of the TPP being deliberately kept from the American people? [View all]
marmar
Nov 2013
OP
"There would be no need to keep it so secret if it was in the interest of the public." Exactly.
liberal_at_heart
Nov 2013
#4
That's an interesting conclusion. If it would mean more power and profit down the road I could
liberal_at_heart
Nov 2013
#8
I have absolutely no pipeline experience - and was just stating Econ 102 from decades ago! nt
karynnj
Nov 2013
#98
Why cant they have both? Dont tell me someone is worried about the reaction of the "crazy left". nm
rhett o rick
Nov 2013
#88
“There would be no reason to keep it so secret if it was in the interest of the public.”
ctsnowman
Nov 2013
#15
We going to need a bigger, longer bus. There's no room left with so many under it.
madfloridian
Nov 2013
#18
K&R. I have been talking this up to people, most really don't like being kept in the dark. n/t
jtuck004
Nov 2013
#21
If the TPP was in the interest of the American people there would be no reason
Enthusiast
Nov 2013
#23
That's why imo the only thing voters can do right now is draft a candidate...
polichick
Nov 2013
#60
I'm sure there will be plenty of little prizes to hand out to the critters. nt
adirondacker
Nov 2013
#37
We need more Snowdens and Mannings to let us know what "our" gov't is doing.
Tierra_y_Libertad
Nov 2013
#63
The Oligarchs, Billionaires And Millionaires Own And Control The Politicians That Own And Control Us
cantbeserious
Nov 2013
#94