How Keystone Pipeline will lower gas prices

[FogerRox]

3. Both Vancouver and Port Arthur/Houston have supertanker

loading facilities proposed. From Houston they can easily ship to the Western EU, 100's of miles less than Mid East oil shipped by supertanker, (cant go thru the Suez) around the Cape of Good Hope (Africa). Supertankers loaded in Vancouver can ship to Asia, which again would be 100's of miles shorter than Mid East oil shipped to Asia. Remember that the Panama and Suez canals cannot handle large tankers. The routes I describe avoid both these canals, giving the Tar Sands Partners a better margin than ME oil.

SO pipielines from ALberta to both coasts gives the Albert Tar Sands partners acess to Asian and EU markets, with shorter shipping routes than mid East oil.

Though, I would guess youre wrong about any contracts at this time. But thats not the point, being to ship 3 or 4 million barrels a day to markets where you have a advantage in shippings costs compared to ME oil, is a huge incentive.