Vasoline Spirit - a mainstream Dem when it comes to the oil industry:
Dems to Canada - Sell your stinking oil to someone else:
Democrats Now Threatening Oil Exploration in Other Countries, Too
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Rick George, chief executive of Suncor, says of production from the oil sands: "If the U. S. doesn't take it, then we will develop other markets."
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Yesterday, Mr. Obama vowed to break America's addiction to "dirty, dwindling and dangerously expensive" oil if elected U. S. president -- and he said one of his first targets may well be imports from Canada's oil sands. A senior advisor to Obama's campaign said it's an "open question" whether Alberta's oil sands fit with Obama's vision for shifting the U. S. dramatically away from carbon-intensive fuels.
The moves follow the adoption in December by the U. S. federal government of a law that bans federal procurement of alternative fuels that generate more greenhouse gases than "conventional sources," which could include oil from the oil sands.
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Canada's oil is now exported almost exclusively to the United States because it's dependent on the reach of pipelines. Of the 2.7 million barrels produced daily, 1.6 million is sold to Americans and 15,000 to 25,000 goes to non-U. S. markets, through a Kinder Morgan Energy Partners oil pipeline from Alberta to the West Coast.
That picture could soon change.
The sector is looking at reversing Enbridge Inc.'s Line 9, which would allow Western Canadian oil to move all the way to Montreal, and then from there move on another pipeline to the East coast, where it could be loaded on tankers for sale offshore. Because the pipelines are already built, it's estimated it would take barely a year to reverse the flow of the oil and open that new option.
Message 24709422
SI's Vasoline Spirit - believe it or not a friend and associate of various Democrat Party bigwigs - lays out the Democratic position on energy:
Message 24702151
Message 24697060
Message 24699811 |
