If the Keystone pipeline is approved, analysts are more interested in Canadian oil producers and...

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rjj1960 Comments (1027)
 
Put a rail stock in there like CP,CNI because they are going to have to move it all around Canada when the XL is turned down. What should of happened last year has turned into a nightmare for Canada, who by the way is just plain dumb to have 1 customer.
25 Jan, 11:13 AM Reply Like

bill d Comments (1698)
 
Nobody ever accused the Canadian gov't of being other than dumb.
25 Jan, 02:49 PM Reply Like

pketse Comments (9)
 
Agreed. Until critical infrastructure is in place, rails will be the only game in town.
25 Jan, 06:08 PM Reply Like

old boy2 Comments (7)
 
Politics is politics, and now it's post-election. Probably XL will go through.
25 Jan, 11:26 AM Reply Like

dunnhaupt Comments (156)
 
I am afraid this is wishful thinking on your part. Climate hawk Kerry just sold his entire holdings of $ 750.000 in SU. Would he have done that if he intends to approve Keystone?
25 Jan, 12:12 PM Reply Like

bill d Comments (1698)
 
No - but his friends might "appreciate" it - if you know what I mean.
25 Jan, 02:48 PM Reply Like

Freedtoo Comments (13)
 
You didn't have to listen too carefully to Obama inauguration speech to get a clear message that his views on "climate control" and "global warming" were at the top of his agenda and probably targeting XL and like projects. Also, Kerry, in his comments yesterday, was emphatic about "green energy" projects as being the future. These comments do not bode well for Canadian oil sands future. Incidentally, the only positive sign, ironically, is the sale buy Kerry's family of their shares of Suncor, which could avoid him having a conflict if he actually approves the pipeline.
25 Jan, 03:52 PM Reply Like

SoldHigh Comments (683)
 
Since Obama is having his ilk at the EPA (employment prevention agency) give Canada the finger, Canada needs to continue to route a pipeline within its own borders to get oil to the coast to sell it on the international market.

My humble apologies to the Canadians for the Americans poor decision to reelect anti-domestic energy Obama. His actions prove his energy policy is Arab Oil.
25 Jan, 12:01 PM Reply Like

JohntheOld Comments (130)
 
SoldHigh - canadians (native) are opposing the pacifc pipeline; but I would think the XL (north leg) gets approved soon now that Neb has signed off on it.
25 Jan, 12:20 PM Reply Like

maxrumble Comment (1)
 
If the government has the US interest, or environmental interest for that matter, at heart it would be absolutely insane to reject the pipeline and for that reason I believe it will get the green light. The bottom line is the oil will be sold one way or another.

For the environmentalists out there I ask what is the gain if more clean middle east oil is shipped to the US and more dirty Canadian oil is shipped to China? CO2 doesn't respect geographical boundaries and in the end there would be greater emissions for transportation plus the risk of a spill in the ocean is greater and more damaging than that of a leaky pipe.

Mr. Kerry divested himself of his stock to avoid any perception (what this is all about) of a conflict of interest. If he truly dumped the Suncor stock for environmental reasons why would he have owned at all? This is all about perception. Keystone will happen because rejecting it is absurd.
26 Jan, 01:38 AM Reply Like

Chaplain Matthew Comments (10)
 
Beyond being just plain rude to call our neighbors "dumb" [their budgets are balanced and their banks are solvent, etc], the Canadians also have the option of selling to Asia (mainly China, but others are also lining up). So, the "dumb" Canadians may have to wait another 24-36 months to start the oil flowing, but the US will ultimately rue the day we allowed our energy security to be transferred to China's resource base.
Regarding XL's environmental impacts, it's been hard for me to understand how one can (on the one hand) exaggerate the risks of pipeline skills,; underestimate our ability to mitigate these risks through engineering, oversight and enforcement; AND be blind to the aggregate spill risks of rail and motor vehicle transport.
Sooo <for what it's worth>, this pilgrim believes that the administration will find a way that displeases all parties while allowing the oil to flow.

And PLEASE, guys & gals, let's try a bit harder to be civil in our use of language.
28 Jan, 04:23 AM Reply Like

Uncle Pie Comments (1583)
 
It is astonishing that the environmentalists and some politicians demonize Canada's heavy oil, while we continue to import 900,000 bbls/day of the exact same stuff from Hugo Chavez's Venezuela, carried across the Caribbean and the Gulf of Mexico in foreign flagged tankers of unknown provenance, even as we give Canada the raspberry.
29 Jan, 08:06 AM Reply Like

pketse Comments (9)
 
Agreed Uncle Pie.

Even crazier yet is the trend of forcing USA refiners to adhere to stricter and stricter rediculous environmental standards.
Eventually refiners will determine that it is more advantageous to refine their products in countries with little or NO environmental oversight... no EPA, no DEP, no OSHA, no unions..... etc.

This NIMBY-ism mentality is flawed because we all live on the same planet.
I'd rather trust refining to the USA, who does it as cleanly as possible, even at great expense, ethically and most importantly SAFELY.
5 Feb, 04:38 PM Reply Like