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Trans-Canada has withdrawn is permit application with the U.S. State Department.
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There goes the entire republican economic plan.
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Oh no!
Now how will Canada get their tar sands to gulf coast refineries?
Maybe the existing pipeline?
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Rongone wrote:
Oh no!
Now how will Canada get their tar sands to gulf coast refineries?
Maybe the existing pipeline?
Yeah, NPR did a report on this on Morning Edition and there are currently 2 million barrels a day of tar sands oil coming through the U.S. from Canada.
Additionally, they reported that there is a major likelihood that the flow of tar sands oil will slow to a trickle as current oil prices make it not cost effective to extract oil from the tar sands.
Perhaps surprisingly, there was still the issue of how they were going to route the Keystone pipeline through Nebraska. I thought that issue had been settled, so just a reminder that even if the U.S. State Department had granted they permit, Nebraska would have still held it up.