Stephen Harper rips Obama on Pipeline Stall

[Bloodshot Scott]

Obama alienates our friends to the north and prompts them to send their oil elsewhere.

an. 19 (Bloomberg) -- President Barack Obama's decision yesterday to reject a permit for TransCanada Corp.'s Keystone XL oil pipeline may prompt Canada to turn to China for oil exports.

Prime Minister Stephen Harper, in a telephone call yesterday, told Obama "Canada will continue to work to diversify its energy exports," according to details provided by Harper's office. Canadian Natural Resource Minister Joe Oliver said relying less on the U.S. would help strengthen the country's "financial security."

The "decision by the Obama administration underlines the importance of diversifying and expanding our markets, including the growing Asian market," Oliver told reporters in Ottawa.

Currently, 99 percent of Canada's crude exports go to the U.S., a figure that Harper wants to reduce in his bid to make Canada a "superpower" in global energy markets.

Canada accounts for more than 90 percent of all proven reserves outside the Organization of Petroleum Exporting Countries, according to data compiled in the BP Statistical Review of World Energy. Most of Canada's crude is produced from oil-sands deposits in the landlocked province of Alberta, where output is expected to double over the next eight years, according to the Canadian Association of Petroleum Producers.

"I am sure that if the oil sands production is not used in the United States, they will be used in other countries," Fatih Birol, chief economist at the International Energy Agency, said in an interview before a speech at Imperial College in London today.


'Profound Disappointment'


Harper "expressed his profound disappointment with the news," according to the statement, which added that Obama told Harper the rejection was not based on the project's merit and that the company is free to re-apply.

...

Continued: http://www.sfgate.com/cgi-bin/artic...19/bloomberg_articlesLY0NSM0D9L3501-LY284.DTL

Dumbass.

 

[Red Spyder]

Indeed

 

[Pattheprovo]

Wouldn't want to remove the military industrial complex's reasons for going to war.

 

[Sam Fisher]

Scott, and there is even more.

Jan 20, 2012

Brazilian Company Gets Air ***** Contract

You would think that at least aircraft for the US Air ***** could still be manufactured by American companies. But not with the first Post-American President at the helm:

Brazil’s Embraer won a contract to build counterinsurgency aircraft for the U.S. Air *****. Beating out U.S.-based Hawker Beechcraft, Embraer will provide America with 20 A-29 Super Tucano light ****** aircraft, as well as support services for missions, as part of the $355 million deal. …

Hawker Beechcraft, partially owned by Goldman Sachs, filed suit with the Court of Federal Claims, saying that it had been excluded from the bidding for the contract.

Haven’t they heard? Goldman Sachs is on the outs, despite the revolving door between it and the White House. With an election coming up, Comrade Obama has to distance himself from greedy capitalists.

 

[Bloodshot Scott]

What a fuckin' joke though, especially with the Hormuz situation.

Environmentalists harp on and on about environmental issues, but isn't exporting across the Pacific much more dangerous for the environment than keeping it on one continent?

Military industrial complex is intact, Pattheprovo.

 

[Doc Scurlock]

This was a stupid move. Canada and the US are buddies so why not have our oil? It is so illogical for the US to be importing oil from the Middle East where they're hated and where those oil profits are used to fund terrorists even though countries like Saudi Arabia may say otherwise.

As for the environmentalists they live in a fantasy world where cars and products are able to be sustained on good intentions. They think because they buy a Prius or some electrical vehicle that they're thumbing their noses at the oil industry when in reality a lot of what we use in daily life contains some form of oil byproduct. So, unless they plan to remove themselves from society and go live in a forest or something I'd suggest that they have a reality check because having a pipeline like this not happen doesn't help anybody especially as the US needs jobs and things get crazier in the Middle East.

 

[Jagger69]

This is a classic example of Obama selling out to the extreme elements that influence him and is one huge reason I find it distasteful to support him in the upcoming general election (ahem....hello, republican party....does anyone want this possible swing voter to vote republican? What? Oh....OK....I didn't think so ) . You have to weigh risk versus benefit....clearly the benefit outweighs the risk in this instance. I hope he changes his mind....a bad decision for the North American economy. Reminds me of the snail-darter decision....just dumb.

http://bgpappa.hubpages.com/hub/The-Story-Of-The-Snail-Darter

Scott, and there is even more.

Jan 20, 2012

Brazilian Company Gets Air ***** Contract

You would think that at least aircraft for the US Air ***** could still be manufactured by American companies. But not with the first Post-American President at the helm:

Brazil’s Embraer won a contract to build counterinsurgency aircraft for the U.S. Air *****. Beating out U.S.-based Hawker Beechcraft, Embraer will provide America with 20 A-29 Super Tucano light ****** aircraft, as well as support services for missions, as part of the $355 million deal. …

Hawker Beechcraft, partially owned by Goldman Sachs, filed suit with the Court of Federal Claims, saying that it had been excluded from the bidding for the contract.

Haven’t they heard? Goldman Sachs is on the outs, despite the revolving door between it and the White House. With an election coming up, Comrade Obama has to distance himself from greedy capitalists.

That's not totally accurate, Sam. American-based SNC is the primary contractor for this project in concert with Embraer so it's not like American companies are being written out of this deal. I am, however, intrigued about HB being ostracized from the bidding if true....WTF is up with that? :wtf: Stay tuned....

 

[Facetious]

Wouldn't want to remove the military industrial complex's reasons for going to war.

You keep China out of this... understand, Patty!




Seriously, it looks like obama is advancing his renewable energy scheme with this one.

 

[Straight Shooter]

This is a classic example of Obama selling out to the extreme elements that influence him and is one huge reason I find it distasteful to support him in the upcoming general election (ahem....hello, republican party....does anyone want this possible swing voter to vote republican? What? Oh....OK....I didn't think so ) . You have to weigh risk versus benefit....clearly the benefit outweighs the risk in this instance. I hope he changes his mind....a bad decision for the North American economy. Reminds me of the snail-darter decision....just dumb.

http://bgpappa.hubpages.com/hub/The-Story-Of-The-Snail-Darter

That's not totally accurate, Sam. American-based SNC is the primary contractor for this project in concert with Embraer so it's not like American companies are being written out of this deal. I am, however, intrigued about HB being ostracized from the bidding if true....WTF is up with that? :wtf: Stay tuned....

First of all, TransCanada's estimates of 20,000 jobs being created by the pipeline is total bullshit. The State Department calculated last year that the underground pipeline would add 5,000 to 6,000 U.S. jobs. One independent review of Keystone puts that number even lower, with the Cornell University Global Labor Institute finding that the pipeline would add only 500 to 1,400 temporary construction jobs. The authors of the September report also said that much of the new employment stemming from Keystone would be outside the U.S.

Second, Keystone XL is an export pipeline. Gulf Coast refiners plan to refine the cheap Canadian crude supplied by the pipeline into diesel and other products for export to Europe and Latin America. Proceeds from these exports are earned tax-free. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.

Third, TransCanada predicted that the Keystone I pipeline would see one spill in 7 years. In fact, there have been 12 spills in 1 year. The company was ordered to dig up 10 sections of pipe after government-ordered tests indicated that defective steel may have been used. KeystoneXL will use steel from the same Indian manufacturer.

Fourth, a rupture in the Keystone XL pipeline could cause a BP style oil spill in America’s heartland, over the source of fresh ******** water for 2 million people. NASA’s top climate scientist says that fully developing the tar sands in Canada would mean “essentially game over” for the climate.

Fifth, by draining Midwestern refineries of cheap Canadian crude into export-oriented refineries in the Gulf Coast, Keystone XL will actually increase the cost of gas for Americans.

 

[Facetious]

First of all, TransCanada's estimates of 20,000 jobs being created by the pipeline is total bullshit. The State Department calculated last year that the underground pipeline would add 5,000 to 6,000 U.S. jobs. One independent review of Keystone puts that number even lower, with the Cornell University Global Labor Institute finding that the pipeline would add only 500 to 1,400 temporary construction jobs. The authors of the September report also said that much of the new employment stemming from Keystone would be outside the U.S.

Of course the private sector business interest, TransCanada is lying to us... of course they are, it's a given and everybody knows it! You see, only the state department, Cornell University...:uhem: "Global Labor Institute" (sounds like a Soro's subsidiary/satellite/think tank) and some anonymous independent reviewer could be telling us the truth.

Biased much, lefty? :yesyes:

 

[ShikokuKichiguy]

Billions of jobs lost!

Environmentalists harp on and on about environmental issues, but isn't exporting across the Pacific much more dangerous for the environment than keeping it on one continent?

Huh?
11% of our oil comes from Canadia; 11% from Mexico; 9% Saudi Arabia; 8% Venezuela; 7% Nigeria; 4% Iraq; 8% from various; & 58% from USA

 

[PlasmaTwa2]

Good. The benefits from the pipeline have been greatly exaggerated. There was barely any benefits to Canada for this. If this pipeline was built, it would further increase our depencency on the States and give all the true benefits to the US and other countries. Canada doesn't have the proper facilities to refine the oil from Alberta, and so we sell it to the Americans and then buy the refined product back. We need to stop this and diversify our exports. The Northern Gateway pipeline is a much better option that will give us access to China and India, so we need to work on getting it done. After that, maybe we can think about the Keystone again.

 

[Straight Shooter]

Of course the private sector business interest, TransCanada is lying to us... of course they are, it's a given and everybody knows it! You see, only the state department, Cornell University...:uhem: "Global Labor Institute" (sounds like a Soro's subsidiary/satellite/think tank) and some anonymous independent reviewer could be telling us the truth.

Biased much, lefty? :yesyes:

If you do some research you'll find that it's not a Soros subsidiary. Someones is paranoid

And yes I'm gonna take TransCanada's report with a grain of salt. The number of 20,000 jobs came from a report done by TransCanada themselves, what do you think they're going to say?