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<blockquote data-quote="Migrator Man" data-source="post: 297663" data-attributes="member: 2369"><p>The Midwest refineries are about tapped out on heavy crude. The goal now is to reach new untapped markets with Canadian heavy crude ( both coasts and the gulf). This will displace foreign crudes so I am ok with that. The reason they want more to the gulf is so they can increase their production as the operators up there have had to cut production because there is limited pipeline space. This is part of why this crude is discounted just like Bakken is. Keystone XL fixes this issue.</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p></p><p></p><p>Russia, Iran, Saudi Arabia, and all other OPEC members would LOVE it if Keystone XL wasn’t built.</p><p></p><p>I’m also still wondering how this country’s appetite for asphalt is going to be fulfilled without heavy oil refining? Light oil doesn’t produce enough asphalt to fulfill our needs. Are we going to just use concrete? This country cannot be competitive if our energy is much more expensive. If oil is ever replaced there are going to be many common feedstocks that will need to find new expensive sources. We can’t make everything out of damn hemp!</p></blockquote><p></p>
[QUOTE="Migrator Man, post: 297663, member: 2369"] The Midwest refineries are about tapped out on heavy crude. The goal now is to reach new untapped markets with Canadian heavy crude ( both coasts and the gulf). This will displace foreign crudes so I am ok with that. The reason they want more to the gulf is so they can increase their production as the operators up there have had to cut production because there is limited pipeline space. This is part of why this crude is discounted just like Bakken is. Keystone XL fixes this issue. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] Russia, Iran, Saudi Arabia, and all other OPEC members would LOVE it if Keystone XL wasn’t built. I’m also still wondering how this country’s appetite for asphalt is going to be fulfilled without heavy oil refining? Light oil doesn’t produce enough asphalt to fulfill our needs. Are we going to just use concrete? This country cannot be competitive if our energy is much more expensive. If oil is ever replaced there are going to be many common feedstocks that will need to find new expensive sources. We can’t make everything out of damn hemp! [/QUOTE]
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