Despite all the noise, energy analysts predict the Keystone XL oil pipeline from Alberta will still be built. But that doesn’t mean we won’t be shipping oil from B.C. some day.
There sure is a lot of gas being emanated over oil delivery these days.
Most of this comes about because of the U.S. government’s “shocking” decision to put off approval for the Keystone XL pipeline that would carry Alberta tar sands oil to the U.S. gulf coast where all the refining capacity is.
Anyone who thinks it’s shocking that U.S. President Barack Obama decided to put off the pipeline hearings until after the next election must be living deep in some oil well somewhere. The man is clinging to the presidency by his fingernails and doesn’t need an oil pipeline controversy further killing any chance for re-election in 2012.
But Obama’s decision did raise hopes that the oil would instead be piped to the B.C. deep-water port in Kitimat for shipping to Asia, which wants that oil to power its growth economies
Whether it’s shipped to the US or Asia – or maybe both – it seems inevitable that shipped it will be. Hope someone’s watching out for the pristine northern environment.