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 This is brilliant
Own your own future!
www.bloomberg.com
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There are winners and losers in life. Looks like Canada chooses to be a winner. The U.S. looks to be a loser.
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jonheck
10-Oct-14, 03:33
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deadofknight
If I recall there were and possibly still are legal challenges to phase 4 of the project. Note: phase 1,2 & 3 are in place and I believe operating. A piece of this issues is that Canada also wants to market their oil to other markets and phase 4 improved on their ability to do that. Gulf area refineries and ports naturally want phase 4 but those up north would rather not have the pipe line crossing their property.
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jon
The problem with the pipeline up-North is that it causes an economic boom-town during construction and then dies.
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Jon
The Canada oil is great for Texas, but to say "Just a few years back, America desperately wanted that oil" is a bit overboard because virtually ALL Canadian oil product is being exported.
Better to say: "The Oil Industry desperately wanted (a piece of) that oil (money).
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