Report: Canada Pledges to Sell Oil to Asia After Obama Rejects Keystone Pipeline

This would actually result in more greenhouse gas emissions (i.e., from the tanker transport) — for those who are actually worried about that sort of thing.

Bloomberg reports,

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…

Read the entire Bloomberg report.

4 thoughts on “Report: Canada Pledges to Sell Oil to Asia After Obama Rejects Keystone Pipeline”

  1. First, envoros killed refining oil sands oil by BP in Gary IN for use in the midwest. Then they attacked the pipeline by claiming the oil was unusable in the US and had to be exported. In a nutshell: Your responses to our attacks prove you’re criminal.

  2. The Keystone pipeline looks like a good deal on paper. Fact is, the US hasn’t built a new refinery in over 20 years. Who’s gonna refine this stuff? Remember when Clinton opened the US Strategic Oil Reserve to lower gas prices? We couldn’t refine it, so it was all sold to the Germans. The only reasonable justification is that Keystone oil will replace stuff from the Saudis, etc. Oops, there goes our ‘mutual friendship’ with the Saudis, etc., leaving tiny Israel as our only real friend in the botched-up region. At least there’s no risk with cutting off Cesar Chavez, he was never a friend anyhow. Canada is better off selling oil to China. The US is a bad customer, and will be, until we get rid of the EPA. How realistic is that? Not even Ron Paul could push it through, unless he could shut it down with a ‘Presidential Mandate’, which was the mechanism used to create the EPA in the first place.

  3. Paul could shut-down ANYTHING based on an Executive Order., because he’s pledged to eliminate all Executive orders. Being against “Executive orders”, Paul may not START a measure that would help, but at least he could get the EPA off of our backs. With the Clintons owning/influencing the Spanish firm that’s going to COUNT…/TABULATE.. USA votes, what makes you THINK ANY Republican can EVER now win? Are you DREAMING?!

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