China has been buying up Canadian oil companies right and left........
I don't think there have been that many oil companies sold to China though of course the oil market is available to outside investors, just as in any free market. American skittishness a big concern for producers..
PetroChina buys control of Canada oil sands project | Reuters
I think that so far, the Chinese have bought or bought controlling shares in a half dozen oil projects in Alberta.
Come on - it took the State of Nebraska the same amount of time to figure out the route itself was not good for them, and they STILL haven't made a final agreement (in writing) on what IS good for them. I mean, Really?, Nebraska couldn't look at a MAP and figure out rather quickly that there might be an issue with the route? :shrug:Right. They want more studies, despite this thing already being studied for years. If you don't mind spending the money you can study it for several generations.
Come on - it took the State of Nebraska the same amount of time to figure out the route itself was not good for them, and they STILL haven't made a final agreement (in writing) on what IS good for them. I mean, Really?, Nebraska couldn't look at a MAP and figure out rather quickly that there might be an issue with the route? :shrug:
And you do realize until Nebraska makes up it's mind that Uncle Sam is on hold? You can't study river crossings and other possible issues if you don't know where those are.
Edit:
At least someone is finally making some sense in this deal. I never could figure out with all the glut sitting in OK why they didn't start building there and go south instead of hanging everything on the northern leg. I mean, even if the rest of XL never gets built (doubtful) they'll still make money on the Cushing-to-Gulf section.
As has been quoted numerous times in this thread, Nebraska settled on a route after negotiations with TransCanada last November. Obama's state department is the only hold-up.
Obama will get hammered on this issue all summer as gas approaches $5 a gallon.
Do Americans still believe this will increase US supply?
Erroneously quoted you mean? Quoted then spun, folded, & mutilated?As has been quoted numerous times in this thread, Nebraska settled on a route after negotiations with TransCanada last November. Obama's state department is the only hold-up.
Let's recap that. In Nov 2011 Nebraska has finally approved legislation requiring TransCan to move Keystone XL. That isn't saying the new route has been proposed and approved, that is saying the old route is officially denied - you (TransCan) need to try again.His comments came after Nebraska state senators voted unanimously in favour of legislation requiring TransCanada to propose a new route for the 830,000 barrel per day pipeline that would run from Alberta to refineries on the Texas coast.
Six to nine months dating from Nov 2011 puts us somewhere in the May-Aug 2012 time-frame for Nebraska to finish it's end of this deal. What you saw in Jan 2012 was the GOP pushing their Republican Governor into making nebulous statements about Nebraska's current status with XL. Many people were fooled by the retoric but the bottom line is, there is no final, signed agreement between Nebraska and TransCanadian on the Keystone XL pipeline route and there won't be for several more months.The legislation authorizes Nebraska's Department of Environmental Quality to oversee the process - and to pay the estimated $2-million tab to study the impact of moving the pipeline.
TransCanada agreed to the main details of the bill last week.
State Senator Chris Lange-meier, who chairs Nebraska's natural resources committee, said he is confident Keystone XL's new environmental impact study can be completed within the next six to nine months.
Erroneously quoted you mean? Quoted then spun, folded, & mutilated?
Gov. Heineman News: Gov. Heineman: Pipeline Re-Routing is Nebraska Common SensenGov. Heineman: Pipeline Re-Routing is Nebraska Common Sense
(Lincoln, Neb.) Gov. Dave Heineman today at a media availability made the following comments regarding recent developments of the Keystone XL Pipeline:
November 15, 2011, 4:00 p.m. CT
“Just a few days ago, I said that the U.S. Department of State decision to undertake an “in-depth assessment of potential alternative routes” was an opportunity for a common sense solution. Today, we stand here having reached a common sense solution.”
“While there have been a number of factors that have brought us to this point, the catalyst for this extraordinary series of events was the calling of the Special Session. For months, Nebraskans have been clear about our position on the pipeline - we support the pipeline. However, we’re opposed to a route through the environmentally sensitive Sand Hills. Citizens voiced their opinions at public hearings in Atkinson and Lincoln and at the Legislature’s three public hearings. Through our persistence and determination, the State Department heard our concerns. Additionally, TransCanada has heard our concerns and has voluntarily agreed to change the route.”
Read more: Nebraska signs oil-pipeline billNebraska's governor signed legislation Tuesday to reroute the controversial Keystone XL oilsands pipeline out of the state's environmentally fragile Sand-hills region, wrapping up a deal TransCanada Corp. hopes will speed U.S. approval of the $7-billion project.
I'm involved in the tourism business in Costa Rica and it seems the Chinese certainly have their fingers in a lot of pies.
A.M. Costa Rica: Third newspage
Right. They want more studies, despite this thing already being studied for years. If you don't mind spending the money you can study it for several generations.
Though this has been studied since 2008, route changes and several other issues have forced new study before approval by the U.S.State dept. The Republicans tried to get the President to bypass federal law by pushing him to ignore State Dept. authority...basically they tried to play hard ball, and lost.
I was just in Costa Rica last week. Our driver pointed out a huge new soccer stadium in San Jose that he said was paid for by the Chinese. He said the locals had no idea why the Chinese would give them such a big gift, but they were sure there was a catch somewhere.
I didn't accuse the Governor of lying, I accused other people of misinterpreting exactly what he said. In case you haven't noticed, politicians are particularly good at making "Go to Hell" sound like an invite to an upper class dance.Erroneous, spun, mutilated ???? So now you are accusing the Governor of Nebraska of lying ??? Talk about spinning...........
Gov. Heineman News: Gov. Heineman: Pipeline Re-Routing is Nebraska Common Sensen
Yes, folks! We made a milestone today because TransCan agrees that their original routing is unacceptable to Nebraska and they will move it!!!Additionally, TransCanada has heard our concerns and has voluntarily agreed to change the route.
Yes, they resolved that the pipeline was no longer going to go through the Sand Hills area. They did NOT resolve where exactly it was going, just that it wasn't going THERE.And from your own link:
Read more: Nebraska signs oil-pipeline bill
The issue was routing of the pipeline through the sensitive Sand Hills area over the Ogallala aquifer. That issue has been resolved.
What lie is that? That a final Keystone XL route has not yet been approved by anyone? (not Nebraska and as far as I know not TransCan) It's easy enough to prove me wrong - just show me the documentation because I haven't seen it yet.YOU are the one mutilating the truth with your lies.
Did you visit Arenal Volcano?
Though this has been studied since 2008, route changes and several other issues have forced new study before approval by the U.S.State dept. The Republicans tried to get the President to bypass federal law by pushing him to ignore State Dept. authority...basically they tried to play hard ball, and lost.
This really isnt a team sport of Republican versus Democrat. It is what's best for America and its future.
There are varying opinions on Obama's decision and I happen to think it's a bad one. I could just as easily be wrong. Canada couldn't have better neighbours than the United States and I hope nothing happens to change that, but there are murmurings of discontent.
Pipeline politics: Misguided Obama blocks Keystone pipeline - chicagotribune.com
Grant said:Right. They want more studies, despite this thing already being studied for years. If you don't mind spending the money you can study it for several generations.
Dateline...Thu Nov 10, 2011 3:59pm EST
The United States said on Thursday it will study a new route for the Keystone XL Canada-to-Texas oil pipeline.
I agree...this should not be a game. However, in this case it is quite obvious the Republicans WERE indeed playing, and fumbled.
Okay, so if they fumbled was that good for America or bad for America?
Though this has been studied since 2008, route changes and several other issues have forced new study before approval by the U.S.State dept. The Republicans tried to get the President to bypass federal law by pushing him to ignore State Dept. authority...basically they tried to play hard ball, and lost.
And they'll try it again. Even now House Republicans are trying include the KeystoneXL pipeline in a transportation bill. It's like the President is dealing with kids; how many times does he need to say "NO" before they get the hint?
Frankly, I wish he'd just explain to the American people what he real hang-ups are with the pipeline, i.e., safety, environmental impact, social issues such as imminent domain, oil ownership-rights (how much will the U.S. get to keep) and the real permanent jobs number estimates. I think once the people are faced with the truth, this pipleline project will either get revamped accordingly or scrapped altogether.
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