"Completely wrong. The market price of oil isn't driven by WHO we buy it from, it's driven by the amount of oil on the market. If Canada sold its tar sand oil to China, it will still have the same effect of increasing supply and lowering the price of oil worldwide."
you have no idea how markets work. Supply and Demand isn't the only thing that takes into account. Ever heard of diplomacy?
The Asian nations have been asking for our oil for $20 MORE then what we currently sell to the US, but we refuse them, cause we like the US more...
Influence in the market isn't just based on money (though it is a huge factor).
"For example (from the Wash. Post), uprising in Libya set the global oil price up 30% last year and the price of Canadian oil went up 55% at the same time. It's overly simplistic to assume that buying from Canada would be a cheaper and less subject to market fluctuations."
Again the supply of oil isn't the only factor that takes account into price. Demand is just as big. When Libya crashed, people were scared (regardless of how justified the fear is, it was still there) that there would be a shortage of oil, as a result they were willing to pay more for oil and the price on the global market went up.
As you said, the price of oil went up 30% cause of Libya, yet Libya produces less then 2% of the worlds oil.
Also the Canadians are selling America unrefined oil, while most of America's imports are refined oil, unrefined is a lot cheaper.
THE REASON I AM AGAINST KEYSTONE: If we refine the oil in Canada we could get 100% of the profits, all of the jobs etc. etc. rather then out sources them to America. Also by building new refineries (rather then keeping the old ones) they will naturally be more up to date and be following tighter environmental regulation making them, if only slightly, better for the environment.
It is an alternative that gives the most jobs and money to Canada and is more environmentally friendly then keystone.
"If it is US companies in Alberta (I may be going there to do some business with the electric folks there, Fortis Alberta, later this year, but I gigress)... Any how, if it is US companies up there, why not dismantle and ship up what is usable from the refineries not used here and reassemble up there? I know the whole refinery can't be moved as it's a freaking building/series of buildings, but surely much of the equipment could be. It would give a boost to Canada's jobs/economy as it would be Canadian's working those refineries; it would make the environmentalists feel much happier as we could then truck or rail ship refined fuels across the border into the US; and it would reduce the US dependence on middle-eastern oil."
I 100% support this.
"Draug, having our refineries in Texas near the coast is actually much more efficient because it's in closer proximity to oil tankers that are needed to ship the oil. Moving the refineries to Alberta (the middle of North America) would be incredibly inefficient because then you either need the pipeline even more, which is politically untenable, or you need to truck it all to the Gulf. Not to mention that moving our refineries to a foreign country isn't conducive to reducing our dependence on foreign oil."
Canada already has the infrastructure to get refined oil out of the country (and we are building the Northern Gateway, another pipeline to the west coast). It would actually be cheaper then having the refineries in America, but Canada, not America gets the jobs and profits off of the refined oil.
"Trade routes...Canada already has good access to both oceans, including access down into the Great Lakes, and decent ports on each coast. Developing a port in the northern parts of Canada would require far more infrastructure than it would be worth. It would benefit Russia, who has some northern seasonal ports near Norway, much more."
voluntary trade creates wealth. That is the 5th law taught in macroneconomics. Also we have no access to 1 of our 3 oceans bordering us, soon we will. That is what I am saying.
http://www.economist.com/node/21530079
"As for more land, quite a bit of northern Canada is the exposed Canadian Shield, which would make for the most awful farmland imaginable. Most of northern Ontario up into Nunavut is like that, and further west, you hit the Rockies."
The Canadian Shield only covers Eastern Canada, you'll find central Canada (Alberta and Saskatchewan, which already is where most of our agriculture is from) benefit.
"Just to name a few recent ones. Not to mention the Exxon Valdez spill wouldn't have occurred if the pipeline hadn't been built."
So you support the pipeline?
"The 20000 jobs estimate refers to “person-years” of employment — a single job that lasts two years is counted twice. The GLI report, using TransCanada’s own data, finds just 2,500 to 4,650 jobs will be created. And according to the State Department, the pipeline would provide only 20 permanent jobs."
Poor, poor economic reasoning...
Any investment in infrastructure creates mostly temporary jobs (once construction is finished, so are they). Yet both history and economics has taught us that the best way to spur the economy is investments in infrastructure, even if they are only temporary jobs.
"2ndWhiteLine....what a poor set of examples. Where all of them local disasters? Yes. The Gulf is now thriving, Alaska recoverd, etc etc etc. As I said, you people THRIVE on hysteria. In 50 years, the same morons will be bitching about how we have too much toxic waste from electric vehcile batteries...(by the way, "Electric cars" are really "COAL-POWERED cars...morons...)"
The biggest problem with the energy industry is honestly government intervention. Why are we so reliant on oil and coal? The answer is government subsidies. Oil and Coal were originally (and alongside nuclear still are) the cheapest forms of energy (minus externalities), yet the American government spends ~125 billion dollars subsidizing those industries. If we got rid of the government subsidies on oil and coal, renewable resources will be able to compete and the free market will determine which is the best form of energy.
@Draug: Fossil fuels account for 84% of the energy consumer by the states. So if you are using an electric car, yeah its probably powered by coal.
I don't support the coal industry, but I know its there and I know its powerful.
http://www.eia.gov/cneaf/solar.renewables/page/trends/table1.html