Wednesday, March 29, 2017

Connecting The Dots -- Keystone, Canadian Oil Sands, Heavy Oil, Light Oil -- March 28, 2017

I track the Keystone XL milestones here.

I'm not going to look for it now, but some time ago I posted a rather nice commentary about the rise and fall of the Keystone XL pipeline. Once the final chapter / epilogue is written, it will be obvious how and why this all unfolded.

I don't have the energy to go through it again, but when piecing the pieces together, these are themes to keep in mind, in chronological order:
  • heavy oil, light oil
  • US refining 
  • US dependence on the Mideast
  • what the Saudis realized when the Canadian oil sands were becoming front page news
  • how the Bakken revolution interrupted the Keystone XL story, but was always a peripheral player
  • how the Bakken sustained collateral damage due to the Keystone XL
  • why the Keystone is "bad" for the Bakken
I had started putting this post in draft a few days ago. It was purely coincidental that RBN Energy also had back-to-back blogs on the same issue over the past couple of days.

Connecting the dots:
This will also help, showed up on Twitter, March 30, 2017:

A Map That Needs Updating

From Pipeline101.

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