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Tuesday, March 5, 2013

Load This On Your MP3 and Listen To It On the Way to Work: The Keystone Decision is Political

Well, duh.

But having said that, it's a nice review of the Canadian oil sands and the Keystone. Lots of trivia, most of which has been posted on the Million Dollar Way, but some new trivia.

Mentions Enbridge and Enterprise and the Seaway, but doesn't mention so many other pipeline projects (new projects and reversals).

Some random data points from the 8-minute audio:

Half of the nation's refining capacity is along the Texas-Louisiana gulf. These refiners require heavy oil.

Both Mexican and Venezuelan oil is declining.

TransCanada has a natural gas pipeline that runs east-west across Canada; it runs at half capacity; TransCanada considering converting that natural gas pipeline to an oil pipeline. He is probably talking about TransCanada's Canadian Mainline:
  • 14,101 km (8,762 mi.). 
  • Extends from the Alberta/Saskatchewan border east to the Québec/Vermont border and connects with other natural gas pipelines in Canada and the U.S. 

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