Showing posts with label Canadian oil. Show all posts
Showing posts with label Canadian oil. Show all posts

Friday, August 26, 2011

CANADA AND THE U.S. HAVE MORE OIL THAN YOU COULD EVER IMAGINE - MIDDLE EAST OIL IS NO LONGER NEEDED!


Help Bring Canadian Oil to American Refineries  

The situation in the Middle East -- highly volatile, complex, dangerous, and on-going for centuries -- should be impetus enough for Americans to want to completely extricate themselves from any Middle East oil dependency, not to mention Mexican and Venezuelan oil. There is a private Canadian company, TransCanada Corporation, that has applied for licenses and permits to bring oil from rich Canadian reserves to refineries in Texas via a new state-of-the-art pipeline with technologically new safety enhancements. The Keystone Project XL would be a boon to America’s crude oil imports, as the plan is to send 700,000 barrels-per-day (and up to 830,000 bpd if pumping capacity is increased) south to Texas refineries. However, it’s going to be up to the State Department to recommend an appropriate action to the President, as the pipeline crosses the border between Canada and the United States. Then, the project would either be approved or denied by the President alone via an executive order.