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There are a number if pipelines between the US and Canada. Keystone obviously would have had the largest capacity by a lot.
That leaves Alberta with a backlog that they will need to move by rail or cutback production - Biden’s main goal here.
China is sitting back waiting for Trudeau to get desperate. Then they will send their tankers to load up at below market price or they will pass. Alberta oil companies operating in the Oilsands will have to start laying off employees.
And to top it off, Beijing won’t buy a drop from Canada until the woman who is the CFO at Huawei, who is under house arrest in Vancouver, is sent back on Trudeau’s personal jet - yesterday.
Here is how this will play out.
There are a number if pipelines between the US and Canada. Keystone obviously would have had the largest capacity by a lot.
That leaves Alberta with a backlog that they will need to move by rail or cutback production - Biden’s main goal here.
China is sitting back waiting for Trudeau to get desperate. Then they will send their tankers to load up at below market price or they will pass. Alberta oil companies operating in the Oilsands will have to start laying off employees.
And to top it off, Beijing won’t buy a drop from Canada until the woman who is the CFO at Huawei, who is under house arrest in Vancouver, is sent back on Trudeau’s personal jet - yesterday.
Sounds like a "Godfather" play ... and completely plausible!
With Biden playing Fredo, and Trudeau playing Sonny. Remember both got whacked in the movie.
The ONLY other country competing for Keystone oil is China. If Biden cancels the pipeline, he'll be leaving them all the spoils!
Buffet owns the trains that will transport the oil to the west coast tankers.
That may be, but Buffet/ Gates/ Biden are all on the same team. This isn't about money!
McConnell's wife's family is in shipping business.
HE AINT GONNA DO SHIT BECAUSE HES NOT GOING TO BE INAUGURATED!
China buy that pipeline? Bullshit!
Why the he'll would be cancel that pipeline? That is insane. Doesn't anyone have to approve that?
China will the buy the Canadian oil the pipeline is meant for. Try and keep up! 🙄
Did you not watch the debates. He literally said he was shutting down the oil and gas industry. Absolutely insane.