tag:blogger.com,1999:blog-6301381579162645249.post1580603126759531483..comments2023-05-07T04:16:40.175-06:00Comments on Oil Sand Box: Could oilsands crude be shipped in the Atlantic sooner than the Pacific?ADShttp://www.blogger.com/profile/00860058255151741355noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6301381579162645249.post-65406824689117526492013-06-02T18:55:29.263-06:002013-06-02T18:55:29.263-06:00They don't need approval or permits to transpo...They don't need approval or permits to transport oil via rail to Kitimat or Vancouver. The same goes for the Atlantic or Gulf coast. <br /><br />BC officially opposed the Northern Gateway on Friday, but is supporting Mr Black's Kitimat refinery/pipeline plan. It sounds like the First Nations might even join him, since they can't stop rail shipments and he's apparently offering substantial equity stakes in the pipeline. With $25 billion in loans being offered by China and the ability to leverage cheap Asian labor for modular construction (being on the coast), this option is looking like a contender. <br /><br />On another note, if any of the proposed pipeline options can make it to a Canadian port, then we are better off. The bigger problem is what do we do if we can only make it to US tide water? That's the case with this Montreal-Portland pipeline, Keystone expansion and the Seaway line connecting Cushing to the Gulf. They seem like good solutions to relieve the glut in oil at the Cushing Hub and therefore Alberta. A bit of an overlooked problem is you can't export crude from the US and the Jones act makes it incredibly difficult to ship crude oil domestically via tanker. This makes connecting to Canadian tide water in substantial volumes all the more important, unless the US makes some legislative changes.<br /><br />Lets hope the Transmountain, Northern Gateway and TransCanada's main line conversion to oil all go ahead. The sad thing is, that even if every proposed pipeline is built, there still won't be enough capacity for every proposed oil sands project, let alone any growth in conventional/tight oil production in the WCSB. Unfortunately there are always going to be losers (Sunshine, Connacher, Alberta Oilsands?).Anonymousnoreply@blogger.com