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"US SAYS NO ISSUES WITH NEW OIL PIPELINE"
OIL AND GAS INDUSTRY NEWS ^ | 20 Apr. 2011 | staff

Posted on 04/20/2011 3:33:41 PM PDT by TheSentry

US SAYS NO ISSUES WITH NEW OIL PIPELINE
20 Apr 2011-US say no isues with new oil pipeline
proposed $7 billion 1900 mile pipieline would carry oil from Canada to Texas...

(Excerpt) Read more at oilandgas.einnews.com ...


TOPICS: Business/Economy; Miscellaneous; News/Current Events; US: Texas
KEYWORDS: energy; exploration; investment; news; oil; pipeline
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With this new oil delivery system from Cadada to a Texas oil refinery,
oil exploration stocks with holdings in Canada will undoubtedly rise in value.
This promose of a continous supply of oil to our refineries is good news.
Many resource exploration companies, like Indocan Resources Inc.(IDCN-OTC NASDAQ)
will benefit from this good news and are primed for a bounce-back in stock value.

1 posted on 04/20/2011 3:33:44 PM PDT by TheSentry
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To: TheSentry

Maybe the refinery should be moved closer to the oil.


2 posted on 04/20/2011 3:37:50 PM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: TheSentry

Will this be able to tap into the Wyoming, N Dakota finds?

Pray for America


3 posted on 04/20/2011 3:39:54 PM PDT by bray (Hey Oboehner stop crying and start fighting?)
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To: TheSentry

Link requires membership...


4 posted on 04/20/2011 3:40:10 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: DonaldC
The refineries processing heavy oil help Valenzuela. It doesn't hurt my feelings to see Chavez compete with Canadian oil.
5 posted on 04/20/2011 3:40:16 PM PDT by meatloaf
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To: DonaldC

Seriously. This was their best and most efficient way? I’m no engineer, maybe the costs of transport would have been too high, but seems like a long route.


6 posted on 04/20/2011 3:40:41 PM PDT by sappy
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To: TheSentry

Why do I think that there still will be some reason for the administration to put it on hold pending environmental impact or some other foolishness?


7 posted on 04/20/2011 3:44:42 PM PDT by jdsteel (I like the way the words "Palin for President" make progressives apoplectic.)
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To: jdsteel

You can bet that every mile will be contested in court by the enviroWackos. That is the only reason the US has no issues with the pipe line.


8 posted on 04/20/2011 3:48:18 PM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: TheSentry

I would suppose that this would help Harper in the upcoming election. I’m really surprised this is coming out at this time and not after the election. The Boy Genius probably diddn’t consider that.


9 posted on 04/20/2011 3:49:36 PM PDT by Parmenio
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To: DonaldC
Maybe the refinery should be moved closer to the oil.

And all those pipelines that carry refined gasoline, diesel, and natural gas out to every region of the country? Move those too?

10 posted on 04/20/2011 3:49:38 PM PDT by SeeSharp
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To: DonaldC
Maybe the refinery should be moved closer to the oil.

With no permits issued in over 30 years for a new refinery, it seems a pipleine to an existing refinery is the most timely solution.

11 posted on 04/20/2011 3:53:57 PM PDT by Balding_Eagle (Anyone attacking Trump as he decimates Obama isn't really a conservative.)
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To: sappy

Easier to build a pipeline than a refinery.

There hasn’t been a new refinery in the US in over 30 years. A 160,000 BBL a day refinery in the US has about 350 people. In India, with the same number of people, they can process ten times that amount of oil.

The likelihood of a refinery getting a permit to build here in the US is very small.

Let’s not even talk about the water required to build a new plant either. A facility processing 160,000 BBL/day needs about 3.5 million gallons per day.

A pipeline? To a state friendly to business and where most of our refineries are located anyway? More better.


12 posted on 04/20/2011 3:56:39 PM PDT by RinaseaofDs (Does beheading qualify as 'breaking my back', in the Jeffersonian sense of the expression?)
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To: RinaseaofDs

Wow. Thank you. That makes sense. I didn’t realize refining used so much water, either.


13 posted on 04/20/2011 4:01:29 PM PDT by sappy
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To: TheSentry

Texas has no problem with it, as long as EPA doesn’t shut down our refineries.


14 posted on 04/20/2011 4:16:28 PM PDT by smokingfrog ( sleep with one eye open ( <o> ---)
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To: TheSentry

I wonder how many of our own untapped oil fields that pipeline will travel over on the way to Texas?


15 posted on 04/20/2011 4:24:12 PM PDT by Never on my watch (WTF happened to my country?)
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To: smokingfrog
Texas has no problem with it, as long as EPA doesn’t shut down our refineries.

They're working on that right now.

16 posted on 04/20/2011 4:27:18 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: TheSentry

The land owners in E TX are a bit upset at the eminent domain requisition through their properties for this project. Maybe they could be promised discounted gas or something.


17 posted on 04/20/2011 4:39:51 PM PDT by Dudoight
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To: TheSentry

I like Canuks better than Saudis. Trust ‘em too.


18 posted on 04/20/2011 4:44:13 PM PDT by DManA
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To: DManA

They speak English, too.

Except when they say “aboot”.


19 posted on 04/20/2011 4:59:39 PM PDT by Ole Okie
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To: TheSentry

We need a 74-mile pipeline from ANWR to connect with the current Alaskan pipeline. 74 miles and drilling in a barren, cold, desolate, ugly, nothing area that doesn’t have a tree within hundreds of miles. One Prudhoe Bay worker told me that a 74-mile pipeline and ANWR wells would give us all the oil we need and we could tell the Saudi’s and others to keep theirs. We need to continually hammer our politicians with this.


20 posted on 04/20/2011 5:03:40 PM PDT by From The Deer Stand
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