In other words, even if the KXL pipeline were approved it would be a number of years before it would be carrying sludge oil to Houston for refining for export ot China and elsewhere. Therefore absolutely no help to this year’s gasoline prices, or to US oil supply for our own use later.
At the time Keystone was stopped, it was about 8 months from operation. That means, approximently, it would have been operational by September 2021.
You would have been receiving an additional 900,000 barrels/day for about 10 months so far.
At the time Keystone was stopped, it was about 8 months from operation. That means, approximently, it would have been operational by September 2021.
You would have been receiving an additional 900,000 barrels/day for about 10 months so far.
Since it would the US first, the US would have had first dibs on it before it went on the world market.
Figure this out, if green energy works, why is Germany panicking about being cut off by Russia? They went whole hog into green energy. They should be laughing about $140/barrel oil.