Canada Says Its Oil Could Replace US Imports Of Russian Crude, All It Would Take Is Approval Of The Keystone XL Pipeline

[seminole97]

Canada’s oil could replace American imports of Russian crude, the top officials of the oil-producing province Alberta said this weekend.

As talks about banning Russian oil imports in the United States and its European allies intensify, reports have started to emerge that the U.S. Administration could be looking to persuade Saudi Arabia to pump more oil or lift some sanctions on Venezuela to help fill the gap that a Russian oil embargo would open.

On Sunday, U.S. Secretary of State Antony Blinken said that the United States and its European allies were in “very active discussions” about banning the import of Russian oil over Putin’s war in Ukraine.

Even without sanctions on Russian oil, some of the biggest U.S. importers of Russian crude oil have started suspending their purchases of the commodity.

Canada has long pitched its crude as one that is not produced in rogue government regimes such as Venezuela, Iran, or Russia, and Alberta’s top officials now say that its crude could be the answer to more supply from allied nations to the United States.

Retweeting Elon Musk’s comments that “we need to increase oil & gas output immediately,” Alberta’s Energy Minister Sonya Savage said on Saturday:

“Agreed. And it should come from Alberta, home of the 3rd largest oil reserves. Alberta is the answer to US Energy security. Real emissions reductions, reliable, right next door.”

Alberta’s Premier Jason Kenney said that he and Savage would be attending the CERAWeek conference in Houston this week, where “We will be meeting with decision-makers to secure access to markets, attract job-creating investment to our province, and argue for Canadian energy to displace Russian conflict oil.”

Kenney also said that Alberta would be delighted to welcome a visit from U.S. President Joe Biden, as one reportedly being considered to Saudi Arabia.

Kenney noted that in a visit by President Biden to Alberta “We could discuss how to ship nearly 1 million barrels of day of responsibly produced energy every day from the USA’s closest friend and ally! All it would take is his approval for Keystone XL. Easy.”

 

[The Tradition]

Slow Joe ain't got time for dat!

 

[BelemNole]

Does that mean they won’t produce the oil if we don’t approve the pipeline? Sounds like extortion.

 

[The Tradition]

Does that mean they won’t produce the oil if we don’t approve the pipeline? Sounds like extortion.

Well... they can't bring it in via truck because of the vaccine mandates.

Perhaps you've heard about that controversy?

 

[BelemNole]

Well... they can't bring it in via truck because of the vaccine mandates.

Perhaps you've heard about that controversy?

They can’t? We won’t vaccinate truckers?

 

[The Tradition]

They can’t? We won’t vaccinate truckers?

No, we can't vaccinate truckers because they won't take the jab.

Unless you want to go full-out dictator on their asses, the pipeline is the way to go.

 

[BelemNole]

No, we can't vaccinate truckers because they won't take the jab.

Unless you want to go full-out dictator on their asses, the pipeline is the way to go.

Oh. Ao they can be vaccinated. So you didn’t have a valid point at all.

As usual.

 

[Whatsgoingonwitgyouguys0190]

Pipeline isn’t built and shouldn’t be. Fvck em

 

[hawkiniowacity]

How does an extension to the gulf increase supply coming from Canada? Sounds more like they're saying "let us build this pipeline extension to the Gulf so we can ship to overseas market far cheaper and we will increase production".

I believe there is a word for this......

 

[mustang_hawk]

Pipeline isn’t built and shouldn’t be. Fvck em

I suppose they could build a pipeline across their own country to the ocean to ship it out. Maybe they don’t want to sell it that bad?

 

[ping72]

So they’ll stop sending sh!tty crude through it and start supplying something we actually use in our country?

 

[seminole97]

How does an extension to the gulf increase supply coming from Canada? .

Because that’s what much of the refining capacity is located.
Not very conspiratorial, but reality can be boring too.

 

[hawkeyetraveler]

Instead of bitching about the pipeline (which I am ambivalent on) we should be aggressively expanding the number of nuclear power plants. This is far and away the best path towards energy independence, a great solution for EV expansion, and the clear bridge to at scale green energy solutions.

 

[seminole97]

I suppose they could build a pipeline across their own country to the ocean to ship it out. Maybe they don’t want to sell it that bad?

They have, and with the cancellation of Keystone XL they are looking to increase capacity. It’s called the Trans Mountain pipeline.

In 2013, the National Energy Board received a request from Kinder Morgan to expand the pipeline with a second span, built roughly parallel to the existing pipeline. The project would expand its capacity from 300,000 barrels per day (48,000 m3/d) a day to 890,000 barrels per day (141,000 m3/d).

 

[OrlandNole]

This is a multi-generational solution to a years long problem.

 

[SA_Hawk]

Does that mean they won’t produce the oil if we don’t approve the pipeline? Sounds like extortion.

Canada's backup plan is to build the pipeline west to Vancouver and sell/ship to China since we apparently don't want it and like high gas prices.

 

[SA_Hawk]

Instead of bitching about the pipeline (which I am ambivalent on) we should be aggressively expanding the number of nuclear power plants. This is far and away the best path towards energy independence, a great solution for EV expansion, and the clear bridge to at scale green energy solutions.

I completely agree but this won't make a certain political parties friends rich with so called green projects.

 

[gohawks50]

 

[BigDelHawk]

The fact that biden is reaching out to Venezuela for crude is ridiculous. I would far rather have him reverse his stances on domestic production. He is an idiot?

can our refineries even still crack that high sulphur crude from Venezuela? I think they were all converted?

Biden administration is a train wreck.

 

[Gaslightprime]

 

[Menace Sockeyes]

Well... they can't bring it in via truck because of the vaccine mandates.

Perhaps you've heard about that controversy?

They can’t? We won’t vaccinate truckers?

Just when you think Trad can’t say anything dumber. 🤣

 

[tarheelbybirth]

Canada's backup plan is to build the pipeline west to Vancouver and sell/ship to China since we apparently don't want it and like high gas prices.

*sigh* Oil is fungible. It's a world-wide commodity. Whether Canada sells it here or to China doesn't change the AMOUNT of oil in the world market and the price paid depends on that.

And - bottom line - the amount we get from Russia is a drop in the bucket for the US.

 

[dandh]

*sigh* Oil is fungible.......

And - bottom line - the amount we get from Russia is a drop in the bucket for the US.

Then why won't Biden stop buying it?

 

[thewop]

Biden would gain, not lose support if he did the reasonable thing and stopped trying to please the left. They'll never support a republican, they're brainwashed. Biden will fair much better if he recognizes extenuating circumstances and says 'I believe this way, but the times call for us to open up our options for oil, so that's what we'll do.'

He'll gain moderates and independents (both sides) and not lose the left because they have no other option.

 

[Hoosierhawkeye]

If we are a next exporter of oil than why havn't we banned the exportation of oil and require it to be sold on the domestic markets?

 

[tarheelbybirth]

Then why won't Biden stop buying it?

He should...but it would have little effect on Russia unless we can get Europe on board which is the effort. It would also hand a propaganda tool to the GOP. How about getting the GOP to fully back the move while acknowledging that it will likely bump gas prices in the short term? And that needs to be on the record. No whining about gas prices or the concomitant inflation it creates while the war continues? You on board?

 

[tarheelbybirth]

If we are a next exporter of oil than why havn't we banned the exportation of oil and require it to be sold on the domestic markets?

It doesn't move the needle on price. Unless we also want price controls on domestic oil used here.

 

[kwik44]

The stubbornness is in direct correlation with the desire of globalization.

Venezuela? Are you kidding?

 

[tarheelbybirth]

Biden would gain, not lose support if he did the reasonable thing and stopped trying to please the left. They'll never support a republican, they're brainwashed. Biden will fair much better if he recognizes extenuating circumstances and says 'I believe this way, but the times call for us to open up our options for oil, so that's what we'll do.'

He'll gain moderates and independents (both sides) and not lose the left because they have no other option.

What exactly would you have him do? I'm curious...how would you have him force US producers to pump more oil? They could do that tomorrow but they've been burned in the past when they ramped up and prices crumbled when the market was flooded. So what - exactly - would you have the president do to force more US production?

 

[BlackNGoldBleeder]

Just when you think Trad can’t say anything dumber. 🤣

I’ve never thought that once. There’s always a next post.

 

[CarolinaHawkeye]

What exactly would you have him do? I'm curious...how would you have him force US producers to pump more oil? They could do that tomorrow but they've been burned in the past when they ramped up and prices crumbled when the market was flooded. So what - exactly - would you have the president do to force more US production?

Be the dictator that the right actually seems to want, unless it comes to vaccination and masks.

 

[lucas80]

Canada's backup plan is to build the pipeline west to Vancouver and sell/ship to China since we apparently don't want it and like high gas prices.

The reason they want the pipeline through the US is because they’ve failed to build one through Canada. It’s easier to buy US politicians, steamroll indigenous tribes, and circumvent environmental laws in the US.

 

[lucas80]

The fact that biden is reaching out to Venezuela for crude is ridiculous. I would far rather have him reverse his stances on domestic production. He is an idiot?

can our refineries even still crack that high sulphur crude from Venezuela? I think they were all converted?

Biden administration is a train wreck.

How easy is it to refine the tar sand oil from Canada?

 

[seminole97]

The reason they want the pipeline through the US is because they’ve failed to build one through Canada. It’s easier to buy US politicians, steamroll indigenous tribes, and circumvent environmental laws in the US.

Fewer mountains in the Midwest.
I wouldn’t blame an Iowan for not think about that part of it.

 

[seminole97]

How easy is it to refine the tar sand oil from Canada?

You’ll need gloves.

 

[lucas80]

What exactly would you have him do? I'm curious...how would you have him force US producers to pump more oil? They could do that tomorrow but they've been burned in the past when they ramped up and prices crumbled when the market was flooded. So what - exactly - would you have the president do to force more US production?

US producers are facing a profits crunch. They expanded rapidly in a frenzy of debt. Their creditors are interested in recovering their investments right now and want $$$ returns.
The capacity and leases are there to be used.

 

[lucas80]

Fewer mountains in the Midwest.
I wouldn’t blame an Iowan for not think about that part of it.

There are mountains in Alaska and crude goes over them from the production fields to the export terminal. I would expect a FSB troll like you to ignore that.

 

[dandh]

He should...but it would have little effect on Russia unless we can get Europe on board which is the effort. It would also hand a propaganda tool to the GOP. How about getting the GOP to fully back the move while acknowledging that it will likely bump gas prices in the short term? And that needs to be on the record. No whining about gas prices or the concomitant inflation it creates while the war continues? You on board?

He is afraid it will increase prices here. He is playing politics instead of doing the right thing.

 

[seminole97]

There are mountains in Alaska and crude goes over them from the production fields to the export terminal. I would expect a FSB troll like you to ignore that.

Gee, do you think it’s easier to build (another) pipeline over the mountains, or through the prairie?
I shouldn’t have expected an idiot like you to consider that.
My bad.

 

[doughuddl2]

Does that mean they won’t produce the oil if we don’t approve the pipeline? Sounds like extortion.

No, it's the art of making a deal.

But the dems are good with funding Putin's war machine.

Go Green/blue New deal. [If the oil drilling comes from another country it's ok]