Derec
Contributor
Like it or not, there isn't enough light sweet crude to cover worldwide oil demand. Even in Saudi Arabia new production coming online is increasingly heavy and/or sour.This oil comes from bitumen...a solid that is scooped out of the ground, taken to a special extraction unit that uses steam and heat and chemicals to extract the liquid out of the bitumen.
All oil production has some "carbon footprint of extraction" associated with it. But the large majority of the total carbon emissions come from the burning of the final fuel. And there is makes no difference if the gallon of gasoline or diesel you put in your tank came from Alberta, Venezuela, Texas or Saudi Arabia.This oil is the dirtiest, most heavy metal laden oil and it already has the carbon footprint of extraction with it.
As to heavy metals, other sources of oil suffer from a similar problem. Do you have any source that states that Canadian oil sands have a significantly bigger metal problem than other sources of heavy oil (including Venezuelan oil sands and regular Venezuelan heavy oil which are direct competitors to Athabasca oil sands).
It is primarily intended to be processed in Gulf refineries and further transported by product pipelines to US consumers, especially here in the South East. As such it will reduce or eliminate the amount of oil that would have to be imported (by tanker) from Venezuela. Now, if there is spare refinery capacity additional oil can be imported from Venezuela, processed and exported as value added refined products. But the primary purpose is to supply the domestic market. What would be wrong with exporting any surplus though?This is heated to help it flow and loaded into a pipeline (XL). The Trans-Canada people want to get this oil to the gulf for worldwide marketing. It may or may not be processed at the Gulf terminus of the pipeline, but it is intended for further travel...in supertankers.
If that is their aim it will backfire.The current price drop in oil is actually Saudi attempt to keep this type of operation from being economically competitive with them.
I do not know if CO2 level was ever as low as 400 ppb.People keep forgetting we have already passed world wide 400ppb CO2.
Surely you mean ppm. Then why should politics discriminate against certain sources of CO2? Why should Obama continue to block the Keystone Pipeline (he has been dragging his feet on this since he became president!) and even veto congressional bill just for Canadian oil sands to be transported by rail or for us to have to import more Venezuelan heavy oil?Our atmosphere does not have the room for this crap! In terms of carbon....Saudi, Canadian, American, Chinese....climate change does not discriminate and treat any of these carbons any differently. Climate change is not ideological.![]()
Speaking of transporting oil by rail: Train Derailment Sends Flaming Tanker Into River
