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Here is a quote and a link to a reference: However, the prospect of Canadian tar sands crude exports from the Gulf Coast is very real. The US crude oil export ban would arguably not affect Canadian crudes if the Canadian crude is not blended with any US crudes. The Bureau of Industry and Security’s Export Administration Regulations for crude oilstate that the BIS will approve license applications for: “Exports of foreign origin crude oil where, based on written documentation satisfactory to BIS, the exporter can demonstrate that the oil is not of U.S. origin and has not been commingled with oil of U.S. origin.” http://priceofoil.org/2013/03/01/industry-experts-expect-keystone-x...
Joe, that occurred to me, but devil is in the details. From a common sense perspective, and that never serves in these matters, liquid product that comes out of the oil well is oil.
Bob: Do not recall the exact length of the Keystone Pipeline somewhere around 1000 miles, that would take closer to 350 permanent employees than the 35. True at this time the country has a glut of oil, A year or two down the road that will not be the case. Gasoline will go back to $4.00/gal. consumers will complain and the federal government will answer any solution is 5 to 10 years down the road, while the Tar Sand Oil is being shipped to China. BUILD THE KEYSTONE. I'm also a land owner under lease an would like to see production from my acreage. 40 years in the natural gas industry (midstream retired )
Ok, 350 jobs is better than 35, for sure, and I have to agree that transporting all production to market in the most efficient and safe manner is good for all concerned, but still not understanding why this particular pipeline is at the top of the national agenda, unless it is because it being opposed by some. I guess I don't have to understand. Thanks to all who commented.
Good point that it is different because it is International. I work for a company that has locations in U.S. and 6 Canadian provinces, and I don't distinguish them, except when I have to ship hardware across the border. I am not thinking to trivialize this, but there are so many International trade agreements that have never risen to this level of notoriety.
Joseph, the only issue I see with the 'semantic hurdles' is if it results in converting the product into something that can't be exported under current law. Perhaps relaxation of the export ban is a better solution than straining NGL definition under that law, then everyone is on a level playing field.
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