Quote:
Originally Posted by Clearshades
While oil is still required, Canadian oil may not be that sustainable due to cost. China has secured oil with Russia and Iran, so who will we sell it to? Our country is at odds with each other of all pipelines proposed, so what reason is there for rejoice? Who is lining up for our oil?
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The problem is that we are currently shipping most of our oil to the US. This is why we have the price differential between WCS and WTI. This is why we need increased pipeline capacity to our coasts to allow us to sell to other markets (primarily China, India).
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