Tomorrow (Monday) last day public comments accepted on Keystone XL

[wtmusic]

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There is an avalanche of opinion saying it's not that big a deal, it's a drop in the bucket, that it will create jobs, etc. There is also an avalanche of opinion saying it's "game over", the quantity of oil has been grossly understated, it will be environmentally catastrophic, etc. Look to the source: almost exclusively, the arguments for Keystone are exclusively from those who benefit financially from it; arguments against come from scientists. The latest meme to bite the dust is "the oil will get to market anyway":

"But some industry officials, energy analysts and recent data raise questions about whether the industry is really eager to adopt crude-by-rail should the U.S. government rule against the TransCanada Corp pipeline.

They say train transport is so expensive that Canadian heavy crude, produced by processing bituminous sand, isn't likely to reach Texas and Louisiana in Keystone-like quantities by rail.

These experts also point to plentiful supplies of lighter crude oil from the Bakken shale formation in North Dakota, which is roughly 900 miles closer to the Gulf than the hub of Canadian oil sands production, and plenty of heavy crude from traditional sources such as Saudi Arabia, Mexico and Venezuela, as signs that Gulf Coast refiners can get along without Keystone."

http://www.dailypress.com/business/sns-rt-us-usa-keystone-railroadsbre93h07i-20130417,0,5178418.story

[limpyhobbler]

1. k/r