Sunday, June 29, 2014

The fruits of planned decline - today's edition

Pro-common-sense and pro-ongoing-viability-of-Western-civilization folks have been pointing out for years that if Canada felt spurned long enough regarding the Keystone XL pipeline, that nation would look across the Pacific for customers for that oil.

We're there now.  

Claiming it could no longer abide the Obama administration's five-year refusal to approve construction of the Keystone XL pipeline designed to bring 830,000 barrels a day of much-needed Alberta shale oil to U.S. refineries, the Canadian government recently approved plans for a huge new pipeline and port project to ship that oil to Asia instead. 

When completed, the $7.9 billion Enbridge Northern Gateway Project, approved by Canada’s federal government on June 17, will consist of an environmentally safe, 730-mile oil pipeline. It will be capable of moving 600,000 barrels a day of Alberta oil to the pacific coast town of Kitimat, British Columbia, where a new state-of-the-art super tanker port facility will be built to ship the oil to thirsty Asian ports. 


For FHers, the weaker post-America is, the better.

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