Originally Posted by BR
Not saying it should. My point is that extending the pipeline to the gulf will hurt the Midwest. MJ disagreed. I showed him the facts. You seem to agree yourself that the Keystone XL is not designed with the sole purposes of American prosperity in mind.
The article you cited uses the term "oversupply" for the Midwest, so that alone should tell you it's a temporary phenomena. You can't possibly think that economic forces will allow for the continued oversupply in a local region while the rest of the country/continent/planet goes thirsty. While liberals usually base economic decisions on faulty assumptions, that one will set some kind of record.
Secondly, while would a pipeline carrying Canadian oil be designed "solely" for American prosperity?
U.S. communities and companies will certainly benefit, but this is a continent that is economically integrated to a large degree. It does not make economic or environmental sense for Canadians to pay a billion dollars or more to construct a new refinery and port distribution system while U.S. refineries and ports have excess capacity.
Bottom line is that prices are going to rise in the Midwest no matter what happens, and some of the oil is going to be exported as well. But I thought the holdup on Keystone was really due to environmental concerns?