quote:Originally posted by jd-train:
Gary,
Yes I am quite aware of all of the other pipelines in this country. Many of these pipelines deliver products other than oil. I am also well aware of the pipeline maintenance and construction jobs the Keystone project would be expect to generate and have noted them in my earlier post. My post was not meant to convey that pipelines are not worthwhile. We would, however, be foolish to look at just the benefits and not the potential costs of such large projects.
We haven't discussed the pros and cons of Buffet hauling oil from Canada to Texas, quite frankly from an economic view, I would be suprised to see this happen.
Jim
p.s. InsideTrack, in this case most of the money would also leave the U.S. as TransCanada is a Canadian company.
The Canadian PM has said that the oil will be tankered to China.