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More Alberta oil may start flowing east

cbc -- Canadians in Eastern Canada may see more Alberta oil coming their way in the near future.

That's according to Mark Corey, one of Canada's top federal bureaucrats in charge of energy policy.

Corey, assistant deputy minister for the energy sector with Natural Resources Canada, was testifying Tuesday at a House of Commons committee looking into oil and gas pipelines and refineries in Canada.He told MPs that as oil production in Alberta increases, companies will start to find it in their economic interest to send it to refineries in Eastern Canada.

"As oil production ramps up in Western Canada you will likely see the market respond and in fact we are already seeing the markets respond."He was responding to a question from NDP MP Claude Gravelle who wanted to know why Prime Minister Stephen

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Submitted Feb 01, 2012 By: chopper44

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honda0105 Champion Author Tallahassee Posts:15,957 Points:1,245,100 Joined:Nov 2008	Message Posted: Feb 5, 2012 8:30:19 AM Ignore honda0105 Report Abuse bart, funny how it was so touted to bring jobs and money to the US if it were built right then and there. And everyone clamored for it. But, it was always a bit of a red flag to me that TransCanada was pushing so hard - slowly it's emerging why... so we wouldn't have known all the details until it was too late.
1006 Champion Author Birmingham Posts:1,017 Points:1,104,730 Joined:Apr 2008	Message Posted: Feb 4, 2012 7:48:55 AM Ignore 1006 Report Abuse makes a lot of sense doesnt it
bart_reed Champion Author Los Angeles Posts:2,139 Points:421,530 Joined:Mar 2011	Message Posted: Feb 3, 2012 4:02:57 AM Ignore bart_reed Report Abuse You'll have to drive to South America to buy gasoline from the Canadian Tar Sands. The Keystone pipeline is planned to carry the oil directly from Canada to Texas refineries located in a special "tax free" zone. Once refined into diesel and gasoline it will be exported to South America, avoiding all taxation. America gets the crude oil pipeline spills and refinery pollution, but not one drop of the fuel. There is an excess of existing pipeline capacity to bring that Canadian crude into the U.S., but they all run to Midwest refineries supplying the U.S. market -- and the production would be taxed. The Keystone pipeline aims to avoid all taxation, not reduce our dependency on Arab oil.
numbers Champion Author North Dakota Posts:2,706 Points:782,680 Joined:Aug 2004	Message Posted: Feb 2, 2012 5:48:23 PM Ignore numbers Report Abuse We could use our own pipeline to help us both supply and employment wise - we don't need to give more of our money to the middle east
tomok Champion Author Portland Posts:26,020 Points:1,981,410 Joined:Aug 2006	Message Posted: Feb 2, 2012 4:04:56 AM Ignore tomok Report Abuse Canada can build their own pipeline, build their own refineries, produce their own fuel so their citizens could have cheaper fuel prices. But, the US and Canada want to sell the oil and fuel to the highest bidder, to make the most money from the world oil and fuel market. It would be in the best interest of both governments to lower the price of fuel and natural gas for the benefit of both countries population. Instead, they export it to the world for sale, Go figure! The price of fuel at the pump is too high! 12/22/2012!
Colts13 All-Star Author Indiana Posts:650 Points:253,470 Joined:Mar 2011	Message Posted: Feb 2, 2012 12:17:08 AM Ignore Colts13 Report Abuse ok
Ahking Champion Author Orange County Posts:1,991 Points:326,175 Joined:May 2011	Message Posted: Feb 2, 2012 12:14:32 AM Ignore Ahking Report Abuse Can they build the refineries in Alberta?
GasholeMI Champion Author Lansing Posts:8,295 Points:1,353,740 Joined:Jul 2008	Message Posted: Feb 2, 2012 12:13:43 AM Ignore GasholeMI Report Abuse I agree with tnfran.
frostyWV Champion Author West Virginia Posts:1,546 Points:349,750 Joined:May 2011	Message Posted: Feb 2, 2012 12:13:01 AM Ignore frostyWV Report Abuse ok
Bubba44612 Champion Author Ohio Posts:5,674 Points:1,521,090 Joined:Aug 2005	Message Posted: Feb 2, 2012 12:12:52 AM Ignore Bubba44612 Report Abuse Good deal.
umitb Champion Author Indianapolis Posts:1,853 Points:491,160 Joined:Apr 2010	Message Posted: Feb 2, 2012 12:12:01 AM Ignore umitb Report Abuse ok
rawdog1313 Champion Author Lexington Posts:1,490 Points:1,279,485 Joined:May 2008	Message Posted: Feb 2, 2012 12:11:09 AM Ignore rawdog1313 Report Abuse Whatever.......
Buddy2264 Champion Author Tampa Posts:9,787 Points:1,996,115 Joined:Oct 2005	Message Posted: Feb 2, 2012 12:10:49 AM Ignore Buddy2264 Report Abuse I do not understand why Canada does not keep more of their oil at home and lower their own prices.
NO_SWEAT Champion Author Toronto Posts:2,678 Points:745,075 Joined:Jul 2008	Message Posted: Feb 2, 2012 12:10:44 AM Ignore NO_SWEAT Report Abuse We need a miracle like this - we can also have open season on the $peculators.
carpenter4u Champion Author Virginia Posts:1,197 Points:283,390 Joined:Jul 2011	Message Posted: Feb 2, 2012 12:10:43 AM Ignore carpenter4u Report Abuse I do know it is not headed to the US
tedjm1 Champion Author New York Posts:4,060 Points:492,465 Joined:Dec 2006	Message Posted: Feb 2, 2012 12:08:10 AM Ignore tedjm1 Report Abuse Okay.
biza4u Champion Author New Haven Posts:6,687 Points:1,265,770 Joined:Jan 2007	Message Posted: Feb 2, 2012 12:07:14 AM Ignore biza4u Report Abuse To where
JENNYHK Champion Author Chicago Posts:1,859 Points:363,845 Joined:Apr 2011	Message Posted: Feb 2, 2012 12:07:03 AM Ignore JENNYHK Report Abuse Good for Canadians
herndonks All-Star Author Baltimore Posts:905 Points:169,285 Joined:Dec 2011	Message Posted: Feb 2, 2012 12:06:47 AM Ignore herndonks Report Abuse Good
1cheapgasin Champion Author Indianapolis Posts:3,654 Points:846,190 Joined:Jul 2009	Message Posted: Feb 2, 2012 12:03:39 AM Ignore 1cheapgasin Report Abuse .
twiper1 Champion Author San Diego Posts:5,992 Points:1,241,960 Joined:Oct 2008	Message Posted: Feb 2, 2012 12:02:56 AM Ignore twiper1 Report Abuse great
SUSANCK Champion Author Chicago Posts:1,867 Points:367,875 Joined:Apr 2011	Message Posted: Feb 1, 2012 11:59:04 PM Ignore SUSANCK Report Abuse Wish we were benefitting too
Bezalel Champion Author Oklahoma City Posts:10,251 Points:1,929,105 Joined:Oct 2006	Message Posted: Feb 1, 2012 11:55:57 PM Ignore Bezalel Report Abuse rerun? Same title yesterday, same content
Throroughbred Champion Author Cleveland Posts:1,031 Points:1,210,745 Joined:Jun 2007	Message Posted: Feb 1, 2012 11:53:09 PM Ignore Throroughbred Report Abuse Interesting.
bonzoonfmb All-Star Author Florida Posts:534 Points:354,975 Joined:Feb 2010	Message Posted: Feb 1, 2012 11:52:46 PM Ignore bonzoonfmb Report Abuse The supply will always go to the highest bidder.
bif65 All-Star Author Virginia Posts:768 Points:135,575 Joined:Jan 2011	Message Posted: Feb 1, 2012 11:51:36 PM Ignore bif65 Report Abuse ok
mstearno Champion Author Dayton Posts:6,351 Points:1,385,485 Joined:Jan 2008	Message Posted: Feb 1, 2012 11:49:59 PM Ignore mstearno Report Abuse bring it on
LCSTEELERBOB Champion Author Gary Posts:2,239 Points:548,800 Joined:Oct 2008	Message Posted: Feb 1, 2012 11:49:50 PM Ignore LCSTEELERBOB Report Abuse to bad this is not helping us more
pse91 All-Star Author Calgary Posts:613 Points:280,485 Joined:May 2011	Message Posted: Feb 1, 2012 11:47:59 PM Ignore pse91 Report Abuse Let Eastern Canada have the oil. The price is too high for the USA at this time.
tnfran Champion Author Arizona Posts:2,546 Points:492,740 Joined:Dec 2010	Message Posted: Feb 1, 2012 11:35:38 PM Ignore tnfran Report Abuse So sad we don't have some "Leaders in DC " that could "SEE" that it would be better to get more of our crude from Canada than from the OPEC nations.
suzmar Champion Author Texas Posts:1,015 Points:543,270 Joined:Jun 2006	Message Posted: Feb 1, 2012 11:33:47 PM Ignore suzmar Report Abuse Everyone wants the oil, they just don't want any of the infrastructure that comes with it.
GigHarborHound All-Star Author Tacoma Posts:926 Points:164,305 Joined:Sep 2011	Message Posted: Feb 1, 2012 11:28:51 PM Ignore GigHarborHound Report Abuse Yessssss!
danreino Champion Author Twin Cities Posts:6,791 Points:1,240,240 Joined:Mar 2008	Message Posted: Feb 1, 2012 11:26:26 PM Ignore danreino Report Abuse Por Favor o' Alberta Minister.
CorvairHaven Champion Author Cleveland Posts:2,595 Points:1,093,820 Joined:Sep 2008	Message Posted: Feb 1, 2012 11:26:21 PM Ignore CorvairHaven Report Abuse OK
edwlor1 Rookie Author New Haven Posts:5 Points:785,775 Joined:Jan 2009	Message Posted: Feb 1, 2012 11:23:00 PM Ignore edwlor1 Report Abuse maybe the usa should start taking care of its own with its own oil and stop subsidizing the oil companies who are taking every last cent the working people have. we could tap into what we have and let the middle east sit on what they have until they realize if they want the profits, they have to be reasonable
tippybuddy Champion Author Ontario Posts:1,339 Points:181,010 Joined:Feb 2011	Message Posted: Feb 1, 2012 11:22:01 PM Ignore tippybuddy Report Abuse flowing south is such a good idea...looking forward to that happening
nwsynthetics All-Star Author Oregon Posts:527 Points:139,470 Joined:Dec 2011	Message Posted: Feb 1, 2012 11:21:06 PM Ignore nwsynthetics Report Abuse Yes! Flow it down this way. The cheaper, the better.
SpankyMI Champion Author Kalamazoo Posts:1,073 Points:420,385 Joined:Jan 2011	Message Posted: Feb 1, 2012 11:15:24 PM Ignore SpankyMI Report Abuse It would be nice to have some start flowing south to.
abcdMA Champion Author Worcester Posts:6,129 Points:1,215,180 Joined:Nov 2008	Message Posted: Feb 1, 2012 11:15:07 PM Ignore abcdMA Report Abuse it would be nice to see some of that oil flow south as well
Lukus Champion Author Halifax Posts:6,524 Points:1,318,340 Joined:Nov 2007	Message Posted: Feb 1, 2012 11:13:56 PM Ignore Lukus Report Abuse Be great to see some oil coming east. It might help to stablize prices as well.
silverfoxv65 Champion Author Michigan Posts:2,616 Points:866,495 Joined:Sep 2009	Message Posted: Feb 1, 2012 11:13:00 PM Ignore silverfoxv65 Report Abuse Yes make it happen.
MJIOWA Champion Author Iowa Posts:3,124 Points:741,320 Joined:Nov 2009	Message Posted: Feb 1, 2012 11:09:18 PM Ignore MJIOWA Report Abuse make it happen
warlord1 Champion Author Georgia Posts:3,614 Points:704,615 Joined:May 2010	Message Posted: Feb 1, 2012 11:05:44 PM Ignore warlord1 Report Abuse ok
monieet All-Star Author California Posts:506 Points:234,160 Joined:Mar 2011	Message Posted: Feb 1, 2012 11:05:18 PM Ignore monieet Report Abuse Ok
Mowerman08 Champion Author Milwaukee Posts:2,977 Points:874,000 Joined:Aug 2008	Message Posted: Feb 1, 2012 11:03:45 PM Ignore Mowerman08 Report Abuse Duh.
skyking19 Champion Author Little Rock Posts:1,574 Points:1,419,870 Joined:Jan 2007	Message Posted: Feb 1, 2012 11:02:57 PM Ignore skyking19 Report Abuse ok
onegiraffeAL All-Star Author Alabama Posts:978 Points:317,335 Joined:Jan 2010	Message Posted: Feb 1, 2012 11:01:11 PM Ignore onegiraffeAL Report Abuse ok
19sheldon43 Champion Author Los Angeles Posts:2,833 Points:618,870 Joined:Jul 2009	Message Posted: Feb 1, 2012 11:01:09 PM Ignore 19sheldon43 Report Abuse I guess they are going to keep it in Canada
Blue48 Champion Author Illinois Posts:5,479 Points:1,275,000 Joined:Feb 2007	Message Posted: Feb 1, 2012 11:00:04 PM Ignore Blue48 Report Abuse CRAZY CANADIANS!
judgemobile Champion Author Ohio Posts:5,752 Points:2,083,280 Joined:Nov 2005	Message Posted: Feb 1, 2012 10:58:52 PM Ignore judgemobile Report Abuse if supply is UP, price should be DOWN...right or wrong ??