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In reply to the discussion: Obama Administration APPROVES Keystone XL Key Infrastructure Component. [View all]TheBlackAdder
(28,201 posts)For those who have a problem with Firedoglake...
Daily Kos:
http://www.dailykos.com/story/2013/11/26/1258647/-Obama-Approves-Major-Border-Crossing-Fracked-Gas-Pipeline-Used-to-Dilute-Tar-Sands
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Motley Fool:
http://www.fool.ca/2013/11/28/oil-sands-105-what-is-diluent-and-why-is-it-important/
snip...
Bottom line, ample supply of diluent is critical to getting Canadas oil out via major pipelines. This includes current export pipelines like those from TransCanada (TSX: TRP) (NYSE: TRP) which currently handles a third of Canadian oil exports, as well as future projects like its Keystone XL and Energy East or Kinder Morgans Trans Mountain Pipeline expansion. Diluent coming into Canada means diluted bitumen can flow back out of the country.
...snip