Wednesday, October 05, 2011

Hey Joe, where you goin with that gunk in your hand?

While in Washington oildrumming up K-XL support with US senators yesterday, Natural Resources Minister Joe Oliver plumped for the Keystone XL pipeline in his keynote address to the 4th Annual United States Energy Association (USEA) Energy Supply Forum.
Here is the quote chosen by Natural Resources Canada "for broadcast use" :

“The future of North America’s economy and our national security is inextricably tied to energy,” said Minister Oliver. “Clearly, it is in both of our interests to ensure that our future oil supply remains stable, secure and developed in an environmentally responsible way.”
Our future oil supply? Really, Joe?
We're still going with the tarsands = North American security model?

For starters, Canada imports half of its oil for domestic use - over a million barrels per day - from various "conflict oil" states, while exporting 65% of its "ethical oil" tarsands crude to the US.

Dear Joe : How does the K-XL proposal to export tarsands - owned in part by the Chinese state - to Texas to be refined by Saudi's Aramco refinery in a Foreign Trade Zone [read: no import/export duties or taxes] so that it can then be shipped off to Europe and Latin America have anything to do with "our national security"?

Exporting Energy Security : Keystone XL Exposed
Interesting report. It contends that there is currently a glut of domestic oil in the US due to increasing vehicle efficiency and slow economic growth, so the real purpose of the K-XL is to make tarsands crude available to the FTZ refineries in Texas which are specifically set up to turn it into diesel for export.

Nothing to do with national security, nothing to do with energy independence, nothing to do with gasoline prices at the pump.
So who is it all you guys are working for again?

The Guardian : Koch company declared 'substantial interest' in Keystone XL pipeline
"In recent months Koch Industries Inc., the business conglomerate run by billionaire brothers Charles and David Koch, has repeatedly told a U.S. Congressional committee and the news media that the proposed Keystone XL oil sands pipeline has "nothing to do with any of our businesses."
But the company has told Canadian energy regulators a different story.

In 2009, Flint Hills Resources Canada LP, an Alberta-based subsidiary of Koch Industries, applied for—and won—"intervenor status" in the National Energy Board hearings that led to Canada's 2010 approval of its 327-mile portion of the pipeline.

In the form it submitted to the Energy Board, Flint Hills wrote that it "is among Canada's largest crude oil purchasers, shippers and exporters. Consequently, Flint Hills has a direct and substantial interest in the application" for the pipeline under consideration.
The Koch brothers own nearly all of Wichita, Kan.-based Koch Industries, the second-largest private company in the United States. The energy and manufacturing conglomerate earns an estimated $100 billion in annual revenue from its network of subsidiaries—a mix of oil, gas, pipeline, chemical, fertilizer and paper and pulp companies. In addition to its Canadian operation, Koch's Flint Hills subsidiary operates oil refineries in Alaska, Texas and Minnesota as well as a dozen fuel terminals in the Midwest and Texas.
The Koch brothers have donated millions to Republican candidates and conservative movements, bankrolling groups involved in Tea Party causes and in campaigns to deny climate change science and the need for cleaner energy."

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