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Keystone XL - TransCanada May No Longer Want It


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https://www.google.ca/amp/business.financialpost.com/news/energy/new-american-demands-mean-only-5050-chance-keystone-xl-pipeline-will-be-built-expert-says/amp

 

TransCanada may no longer be interested in building Keystone XL Citing that Trumps demands are too high

 

First of all, all raw materials must be American made putting into question whether or not that violates NAFTA and possibly raising the cost of an already expensive project as not every single component may be cost competitive in the US

 

Also Trump wants greater compensation and taxes for every barrel that crosses the pipeline potentially taking away all profit from TransCanada

 

Rising Shale production from the Baken which would also use this pipeline might take away most space Canada could use for it

 

Im short, his demands would give the pipeline few benefits for Canada or the Transcanada company

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DeanWinchester

So this is bad for Calgary's economy and Canada's yeah?

Flyin' like a 1000 Doves
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August Blue

Id say "I hope this would teach him a lesson" but since he is 70 yo and still stupid I think this is too late for that :awkney: 

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Economy
1 hour ago, A Gaga Lad said:

So this is bad for Calgary's economy and Canada's yeah?

Well we can still ship oil by train as we been doing plus Trudeau just approved another pipeline to the west

 

So wont really make a big difference

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Economy
1 hour ago, Morphine Prince said:

Good. I hope Canada decides to back down. 

 

1 hour ago, PaperIz said:

Hope they don't build it tbh 

Is it because of the aquafer? Thats the only major thing about this pipeline that seems any different than other pipelines

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Lion Heart
26 minutes ago, Morphine Prince said:

 

 

So what is the truth .gif

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PaperIz
2 hours ago, Economy said:

 

Is it because of the aquafer? Thats the only major thing about this pipeline that seems any different than other pipelines

Yeah I'm not for taking the chance of destroying our earth more.

Human generated art
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Economy
32 minutes ago, Lion Heart said:

So what is the truth .gif

Well it said "may". It was never said they werent going to

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Economy
26 minutes ago, PaperIz said:

Yeah I'm not for taking the chance of destroying our earth more.

Oh. If its cuz of that i get it. That aquafer is very crutial

 

But some ppl are just against everything and just wanna say no to every big project which is a bad extreme

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