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  • The Doctor
    replied
    Originally posted by Combat Engineer View Post
    Freeing up how many 100's of thousands of rail cars from transporting Canadian Crude would not lower the cost to others still using rail? Has supply and demand been suspended?
    Firstly, they ship on different railroads...





    The Bakken isn't currently competing with Canadian oil for rail transport.

    Secondly, he Bakken Marketlink portion of the KXL is designed to transport 65,000 to 100,000 bopd from the Williston Basin (where the Bakken is) to refineries...
    TransCanada’s proposed Keystone XL Pipeline would transport oil sands crude from Canada and shale oil produced in North Dakota and Montana to a market hub in Nebraska for further delivery to Gulf Coast refineries. The pipeline would consist of 875 miles of 36-inch pipe with the capacity to transport 830,000 barrels per day.

    [...]

    As stated earlier, the proposed Keystone XL Project would include a lateral pipeline, the Bakken Marketlink, to provide crude oil transportation service from Baker, MT, to Cushing, OK, via the proposed Keystone XL Pipeline and from Cushing to Texas via the proposed Gulf Coast Pipeline.8 Keystone Marketlink9 estimates that the project will cost $140 million and have theability to deliver approximately 100,000 bpd of crude oil to the proposed Keystone XL Pipeline.10 Thus, of the Keystone Pipeline’s 830,000 bpd ultimate capacity, up to 12% has been set aside to transport Bakken crude oil. Keystone Marketlink currently has firm, long-term contracts to transport 65,000 bpd of the 100,000 bpd.11

    http://fas.org/sgp/crs/misc/R41668.pdf


    Bakken Marketlink Project

    In the fall of 2010, TransCanada went to the market with a proposal to move Bakken crude oil production by constructing a receipt facility at Baker, Montana. The open season was successful, allowing TransCanada to sign firm term contracts for 65,000 bpd of crude oil transportation from the Bakken to key U.S. refining markets.

    The Bakken Marketlink project will provide receipt facilities to transport up to 100,000 bpd of crude oil from the Williston Basin producing region in North Dakota and Montana, to Cushing, Oklahoma and the U.S. Gulf Coast using facilities that make up part of the Keystone Gulf Coast Expansion Project (Keystone XL).

    TransCanada intends to proceed with the necessary regulatory applications for approvals to construct and operate the required facilities and to provide transportation services.

    Keystone XL and the Bakken Marketlink Project are expected to be in service two years following the receipt of the Presidential Permit.

    http://www.transcanada.com/bakken.html

    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by The Doctor View Post
    The folks at TransCanada probably thought that "support the significant growth of crude oil production in the United States from producers in the Bakken region of Montana and North Dakota" makes the pipeline more valuable than if it was just transporting the oil.

    There is no hedging involved. The only way a pipeline can support production growth is by moving more oil than is currently being transported.
    Freeing up how many 100's of thousands of rail cars from transporting Canadian Crude would not lower the cost to others still using rail? Has supply and demand been suspended?

    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by The Doctor View Post
    It couldn't be anymore clear and concise than it already is.
    Yes, it can. I posted a much clearer and concise start of the statement. Simply state the pipeline will carry US and Canadian Crude. Their website does not say any such thing.

    WIll it? I don't know, they've not stated that it will.

    Leave a comment:


  • The Doctor
    replied
    Originally posted by Combat Engineer View Post
    I like clear and concise. When organizations don't do so, especially in a deliberate communication such as a website, I tend to think they have a specific reason to not do so.
    It couldn't be anymore clear and concise than it already is.

    Leave a comment:


  • The Doctor
    replied
    Originally posted by Combat Engineer View Post
    Explain the use of the two terms.

    "The XL pipeline will transport Canadian and US oil to......."

    Makes more sense to me. No hedging.
    The folks at TransCanada probably thought that "support the significant growth of crude oil production in the United States from producers in the Bakken region of Montana and North Dakota" makes the pipeline more valuable than if it was just transporting the oil.

    There is no hedging involved. The only way a pipeline can support production growth is by moving more oil than is currently being transported.

    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by Pirateship1982 View Post
    I like clear and concise. When organizations don't do so, especially in a deliberate communication such as a website, I tend to think they have a specific reason to not do so.

    Leave a comment:


  • Pirateship1982
    replied
    Originally posted by Combat Engineer View Post
    Explain the use of the two terms.

    "The XL pipeline will transport Canadian and US oil to......."

    Makes more sense to me. No hedging.

    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by The Doctor View Post
    It's actually written in English. Anyone with at least 3rd grade reading comprehension and a rudimentary idea as to how a pipeline functions, could understand this.
    Explain the use of the two terms.

    "The XL pipeline will transport Canadian and US oil to......."

    Makes more sense to me. No hedging.

    Leave a comment:


  • The Doctor
    replied
    Originally posted by Combat Engineer View Post
    Nope right in your post. Explain the use of different terms.
    It's actually written in English. Anyone with at least 3rd grade reading comprehension and a rudimentary idea as to how a pipeline functions, could understand this.

    Leave a comment:


  • The Doctor
    replied
    Originally posted by Combat Engineer View Post
    Sorry. from the very site you got that map they specifically do NOT use the term transport. Look for yourself and explain the hedging.



    - See more at: http://keystone-xl.com/about/the-key....eeagxRcp.dpuf
    The only way a pipeline can support crude oil production growth is by transporting the crude oil to market.
    Along with transporting crude oil from Canada, the Keystone XL Pipeline will also support the significant growth of crude oil production in the United States from producers in the Bakken region of Montana and North Dakota.

    This pipeline will allow Canadian and American oil producers more access to the large refining markets found in the American Midwest and along the U.S. Gulf Coast.

    - See more at: http://keystone-xl.com/about/the-key....n0eS8ur3.dpuf

    Leave a comment:


  • Pirateship1982
    replied
    Originally posted by Combat Engineer View Post
    The XL pipeline project websites states it will "transport" Canadian oil and will "support" Bakken oil. Why the hedging with different terms. Why not say 'transport' Bakken oil?


    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by The Doctor View Post
    Keystone XL Pipeline Project

    The Keystone XL Pipeline is a proposed 1,179-mile (1,897 km), 36-inch-diameter crude oil pipeline beginning in Hardisty, Alta., and extending south to Steele City, Neb. This pipeline is a critical infrastructure project for the energy security of the United States and for strengthening the American economy.

    Along with transporting crude oil from Canada, the Keystone XL Pipeline will also support the significant growth of crude oil production in the United States by allowing American oil producers more access to the large refining markets found in the American Midwest and along the U.S. Gulf Coast.

    For more information on the project please visit the Keystone XL Pipeline Project website at Keystone-XL.com.

    http://www.transcanada.com/keystone.html

    The hedging must be hiding on the "grassy knoll."
    Nope right in your post. Explain the use of different terms.

    Leave a comment:


  • The Doctor
    replied
    Originally posted by Combat Engineer View Post
    The XL pipeline project websites states it will "transport" Canadian oil and will "support" Bakken oil. Why the hedging with different terms. Why not say 'transport' Bakken oil?
    Keystone XL Pipeline Project

    The Keystone XL Pipeline is a proposed 1,179-mile (1,897 km), 36-inch-diameter crude oil pipeline beginning in Hardisty, Alta., and extending south to Steele City, Neb. This pipeline is a critical infrastructure project for the energy security of the United States and for strengthening the American economy.

    Along with transporting crude oil from Canada, the Keystone XL Pipeline will also support the significant growth of crude oil production in the United States by allowing American oil producers more access to the large refining markets found in the American Midwest and along the U.S. Gulf Coast.

    For more information on the project please visit the Keystone XL Pipeline Project website at Keystone-XL.com.

    http://www.transcanada.com/keystone.html

    The hedging must be hiding on the "grassy knoll."

    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by Pirateship1982 View Post
    Ummm, yes the pipeline will handle Montana crude.



    Watch the dotted line. You see the storage facility in Baker marked in big bold letters? Take a gander at what state it's in.

    Nice try.
    Sorry. from the very site you got that map they specifically do NOT use the term transport. Look for yourself and explain the hedging.

    Along with transporting crude oil from Canada, the Keystone XL Pipeline will also support the significant growth of crude oil production in the United States from producers in the Bakken region of Montana and North Dakota.
    - See more at: http://keystone-xl.com/about/the-key....eeagxRcp.dpuf

    Leave a comment:


  • Combat Engineer
    replied
    Originally posted by The Doctor View Post
    KXL will also handle Bakken oil headed to Gulf Coast refineries, reducing the need for rail transport.
    The XL pipeline project websites states it will "transport" Canadian oil and will "support" Bakken oil. Why the hedging with different terms. Why not say 'transport' Bakken oil?

    Leave a comment:

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