Well to begin with the US gets about a million barrels of oil a day from Venezuela. So y'all have been funding him for 15 years while he kicked dirt in your faces? Ironically that oil went to the very refineries that were supposed to have it replaced with oil sands oil via the Keystone pipeline from Alberta. You know the pipeline that has been waiting for approval for 4.5 years? I'm all for the Keystone pipeline getting approved. But if it was fully built and pumping oil today it would NOT replace oil from Venezuala. It would replace the next most costly imported oil, incrementally. Why would the Keystone oil replace oil that travels a short distance?Mike
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra