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Author: mschmit Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 449708  
Subject: Re: Chavez dead Date: 3/6/2013 12:41 PM
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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
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