Alterntively, USA is ALSO fucked: USA is a huge importer of oil and will ALSO remain a huge importer of oil.
The reason for this is simple : most of US production right now is fracking oil, which is actually a different grade of oil than crude or oilsands and US cannot process it. Its primarily because of requring refineries of different configuration. And refineries are one of the most expensive & difficult things to build on the planet in terms of the machining/precision and scale required and refineries are a BIG investment. No US refiner will risk investing in a 5 year new refinery construction project in USA due to USA's commitment on paper to clean energy AND US environmental regulations. Both of which are independent of Trump in terms of market confidence, as the market simply sees it as 'i still dont wannt spend 5 years building and another 5 years operating to break even on a refinery when 2 elections later i may be shut down in THIS state by state environmental bylaws or worse by new guy 2 terms or 3 terms- which is still only 12 years later-in DC'.
This is applicable to ALL of the US, including texas and alaska fyi as far as the industry is concerned and the proof is in the pudding : The last US refinery to be constructed was constructed in the early 70s i believe.
So Murrica is also fooked. It will keep exporting most of its shale oil to overseas for refining and keep importing Saudi crude that its refineries are keyed-in on.
Canada will suffer, so will USA - this is a snake eating its own tail scenario.
Someone now insert the 'jee bhar ke laro' meme.
PS: This is why the refinery in gujarat is such a big deal. It can take any type of oil i believe and that is a YUUGE deal - most individual refineries cant even take all types of sweet crude alone- like good luck finding refineries who will take both sakhalin sweet, brent crude and saudi crude. Nevermind the various grades of oilsands - which is an entirely different kind of oil to process, now throw in shale oil, which is like 'weirdo up sweet crude' stuff.
A lot of this info i know in this field ( oil and gas and conventional energy) is pretty much because i am son of a 'jordie laforge' of the oil industry - a recognizable name- pretty much because well, those in the industry will know the names of 'all the chief engineers of a star ship, coz there are only so many star ships in space' if you catch my drift.
None of this is like hoodoo conspiracy theory or crazy revolutionary info, its just insider knowledge from once removed of the industry for me and its suprising how much of oil basics the world doesnt know and its not a secret either.
PPS: The east pipeline was killed by Canadian leftoids but it didnt require much killing. As i said, it goes over the Canadian shield. Its one of the most desolate places in the world for a stretch in terms of human habitation and having pipeline go 100s of km through zero human habitation zones in very rough terrain ( its like mostly exposed bedrock with lichen and moss on it, so construction aint super-easy either, neither are the fixes). Its expensive as hell, with every spill/leakage being in news for 2 extra months coz its so far to go fix and so hard a terrain to fix on (and guess what- pipelines leak. pretty much every single one does from time to time- thats what pipes do, especially ones that are made of millions of sectionals carrying high density, high velocity fluid. That eez phyzeeks).
Look at it this way - these pipelines to US are old, the ones which go east via the michigan route cross huge bodies of water, which is a total PITA for pipelines to do ( transition from land to water or vice versa is annoying as hell due to terrain plasticity at meeting points) are also old. No matter how chummy chummy or being biatch of US, Canada isnt a totally broke ass poor nation and has never been ( compared to the US in its development stages), so why the hell would Canada choose to build its original pipelines going east via US and not the 'eastern pipeline' in the first place ?
Answer : Coz Western ontario is ASS to go over for pipeline.
