RE:RE:Irony of the can kicking decision process- straw to gold
Egyptian,
I don't know how much if any of COS' s oil is transported by means other than pipeline. What I am driving at is the incremental production from other producers may not have a pipeline etc in order to transport it. if not then that could slow down the development and COS' s production would be more valued as there is less supply from others to compete with it.
I suppose an alternative could be development proceeds at a rapid rate and with constrained transport the transport costs rise.
Personally I think the US will ultimately approve the pipeline. The risks longer term are simply to great to have the oil sands production going elsewhere. Therefore just another delay.