RE:RE:RE:Canceling Keystone XL Pipeline Is a Gift to China and Russiaretiredengexec wrote: If and when Tmx and line 3 are in service we wont need line 3. The days of unfettered oilsands growth are over. The only caveat to this is if oil heads back to 75 plus dollars per bbl. The IEA estimates that 2021 demand will only be 96 million bopd 4 million less than pre pandemic. Guys I'm an oil guy as you can tell by my posts and from my 35 years in the patch. The real threat/friend of Russia and Opec is our fearless leader.
Hard to say if TMX will ever get done. If and when it gets done and oil starts shipping then the fat lady can sing. Still a lot of politics ahead and then there could be a stumbling block with Asia?
Questions that linger in the back of my mind...