propchef wrote:
bgum wrote:
I have never understood the need for the Keystone pipeline. Why not build a refinery near the source. Surely it would be less expensive and therefore reduce the price of fuel.
Building a refinery to process tar sands in the wilds of Canada close to the Arctic Circle would be wildly expensive. Besides, many petroleum companies are giving up their Canadian leases because extracting and refining tar sand crude no longer makes good fiscal sense and it's fraught with potential issues.
Well that doesn't explain how it is cheaper to build a pipeline and refine it in Texas. It is still facing the same issue in Texas refinery.
Now extraction up north may face potential issues.