Canada’s oil pipeline project worth US$9 billion was ruthlessly “cut off” by the United States, which means that its plan to expand oil exports to China will come to nothing; when it hits the bottom, there are also voices within Canada: The country should Completely abandon economic and trade relations with the United States.
The United States cuts off the 58 billion pipeline project! Canadians: Economic and trade penalties should be imposed on the United States
On January 20, after the new “Helmsman” of the United States took office, he immediately canceled the keystone XL pipeline that the previous key person had cooperated with Canada. project permission.
It is reported that the “Keystone XL” project is the fourth phase of the Keystone Oil Pipeline, with a total value of US$9 billion (approximately 58 billion yuan). After completion, the pipeline It will extend from Alberta in western Canada to Nebraska in the central United States and can transport 830,000 barrels of oil per day to the United States; currently, the Canadian part of the project is under construction, but in the United States, “Keystone XL” However, construction of the project has been slow due to environmental protection issues and has been at a standstill for most of 2020.
But this time, after taking office, new important figures in the United States abruptly cut off the construction of the U.S.-Canada oil pipeline on the grounds of environmental protection. This move also caused conflicts between the two sides to break out. According to the latest news from CCTV News on January 27, the Canadian province of Alberta called on the Canadian government to impose trade and economic penalties on the United States and temporarily cut off economic ties with the United States.
Jason Kenney, Governor of the Province of Alberta, Canada, pointed out that this is not only related to the “Keystone XL” pipeline project itself, it is also related to the relationship between Canada and the United States. , it’s about thousands of jobs here, and it’s about billions of dollars in tax revenue for the Alberta government. It is reported that due to the sudden change of heart in the United States, the large amount of money that Alberta previously invested in this project was wasted and suffered heavy losses.
However, some Canadian media pointed out that the Canadian government will not accept Jason Kenney’s call and has no intention of letting this project affect relations between the two countries.
The true purpose of the United States is exposed! Canada’s plan to expand oil supplies to China failed
The United States’ cancellation of the Canadian oil pipeline project license appears to be an obstruction by environmentalists. In fact, as the United States’ oil back garden, Canadian crude oil It can only be exported to the United States or through the US Gulf, which is exactly what the United States plans to do. In fact, the Keystone XL pipeline, which is thousands of miles away, can go to the West Coast of the United States through the Port of Vancouver, but the key is that it can also go to the Asian market.
In particular, Chinese buyers now have a “consensus” that Canadian heavy oil sands oil can produce asphalt as effectively as Venezuelan crude oil, and many Chinese asphalt plants There are plans to buy Canadian crude oil – this is undoubtedly very attractive to Canada. You must know that China is the world’s largest crude oil importer and has a demand market of hundreds of millions of tons.
But the problem is that it is not that Canada does not export, but that the United States does not allow Canadian crude oil to directly enter the international crude oil market. The reason why Canada is being choked is actually related to the following two major factors. On the one hand, according to data from the National Energy Board of Canada, Canadian crude oil exports to destinations other than the United States account for only 0.8% of all exports. In other words, the United States is almost the only export destination for Canadian oil.
On the other hand, due to Canada’s limited refineries, Canada can generally only sell crude oil to the United States and then import gasoline from the United States; therefore, the price of gasoline in many places in Canada is completely Control is in the hands of U.S. suppliers, which means that Canada cannot enjoy the dividends of being a major oil and gas country.
In this context, Canada originally counted on the Keystone XL pipeline project to ensure that the amount of crude oil it sent to the West Coast could be “doubled” and then re-exported to new Asian markets. ; But now, the project has been ruthlessly cut off by the United States, and Canada’s crude oil export plan may be completely in vain. </p
