Did Obama just give Tesla a huge bump?

[NigelM]

Don't worry, now that they've stopped the XL pipeline, we're going to sell our Canadian oil to China instead.

Be nice or we'll make you wait even longer for your Model S! :wink:

 

[gg_got_a_tesla]

We only get about 18% of our oil from OPEC, we get about 20% from Canada and Mexico and about 16% from other countries, the rest we produce ourselves.

Notes: I rounded all the numbers and the best source is the U.S. Energy Information Administration.

The problem remains that OPEC can still influence the price of crude oil the world over irrespective of the source mix for any given consuming country. The US may not have been importing much, if at all, from Libya but, we paid the price at the pump for the unrest in Libya last year all the same!

 

[Doug_G]

Be nice or we'll make you wait even longer for your Model S! :wink:

Don't blame me! It's our Prime Minister...

Canada 'very serious' about selling its oil to China, Harper says - The Globe and Mail

 

[stopcrazypp]

Don't worry, now that they've stopped the XL pipeline, we're going to sell our Canadian oil to China instead.

Not that they wouldn't have done that anyways (either directly or after it goes through the pipeline) even if we built the pipeline. There's no binding agreement that says all oil through the pipeline stays in America (TransCanada apparently refused when this was proposed). In fact, one of the main attractions of the pipeline vs other pipelines is that it allows Canada to export to countries other than the US (without paying US taxes either because the end refineries are in Foreign Trade Zones).
http://switchboard.nrdc.org/blogs/aswift/keystone_xl_is_a_tar_sands_pip.html
http://thinkprogress.org/green/2011...-ship-foreign-oil-to-foreign-lands/?mobile=nc

So the pipeline gives all the risk to the US, for little or no benefit in terms of our oil situation (the DOE report on the pipeline says the amount of oil entering the US from Canada would be unchanged with or without the pipeline).

 

[WhiteKnight]

We only get about 18% of our oil from OPEC, we get about 20% from Canada and Mexico and about 16% from other countries, the rest we produce ourselves.

Notes: I rounded all the numbers and the best source is the U.S. Energy Information Administration.

Oil is a global market. Robert.Boston can explain it to you.

 

[Uncle Ron]

EDIT,,