03-22-2012, 05:47 PM
I don't understand why Canada doesn't build their own Trans-Canadian pipeline to the their west coast and build a refinery there.
That is very much the "Plan B." Though as I understand it, where it reaches the coast, there is not a sufficient port or refineries. It would all have to be built. There's a lot of local resistance. And if it DOES go to the Canadian coast, it would likely end up straight in Asian markets. Yes, oil is fungible etc., but a Canada port means no chance for an American middle man to make a buck.