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Old 03-07-2017, 07:31 AM
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Originally Posted by Guest
That pipeline is to SELL oil. Oil from Canada piped and shipped from the Gulf of Mexico to European customers.

The US has the "most" oil...only if you count oil locked up in shale...VERY expensive to get out. As for easy to get, free flowing oil...it's still SA, Venezuela, the ME countries, Russia...
Your argument about shale is wrong.

"Fast forward 40 years and the world has changed drastically, with booming U.S. oil production from the shale revolution creating an epic supply glut that recently sent oil prices below $30 a barrel."

After 40-year ban, U.S. starts exporting crude oil - Jan. 29, 2016