The prospects for the purpose of bringing the Canadian crude oil to the domains of the United States is more like a contentious issue which would be subject to a number of debates and arguments. The US government is also in a deep state of thinking about whether or not to allow the use of the keystone pipeline which has been quite controversial from the very start.
The core assumption here is that the oil would be brought into the United States through the use of a train. This proposal had been mentioned in the report submitted by the US State Department. The report also said that the development of the Canada’s oil rich regions would be able to continue at the same pace with or without the use of the pipeline. This finding did undercut the various warnings which have been used from the side of the environmentalists who are of the view that would cause a spike of greenhouse gas releases and emissions.
The proponents for this 1200 mile long pipeline said that taking this large amount of oil would make the oil dirty and there would also be more chances of some mishaps. The pipeline was used for delivering the oil from the Alberta Province of Canada towards the major refineries on the Gulf Coast of the United States. Moreover, they also said that the market is also going to adopt rail if this project would be stopped or halted. The report from the side of the State Department is also endorsing the view.
But there are some industry officials and energy analysts who are of the view that it is unclear that whether or not the industry is willing to make the use of train and should the US government rule in opposition to the TransCanada Corp. They also added that the transport would be so expensive that the oil might not be able to reach Texas in the manner it did using the pipeline which was a lot cheaper. The experts have also pointed towards the lighter quantities of the crude oil which lie 900 miles closer to the regions of the Gulf. The US Government is also expected to make a final decision in this regard till the end of the year. Surely, the importance of the oil business in the country cannot be undermined or underestimated at any level.