The 2015 lifting of the ban on oil exports from
US will result in the majority of crude coming down the pipeline getting exported. I recall this as one of the reasons why the State Dept concluded keystone would not enhance our petrochemical national security.
Energy security is an interesting topic obviously in the Ukraine/Russia context. Everyone is still digesting the implications of the surprising support in Germany for their new direction. On a related note, there’s a lot of handwringing regarding Russian capture of nuclear power plants. We’d feel pretty calm about Russian capture of solar or wind farms![]()
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