Political Quotes

“Reclaiming my time, if it exists already, I don't know why you are passing this bill. The truth is it does not exist to move the oil from the tar sands of Canada to our ports for export. That is what we are talking about here. As far as I can tell, there is nobody who wants to pay to build it because it doesn't make economic sense with oil at $52 a barrel. It might be a different discussion when oil is $110, $100, or even $90 a barrel. We had statistics that about 90 percent of the tar sands production requires oil at $75 a barrel and about 100 percent of it requires oil at $65 a barrel. When oil is about $52 a barrel, nobody is going to pay for this pipeline. It is a phantom pipeline. We are talking about issues that might have made sense to talk about if somebody actually wanted to do this pipeline, but before we waste the deliberative efforts of this body on a topic like this, we would like to see some evidence that somebody actually wants to build a pipeline there in the first place, not to mention that the other reason it is a phantom is nobody knows what the routing is going to be. It is still in flux. There is a lawsuit. Where is the final routing going to be? Not only are there serious doubts about who will finance the pipeline, but in addition, we don't even know where it is going to be. By the way, the costs of the pipeline have gone up.…”