More Keystone Pipeline Bullshit

This Bloomberg report appears to say that the tar sands oil which Canada wants to send down the Keystone XL pipeline was intended for the US market:

http://www.bloomberg.com/news/2014-05-02/how-canada-s-flirtation-with-a-china-oil-market-soured.html

That is total bullshit, as I mentioned in a previous post:

http://sainthoward.blogspot.com/2014/03/keystone-xl-pipeline-will-not-benefit-us.html

The facts:

Keystone XL is an export pipeline. The Port Arthur, Texas, refiners at the end of its route are focused on expanding exports to Europe, and Latin America. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.

Valero, the key customer for crude oil from Keystone XL, has explicitly detailed an export strategy to its investors. Because Valero’s Port Arthur refinery is in a Foreign Trade Zone, the company can carry out its strategy tax-free.

In a shrinking U.S. market, Keystone XL is not needed. Since the project was announced, the oil industry acknowledges that higher fuel economy standards and slow economic growth mean declining U.S. oil demand, even as domestic production is booming. Oil from Keystone XL will therefore displace American crude from new, “unconventional” domestic fields in Texas or North Dakota.

http://priceofoil.org/2011/08/31/report-exporting-energy-security-keystone-xl-exposed/

If Bloomberg is still lying about this, why should we believe what he's telling us about gun control? I believe that his foray into Texas politics has little to do with the safety of our children and much to do with making money from this damn pipeline from hell.