First, Keystone XL does NOT "bypass the United States," as the President claimed it did in the earlier statement. A consultants report from IHS Energy found in February that "Canadian crude making its way to the USGC (the US Gulf Coast) will likely be refined there, and most of the refined products are likely to be consumed in the United States."
This is hopefully the lowest point of the recession, but what if it's not? When are we going to show some compassion for our brothers and sisters? We are all just working for the man, aren't we? We aren't seeking your sympathy, we don't want any remorse. Just have some damn respect while we pinch our pennies until things pick up again.
Falling oil prices is expected to affect the Canadian economy. The low prices may have different effects on the Canadian economy and in various geographical locations of the country. The oil sands in Alberta require high oil prices for the extraction of oil to be feasible. A fall in oil prices may make the production of oil in Alberta economically unfeasible.