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Thread: Keystone oil sands pipeline rejected

  1. #161
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Eighty Deuce View Post
    Yeah, its such rocket science. A pipeline running dead down the center of the US. Pumping oil from our buddies in Canada. Couldn't possibly be a part of our energy independence from ME oil equation.

    We have to pretend its not there, it would seem. Move along.

    I thank God daily that when I was born, the doctor had a good grip, and did not drop me on my head. Lest I be so stupid so as to think that pipeline is not a part of our solution. I'm serious as a heart attack.
    It makes no difference where we import the oil from -- don't you get that? Oil is a commodity. If we don't buy it from the ME then the Chinese or Europeans will.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by AdamT View Post
    It makes no difference where we import the oil from -- don't you get that? Oil is a commodity. If we don't buy it from the ME then the Chinese or Europeans will.

    Here's a hint, we still need oil in this nation...I don't see too many sails on cars.

    j-mac
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by AdamT View Post
    It makes no difference where we import the oil from -- don't you get that? Oil is a commodity. If we don't buy it from the ME then the Chinese or Europeans will.
    Oh good gracious !! Yeah, it "makes no difference", so long as it is flowing from them to us, and we are paying the price they set.

    Which means it makes a ton of difference.

    In all candor, I am continually amazed at the shallow-mindedness of liberal America. I see too many views as just plain stupid, and I know that "stupid is forever", but I am still both amazed, and even more disappointed. God save the Republic.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Eighty Deuce View Post
    Oh good gracious !! Yeah, it "makes no difference", so long as it is flowing from them to us, and we are paying the price they set.

    Which means it makes a ton of difference.

    In all candor, I am continually amazed at the shallow-mindedness of liberal America. I see too many views as just plain stupid, and I know that "stupid is forever", but I am still both amazed, and even more disappointed. God save the Republic.
    What constantly blows me away is that so-called pro-business conservatives haven't a clue as to how business or markets work.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by AdamT View Post
    What constantly blows me away is that so-called pro-business conservatives haven't a clue as to how business or markets work.

    You must be right. Obama sure has their number. I am so glad that he got unemployment back under 5%....Oh, wait....


    j-mac
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by j-mac View Post
    The claim that the oil from Canada will not benefit us here in the US is laughable, and really nothing but a talking point from the anti XL pipeline crowd...As usual not based in fact.

    j-mac
    i'm listening

    tell us why the oil we import from canada will benefit us in any way differently than the oil we import from the ME, venezuela, nigeria or mexico
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  7. #167
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by justabubba View Post
    i'm listening

    tell us why the oil we import from canada will benefit us in any way differently than the oil we import from the ME, venezuela, nigeria or mexico
    This blog article seems to articulate well the costs and benefits IMO...

    Light sweet crude in North Dakota is still selling for $20/barrel less that you could get for it if you could find a cheap way to transport it to the Gulf of Mexico. A quick calculation suggests that infrastructure that could move 500,000 barrels a day would generate $3.6 billion in annual value added. That benefit would go to the people who work to build the pipeline, motorists who buy the gasoline, workers and companies that produce the oil, and the government that collects taxes from all the rest.
    Econbrowser: Costs and benefits of the Keystone XL pipeline

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by AdamT View Post
    What constantly blows me away is that so-called pro-business conservatives haven't a clue as to how business or markets work.
    What blows me away is that liberals think they know ..... anything ? The ignorance is so deep ...... I wish we could export it .... all of it.

    Stupid is forever ... but forever does not have to be here. I want it to be there. Or "there". Anywhere but here.

  9. #169
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by drz-400 View Post
    This blog article seems to articulate well the costs and benefits IMO...



    Econbrowser: Costs and benefits of the Keystone XL pipeline
    let's examine these allegations:
    Light sweet crude in North Dakota is still selling for $20/barrel less that you could get for it if you could find a cheap way to transport it to the Gulf of Mexico.
    that $20 differential represents the additional expense needed to transport the oil to the oil market place. once it arrives there, its cost will be at parity with the other oil on the international market
    in short, what may appear to be a bargain at the well head is no longer discounted at the marketplace
    A quick calculation suggests that infrastructure that could move 500,000 barrels a day would generate $3.6 billion in annual value added.
    as was noted above, once the cost of transport to the end market is added to the $80 per barrel well head price, that $3.6 billion is lost to cover the expense of transport before a pipeline becomes available
    there is NO financial benefit which will accrue
    That benefit would go to the
    people who work to build the pipeline,
    $1 billion in wages (assuming a $50K annual wage) would go to the workers during the total span of construction leaving $3.6 billion in additional profit for the oil company annually thereafter
    motorists who buy the gasoline,
    it was estimated by a cite earlier provided, that the price of gasoline is expected to be reduced by $1 per barrel, 1%, due to the resulting additional supply in the world's marketplace. hardly a savings worth the added environmental problems that are expected to result (20-40% increased emissions above that resulting from processing common crude)
    workers
    i don't see any benefits going to the workers, other than those man years required to construct the pipeline. maybe you will point out how workers other than the pipeline builders will benefit
    and companies that produce the oil,
    yes, the oil companies will accrue an additional $3.8 billion annually while our citizens are subject to loss of use of their properties thru eminent domain, our nation is subjected to additional environmental toxicity, and our aquifers and habitats are placed at needless risk, to allow the oil inductry to generate those additional profits
    and the government that collects taxes from all the rest.
    sorry. we are going to use X amount of oil no matter where it comes from. the taxes on X amount of oil consumed will not change if the pipeline is allowed to be constructed
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  10. #170
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by justabubba View Post
    i'm listening

    tell us why the oil we import from canada will benefit us in any way differently than the oil we import from the ME, venezuela, nigeria or mexico
    You feel secure about oil from the ME ? Why ?

    What is it about Hugo Chavez that gives you a boner ?

    Nigeria is to bank on because why ? Nigerian bank scams ?

    At least Mexico is right there, like Canada.

    Were you a petroleum product buyer during the oil embargo ? Have you ever waited an hour or two to buy 10 gallons of gas ? Ever been told you could not buy gas on an even calendar day because your licence plate ended in an odd number ?

    This is pathetic.
    Last edited by Eighty Deuce; 01-20-12 at 11:00 PM.

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