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Thread: Keystone oil sands pipeline rejected

  1. #321
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by j-mac View Post
    ]...] Until we get serious and start tapping our own reserves that right now are kept under lock and key, in favor of making America MORE dependent on foreign sources, then the price will skyrocket [...]
    We don't have enough oil to affect global oil prices beyond a few percent.

    Anyone who knows anything knows that.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Karl View Post
    We don't have enough oil to affect global oil prices beyond a few percent.

    Anyone who knows anything knows that.
    But...we have the largest supply of natural gas in the world.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by j-mac View Post
    [...] Peak Oil is a man made phenomena. [...]
    Peak Oil is a simple concept; even the right should be able to understand it

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by apdst View Post
    But...we have the largest supply of natural gas in the world.
    What does Rush Limbaugh have to do with this?

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by teamosil View Post
    No, that isn't how it works. If we tried to pressure some producers into selling here, the prices would just go up elsewhere, so then the other producers that currently sell here would go sell there and it would all even out. You can't manipulate prices in one part of a global market. You would need to either control the whole market or segregate us from the larger market.

    But, the supply and demand was about gas, not oil. Gas demand is pretty volatile, but supply is relatively fixed because we have a fixed number of refineries.
    You absolutly CAN manipulate prices in the global market. You do it by controlling the import/export taxes and policies in the country it originates from. Japan exports all kinds of things into America, yet their own policies make it very difficult for something made in America to be imported into their country. This not only improves their domestic market by eliminating foreign competition, but since most of our electronics and cars are imported from Asia, it also gives them power over OUR domestic market. We can use the same tactic for our own benefit. There is nothing REQUIRING us to sell our own oil, to ourselves, at global prices. It is our oil after all. Just because it DOESNT work that way right now, doesnt mean it CANT.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Dpetty View Post
    [...] There is nothing REQUIRING us to sell our own oil, to ourselves, at global prices. It is our oil after all. [...]
    No, it is not "our" oil. It belongs to whatever oil company that pumps it out of the ground.

    I cannot believe that has to be explained

    For your plan to work, the government would have to nationalize the oil companies.... comrade.

  7. #327
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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by apdst View Post
    Quote Originally Posted by Karl View Post
    Quote Originally Posted by j-mac, replying to Higgins86 View Post
    [...] Until we get serious and start tapping our own reserves that right now are kept under lock and key, in favor of making America MORE dependent on foreign sources, then the price will skyrocket [...]
    We don't have enough oil to affect global oil prices beyond a few percent. Anyone who knows anything knows that.
    But...we have the largest supply of natural gas in the world.
    You would have a valid point if a) the thread were about natural gas, and b) your post was correct. Sadly, neither is the case.

    The U.S. is a distant 6th in world proven natural gas reserves ( List of countries by natural gas proven reserves - Wikipedia )

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by j-mac View Post
    Wait just a gall darn minute here....The supposed "Jobs bill" that had little to do with actual jobs being created, and more to do with all kinds of poison pills, and payoffs to Obama supporters? That Jobs bill?


    j-mac

    you know thats how politics works " scratch my back " etc

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Higgins86 View Post
    Maybe if the GOP had not of blocked his jobs bill or stood in the way of high speed rail then he might of approved this. Can't expect the guy to play ball with you if your not going to throw the ball back!
    Maybe if the GOP had not tried to ram it up his ass, he might have approved it quietly or shortly after the election.

    However, that would not have given them a campaign issue, so they did something that they knew he would fight back on -- in order to give them the campaign issue they wanted. So, in effect, the only people to blame if the pipeline is not built is -- the GOP, who, once again prove that they will throw America under the bus for political gain.

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    Re: Keystone oil sands pipeline rejected

    Quote Originally Posted by Karl View Post
    Maybe if the GOP had not tried to ram it up his ass, he might have approved it quietly or shortly after the election.

    However, that would not have given them a campaign issue, so they did something that they knew he would fight back on -- in order to give them the campaign issue they wanted. So, in effect, the only people to blame if the pipeline is not built is -- the GOP, who, once again prove that they will throw America under the bus for political gain.
    Case in point:
    "Republican leaders have been signaling they want to get the tax issue off the agenda quickly this time, following a public relations disaster last month when they were viewed as standing in the way a temporary tax cut extension that ultimately was enacted.

    Earlier this week, Obama rebuffed Republicans when the White House announced that a 60-day fast-track approval imposed by Congress was inadequate for weighing the environmental impact of the proposed pipeline route. As a result, the administration turned down the application but said new requests to build the project would be considered.

    Republicans see Keystone as a pivotal campaign issue to use against Democrats in November’s presidential and congressional elections, arguing that the pipeline will create thousands of much-needed jobs while helping secure the country’s energy future.

    “We are committed to keeping it on the front-burner,” said Representative Fred Upton, who chairs a House committee that oversees U.S. energy policy.

    Upton also holds another important position as a negotiator on payroll tax cut legislation that is expected to move through Congress in coming weeks. In December, Republicans successfully attached the 60-day Keystone approval clock to a two-month extension of Obama’s payroll tax cut.

    Congress has until February 29 to either continue a two percentage point cut in payroll taxes for 160 million workers or be blamed for raising taxes during an election year.

    At a press conference, Upton expressed his desire to again try to force the construction of Keystone by attaching legislation to the next payroll tax cut bill. With fellow Republican Greg Walden, another payroll tax bill negotiator, standing with him, Upton said, “I’ve got to believe that at least two of us will be pushing for that.”

    But Upton would not say whether House Speaker John Boehner, who will have a say in the final deal on the payroll tax cut legislation, also wants Keystone included in the tax bill again. Earlier this week, Boehner said many options were possible.

    Representative Lee Terry, whose home state of Nebraska would host part of the pipeline, told reporters that a highway construction funding bill Congress is likely to consider this year is one of the other measures that Republicans are thinking of using to target for Keystone."


    By attempting to Bully the President of the United States, the GOP pretty much forced Obama to grow some balls if he wants to seem Presidential in November...this miscalculation has likely not only backfired, but possibly started Obama on the offensive.

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