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Old 09-28-2011, 05:22 PM
 
Location: The Republic of Texas
66,511 posts, read 33,791,630 times
Reputation: 14243

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The Keystone pipeline, Canada to Texas refineries...


Would it not make more sense to build a refinery, or refineries at the Canada border?

Pipe it down here, just to truck it back up there after refining?

Who is the idiot that thinks this crap up.
Taking peoples property is more important than thinking and common sense?
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Old 09-28-2011, 05:44 PM
 
Location: N. Ga
3,695 posts, read 3,288,777 times
Reputation: 2058
#1.. It is an expansion project.
#2.. A lot of it will run on already existing ROW.
#3.. It's cheaper to build the line than to build a refinery.
#4. It won't be "trucked" back up... it'll run back up to Cushing OK distribution point via existing lines.
#5. At least Trans-Canada is a North American Company vs. Middle Eastern Oil.
#6. I'm not a huge fan of Trans-Canada, but they are very safety oriented.
#7. The biggest problem to overcome... sub-standard pipe. The way I understand it, no companies in the US manufacture pipe anymore. It all comes in from overseas, and sometimes it can be sub-standard. But, each piece is inspected, coated, and x-ray'd here in the states prior to installation..

Now are all pipelines perfect... no... but... it's not all stupidity either once you know the facts.....
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Old 02-20-2012, 11:56 AM
 
Location: Florida
21,660 posts, read 11,125,856 times
Reputation: 7888
Fact is George Soros benefits on the halt of the Keystone Pipeline

http://politicalarena.org/2012/01/23...pipeline-veto/



George Soros and Warren Buffet benefited from Obama Keystone Pipeline Veto
The Democratic Party’s largest single contributors will make money off of the country losing hundreds of thousands of jobs with President Obama killing the Keystone Oil Pipeline from Canada.

Investors Business Daily:

Energy Policy: Killing the Keystone XL pipeline may help one of the world’s richest men get richer. North Dakota’s booming oil fields will now grow more dependent on a railroad the president’s economic guru just bought.

Stop us if you see a pattern here. About the time George Soros — Hungarian billionaire and key donor to leftist groups and the Democratic Party — invested heavily in the stock of the state-run Brazilian oil company Petrobras, President Obama was curbing U.S. offshore oil production and the U.S. Export-Import Bank announced a $2 billion loan to Petrobras to finance deep-water drilling off the pristine beaches of Sao Paulo and Rio de Janeiro.

As he was imposing curbs and moratoria on U.S. offshore drillers, President Obama wished the Brazilians well in the hope we would someday be Brazil’s best oil customer.

Apparently, oil tankers coming from Brazil are better and safer than a pipeline from Canada, whose best customer we will not be if they ship their tar sands oil to China instead.

Interestingly, another billionaire, Obama economic inspiration Warren Buffett, stands to benefit from the Keystone XL pipeline delay.

As oil production ramps up in the Bakken fields of North Dakota, plans to use the pipeline to transport it have been dashed.

As a result, North Dakota’s booming oil producers will have to rely even more on the Burlington Northern Santa Fe (BNSF) railroad, which Buffett just bought, to ship it to refineries.

Buffett’s Berkshire Hathaway has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion. Berkshire Hathaway already owns about 22% of Burlington Northern, and will pay $100 a share in cash and stock for the rest of the company.
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Old 02-20-2012, 02:53 PM
 
3,046 posts, read 2,740,656 times
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I imagine that every single Bush administration official with investments in oil and gas will likely benefit from it too since they have basically the same investments. Billionaires on the Republican side probably have investments in US oil companies as well. Probably a lot of people who post on here will benefit in their 401(k).

Is that tin foil a little tight today? Other than wanting to put forward some emotional agenda that makes you feel better about your love for the right, do you really have a point?

Quote:
Would it not make more sense to build a refinery, or refineries at the Canada border?

Pipe it down here, just to truck it back up there after refining?

Who is the idiot that thinks this crap up.
Taking peoples property is more important than thinking and common sense?
Most of the refineries are down south. The oil is already going to some northern refineries. One of the big criticisms of the pipeline is that TransCanada is the only one who will really benefit. The northern refineries will have to pay more for oil and this will be passed on to consumers in states like MN and IL.
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Old 02-20-2012, 10:06 PM
 
Location: Ohio
19,910 posts, read 14,235,190 times
Reputation: 16091
Quote:
Originally Posted by BentBow View Post
The Keystone pipeline, Canada to Texas refineries...


Would it not make more sense to build a refinery, or refineries at the Canada border?

Pipe it down here, just to truck it back up there after refining?
Uh, Port Arthur, Texas, which is the termination point of the proposed pipeline is a US Commerce Department designated Foreign Trade Zone.

So, why would it be trucked anywhere? It wouldn't be, because the tar sands oil was never intended to be used in the US.

Logic, reason and reality...what a concept.

Also, Canada does not want to build refineries in their backyard. They are adopting the US attitude and treating the US the way the US treats 3rd World Countries, which I find to be poetically just.

Poetically...

Mircea
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