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Remember that old catchphrase from a few elections ago. People (mostly on the left) ridiculed it at the time.
But you know what? They've been drilling, and it worked. We're about to overtake Saudi Arabia as the worlds largest oil producer. And they keep finding new fields and/or ways to get much more oil out of existing ones.
..and how is private companies doing what they do somehow worthy of a political discussion? Fracking is why the US is taking over as a leader in oil and gas production. It has nothing to do with any politician.
Do we need a pipeline to move gas and diesel to China?? I guess that the question. The refiners in Houston want the pipeline. Meanwhile here in the NW we are seeing oil trains moving from Canada and ND and for the first time in a really long time we are seeing cheaper gas prices. The prices in my town are almost the same as in Tucson, Arizona and I have never seen that. I also see two oil trains a day go past that never went past to Puget Sound refineries.. So lets send the crude to china and pay higher prices?? Make the argument please. The oil trains are here already.
They will just shut it all down here soon like they capped all the wells back in the seventies to force folks to buy oil from the arabs who we cut a deal with to only sell it in US dollars.
I think we're getting to the point of not needing Canada either. But yes, we should still build the pipeline, and integrate into it feeds from the N. Dakota and Montana fields.
In point of fact, we should probably be building refineries up there, and shipping out finished product, not crude.
Remember that old catchphrase from a few elections ago. People (mostly on the left) ridiculed it at the time.
But you know what? They've been drilling, and it worked. We're about to overtake Saudi Arabia as the worlds largest oil producer. And they keep finding new fields and/or ways to get much more oil out of existing ones.
They will just shut it all down here soon like they capped all the wells back in the seventies to force folks to buy oil from the arabs who we cut a deal with to only sell it in US dollars.
That is almost correct, they capped wells because it wasnt cost effective to run well at a loss if Arabian sweet crude was 20$ a barrel and it cost 30 US to bring it up here.
The fields are flowing because that sweet crude is drying up and crude is a 85$ at barrel.
I think it's great, in no small part because it bamboozles the cons who still cling to the fantasy that Obama has, or wants to, "shut down" oil and gas production.
The reality is that this energy boom has largely taken place on his watch. Obviously he's not responsible for it, but he hasn't done much to hinder it either. Worst Enviro-Nazi President ever.
Democrats opposed drilling and reduced drilling on federal lands. However, drilling increased on private lands. Democratic politicians even made fun of "drill baby drill" saying it wouldn't work. Now that it worked, they're trying to take credit for something they opposed.
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