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Build the Keystone pipeline, make US energy independent!
Make us energy independent with foreign (Canadian) oil? How's that going to work?
It seems to me like not building this pipeline was pretty dang genius. Even with out it, we have record levels of oil surplus. Prices are so low that oil producers are cutting jobs and prices are falling at the gas tank.
Tell me again (in real world terms, please) how adding even more foreign oil to our supply surplus is going to help US producers? Tell me again how passing foreign oil over our land is going to create all that money (for us)?
How many times do you people need telling? It ceases to be Canadian oil the second Americans buy it to then sell for a profit overseas. That would be BEFORE it's even shipped out of Canada.
In what universe would you believe Canada pays an American company to ship it's oil to refineries on the gulf coast to then pay those American companies to upgrade it to then sell it overseas when they are already selling all of it they can dig out of the ground to American companies at point of extraction?
The Keystone Pipeline is merely a transportation company who will charge by the barrel for AMERICAN purchased oil to be shipped through it's pipe to wherever Americans want it to go. That pipeline is being driven by AMERICAN companies who want to ship it cheaper from point of extraction and purchase than loading it onto AMERICAN Warren Buffets trains and paying him whopping fees.
In what universe does any manufacture of a product, after selling the product, pay for it's shipping and further processing to then be sold by foreign owners?
Once again; any oil spilled on American soil is AMERICAN oil. It became American oil when AMERICANS bought and paid for it prior to shipping at point of extraction.
Do yourselves a favour and google search who is buying the stuff and who is then shipping it at what costs they want to minimize through the building of a pipeline, to then find out what companies owned by who, is then upgrading it at refineries they own to then sell for profits overseas. IT AIN'T CANADA!
Gads this would be so funny if it weren't a fact you people were serious with parroting this bullcrap.
Well that helps me a lot. So really, it's no better or worse than the "American Oil" that we bought in the middle east and bring over here to refine? OK, now I feel better.
It seems to me like not building this pipeline was pretty dang genius. Even with out it, we have record levels of oil surplus. Prices are so low that oil producers are cutting jobs and prices are falling at the gas tank.
That is because of OPEC, US/Canadian producers are a threat. It cost more to extract oil here and by keeping the oil supply high OPEC is trying to put them out of business so they can strangle the supply in the future.
Well, Keystone XL would only create about 35 permanent jobs, according to research.
The critical link down to the Gulf coast from Oklahoma was approved, and 3 out of 4 segments are operating. The last XL segment provides a shortcut that essentially duplicates service the pipeline already has from Hardisty, Alberta to Steele City, Nebraska, so is a luxury but not critical to getting oil moved like the extension to the Gulf coast was.
Anyway, as oil prices have fallen and the industry has downsized staff, many business analysts question whether it's still economically necessary.
LOL. So a few thousand miles long pipeline would only need 35 people to manage??? That doesn't even make sense.
The pipeline stats on the southern portion put a end to that so called 35 jobs. In fact it would lower consumer cost by lowering transport cost besides eliminate the higher hazardous transport we have seen by rail. But its unlike Canada now interested in investing the money. Its also likely to effect refiners in some areas and lead to shutdowns on cost not being competitive. That itself will lead to higher cost in some areas especially those who require special season formulas that are already higher. China seems interested in a pipeline to share cost or Finance itself to western coast to secure a future supply of oil. China is now the largest car market in the world and will only grow more so in future. GM report on earning show China to be their largest market now and slowdown effects they see in next quarter earnings. The glut in center of country means Saudi advantage on cost to be imported to coastal states. From steel to other service they are feeling the price cut first and as FED stated its the major factor in not meeting inflation goals.
Well that helps me a lot. So really, it's no better or worse than the "American Oil" that we bought in the middle east and bring over here to refine? OK, now I feel better.
Well; if you're upgrading it to sell to foreign buyers or to make computer cases and shampoos; that's leaving more of your own stuff alone to use as fuel stocks .......right? Feel better now?
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