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You're forgetting the trucking companies and railroads also charge tolls. Their tolls are higher than the ones pipelines charge. The pipeline will make oil cheaper, not more expensive. You're assuming that the oil will magically get to market at no cost if the pipeline isn't built. Why would any oil producer use the pipeline if trucks and railroads were cheaper?
Who said anything about trucking and railroads? The construction alone will require Trans Canada to pass the expense along and charge the oil companies more. Expanding piping when there is not actually a need will cause prices to increase also, because they will need to increase their tolls even more to cover the costs of their vast infrastructure that they operate.
IF the oil isn't going to market via pipeline or truck or rail, then how is it getting to the market? The cost of transporting the oil is always passed on to the consumer, but the cost of transporting it by pipeline is the lowest. Who is going to "increase the cost of their tolls?" When you build a new toll highway 'A,' does that force you to increase the fair on toll highway 'B?' How did you determine there wasn't a need?
Does anything you say have any connection with reality?
The cost of transporting the oil is always passed on to the consumer, but the cost of transporting it by pipeline is the lowest.
Who is going to "increase the cost of their tolls?"
When you build a new toll highway 'A,' does that force you to increase the fair on toll highway 'B?'
How did you determine there wasn't a need?
Does anything you say have any connection with reality?
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
The total drain on Americas economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canadas National Energy Board.
Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldnt benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
Increased supply raises prices.
Good one
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
The total drain on Americas economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canadas National Energy Board.
Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldnt benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
Increased supply raises prices.
Good one
Gas prices: Keystone XL will increase gas prices for AmericansEspecially Farmers
By draining Midwestern refineries of cheap Canadian crude into export-oriented refineries in the Gulf Coast, Keystone XL will increase the cost of gas for Americans.
TransCanadas 2008 Permit Application states Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.
Independent analysis of these figures found this would increase per-gallon prices by 20 cents/gallon in the Midwest.
According to an independent analysis U.S. farmers, who spent $12.4 billion on fuel in 2009 could see expenses rise to $15 billion or higher in 2012 or 2013 if the pipeline goes through. At least $500 million of the added expense would come from the Canadian market manipulation
Key Facts on Keystone XL | Tar Sands Action
Increased supply raises prices.
Good one
Gas prices: Keystone XL will increase gas prices for AmericansEspecially Farmers
By draining Midwestern refineries of cheap Canadian crude into export-oriented refineries in the Gulf Coast, Keystone XL will increase the cost of gas for Americans.
TransCanadas 2008 Permit Application states Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.
Independent analysis of these figures found this would increase per-gallon prices by 20 cents/gallon in the Midwest.
According to an independent analysis U.S. farmers, who spent $12.4 billion on fuel in 2009 could see expenses rise to $15 billion or higher in 2012 or 2013 if the pipeline goes through. At least $500 million of the added expense would come from the Canadian market manipulation
Key Facts on Keystone XL | Tar Sands Action
Speculation..... Let me know when it has the capacity to effect world prices.
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
The total drain on Americas economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canadas National Energy Board.
Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldnt benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
If Obama pulled a Holocaust you and every progressive would justify it in their mind(s)..
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
The total drain on Americas economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canadas National Energy Board.
Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldnt benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
Your source is from a group Openly opposed to any expansion of the Oil Sands Production.
Do you guys even try to pretend to care about Facts?
Gas prices: Keystone XL will increase gas prices for AmericansEspecially Farmers
By draining Midwestern refineries of cheap Canadian crude into export-oriented refineries in the Gulf Coast, Keystone XL will increase the cost of gas for Americans.
TransCanadas 2008 Permit Application states Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.
Independent analysis of these figures found this would increase per-gallon prices by 20 cents/gallon in the Midwest.
According to an independent analysis U.S. farmers, who spent $12.4 billion on fuel in 2009 could see expenses rise to $15 billion or higher in 2012 or 2013 if the pipeline goes through. At least $500 million of the added expense would come from the Canadian market manipulation
Key Facts on Keystone XL | Tar Sands Action
Speculation..... Let me know when it has the capacity to effect world prices.
It's not about lowering prices, it's about securing a good source of oil from a close, friendly ally, instead of buying from Countries ran by questionable governments that wish to see us harmed.
You guys are unbelievable.
Speculation..... Let me know when it has the capacity to effect world prices.
It's not about lowering prices, it's about securing a good source of oil from a close, friendly ally, instead of buying from Countries ran by questionable governments that wish to see us harmed.
You guys are unbelievable.
not going to America it is going to the world market
It's not about lowering prices, it's about securing a good source of oil from a close, friendly ally, instead of buying from Countries ran by questionable governments that wish to see us harmed.
You guys are unbelievable.
not going to America it is going to the world market
Increased supply does not increase the price.
Yes shifts in supply will take place. Thats all you have proven.
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 – $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
•The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
•The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
•The total drain on America’s economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canada’s National Energy Board.
•Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
•TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
•The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldn’t benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
Supply and demand are the dictator of commodity prices. More oil--means less at the gas pump--less available oil means higher prices.
Obama DID NOT turn down the pipeline because of cost concern--he did it because he caved in to the EPA--even though this project has been studied for the last 3 years.
The 1,700-mile Keystone XL pipeline would carry an estimated 700,000 barrels of oil a day from tar sands in Alberta, Canada, to refineries in Texas, passing through Montana, South Dakota, Kansas, Nebraska and Oklahoma.
Harper had called approval of the project a "no-brainer." And he has suggested that politics played a factor in the Obama administration's delay. The State Department in November ordered that the pipeline be rerouted and subject to further environmental review, drawing cheers from environmental groups and howls from Republicans about lost job creation.
http://www.boston.com/news/politics...ma_warns_gop_not_to_tie_pipeline_to_tax_cuts/
Do liberals ever think for themselves, or just gobble up every dumb thing they read or the Obama says, as FACT?
Obama DENIED the citizens of this county JOBS
that my friends IS ALL YOU NEED TO KNOW
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
The total drain on Americas economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canadas National Energy Board.
Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldnt benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
Supply and demand are the dictator of commodity prices. More oil--means less at the gas pump--less available oil means higher prices.
Obama DID NOT turn down the pipeline because of cost concern--he did it because he caved in to the EPA--even though this project has been studied for the last 3 years.
The 1,700-mile Keystone XL pipeline would carry an estimated 700,000 barrels of oil a day from tar sands in Alberta, Canada, to refineries in Texas, passing through Montana, South Dakota, Kansas, Nebraska and Oklahoma.
Harper had called approval of the project a "no-brainer." And he has suggested that politics played a factor in the Obama administration's delay. The State Department in November ordered that the pipeline be rerouted and subject to further environmental review, drawing cheers from environmental groups and howls from Republicans about lost job creation.
Obama, Harper show no budge on pipeline dispute - Boston.com
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
The total drain on Americas economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canadas National Energy Board.
Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldnt benefit from the crude oil piped in through the Keystone XL.
QUOTE]
Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
It's not about lowering prices, it's about securing a good source of oil from a close, friendly ally, instead of buying from Countries ran by questionable governments that wish to see us harmed.
You guys are unbelievable.
not going to America it is going to the world market
America is part of the world oil market. I know...this is a paradigm shift for you. Years of liberal brain washing has left you un-prepared for a reality check. Unlike gas markets, oil is very liquid with an active spot market. The main difference between a barrel of oil in China and one in Ohio is the $3-4 a bbl shipping cost. There are crude quality premiums/discounts, but they are about the same for most refineries.
The cost of transporting the oil is always passed on to the consumer, but the cost of transporting it by pipeline is the lowest.
What's your point?
Who is going to "increase the cost of their tolls?"
The companies who own and operate the pipelines.
This is a rather irrelevant question, and you seem to be trying to make an entirely inappropriate analogy. We're not talking about tolls on highways. We're talking about oil pipelines. I don't know all the details, I'm still gathering information. But what I've learned is that Trans Canada has ALREADY been increasing its tolls because of the current infrastructure exceeding capacity that is needed. As the article asks "Who pays if a shipper has no need to ship more oil?"
Based on the article I posted, and a few other things I've been reading, trying to get more information. I wanted to understand how the pipeline would allegedly increase the price of gas. According to the article there is so much extra capacity currently that analysts predict that if/when the Keystone pipeline is completed in the US, oil pipelines flowing from Canada to the US will run at about 50% capacity.
Does anything you say have any connection with reality?
Everything. The reality is that simply moving oil through the US will not automatically cause a decrease in pump prices. Especially since it seems that the main goal is to open Canadian oil for export out of the US via the gulf.
Your source strongly opposes the oil and gas industry. From your link:
DirtyOilSands.org is brought to you by an international network of citizen and indigenous groups that oppose the expansion of the Canadian tar sands and advocate for its cleanup, including:
About the Network - - Dirty Oil Sands
but the study came from the Canadian Oil company that would build the pipeline.
The statistics come from a source who's only reason for being is to stop the pipeline from being built. We have "their" word that the statistics are accurate and for some reason they didn't provide a link TO the study from which those statistics were taken. I'm baffled as to why building a pipeline across the MidWest would raise the price of oil or gas for people in the MidWest. Care to explain why that would take place?
not going to America it is going to the world market
America is part of the world oil market. I know...this is a paradigm shift for you. Years of liberal brain washing has left you un-prepared for a reality check. Unlike gas markets, oil is very liquid with an active spot market. The main difference between a barrel of oil in China and one in Ohio is the $3-4 a bbl shipping cost. There are crude quality premiums/discounts, but they are about the same for most refineries.
oh please ! you guys gotta quit it with the sheepish Rush/Fox insults it's getting old.
