TransCanada may shorten pipeline screwing over Obama and his power play

Discussion in 'Politics' started by tinydancer, Jan 20, 2012.

  1. tinydancer
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    tinydancer Diamond Member

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    This is awesome. We've dealt with enough left wing lib lunatics in power for years up here and we can smell liberal political bullshit a mile away.

    Everyone knows this was Obama kow towing to enviro whackos.

    Check this out. If they do this Obama and the Feds aren't involved. WhoooooooHooooo!!

    " TransCanada May Shorten Keystone XL

    By Bradley Olson - Jan 19, 2012 2:04 PM CT

    TransCanada Corp. (TRP) may shorten the initial path for its rejected Keystone XL project, bringing oil from Montana’s Bakken Shale to refiners in the Gulf of Mexico and removing the need for federal approval.

    “There certainly is a potential opportunity to connect the Bakken to the Gulf Coast,” Alex Pourbaix, TransCanada’s president of energy and oil pipelines, said in a telephone interview today. “That is obviously something we’ll be looking into over the next few weeks.”

    TransCanada’s $7 billion Keystone XL proposal to bring crude from Canada’s oil sands to the Gulf was rejected yesterday by the Obama administration. The project required U.S. approval because it crossed the border with Canada. The company may seek that approval after it builds the segment from Montana to the Gulf, Pourbaix said.

    The Bakken shale-rock formation is estimated to hold as much as 4.3 billion barrels of technically recoverable oil in North Dakota and Montana, according to a 2008 U.S. Geological Survey report. Oil production in North Dakota surged 42 percent to 510,000 barrels a day in November, exceeding the output of Ecuador.

    Production in the Bakken field may reach 750,000 barrels a day this year, Edward Morse, managing director of commodities research for Citigroup Inc., said at a conference in Calgary today. "


    More at link:

    TransCanada May Shorten Keystone XL - Bloomberg

    :clap2::clap2::clap2:
     
  2. WillowTree
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    WillowTree Diamond Member

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    :lol::lol::lol::lol:
     
  3. Conservative
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    Conservative Type 40

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    good.
     
  4. BlindBoo
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    BlindBoo Gold Member

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    I have no problem with them extending the exsiting pipeline from Oklahoma to the Texas Gulf refineries.
     
  5. Teals_Of_Wonder
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    Teals_Of_Wonder BANNED

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    Obama refuses to add 100,000 or more jobs for US citizens is one of the gayest decisions he's ever made !!! Then again, we all know Obama is Gay, just look at the dude he married.
     
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  6. Conservative
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    dipshit post of the day, that was.
     
  7. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    Ok, that's just wrong.... but I'm, laughing my ass off!
     
  8. Mr. Shaman
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    Mr. Shaman Senior Member

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  9. Mr. H.
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    Mr. H. Diamond Member

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    Bravo for this. :thup:

    What if railroads were never built?
    Environmental damage from such infrastructure eclipses what the Keystone project could ever do.
     
  10. grunt11b
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    grunt11b VIP Member

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    So they plan to build from Montana to the gulf anyways? What if they spend all that money doing that and still get no approval to cross the border into Canada? They would have wasted all that money. Or am I missing something here? Dont get me wrong, I am glad they may accomplish something here, I think I am just missing something.
     

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