Why Keystone Is Delayed

Discussion in 'Energy' started by Billy_Kinetta, Nov 7, 2015.

  1. Billy_Kinetta
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    Billy_Kinetta Paladin of the Lost Hour Gold Supporting Member Supporting Member

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  2. The Breeze
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    The Breeze Gold Member

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    [​IMG]
     
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  3. tinydancer
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    tinydancer Diamond Member

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    I just now read the article in entirety. It's breathtaking how these people believe that they can just "posture" their way into bullying other countries to reduce CO2 by this bullshit.

    Someone better send Kerry a memo because when they meet up in Paris reality will hit home. Kerry and Obama will have no credibility.

    America has built the equivalent of 10 Keystone pipelines since 2010 — and nobody said anything

    [​IMG]

    America has built the equivalent of 10 Keystone pipelines since 2010 — and nobody said anything
     
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  4. dannyboys
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    dannyboys Gold Member

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    For all you (cough) environmentalists. Imagine one of these rail cars leaving the track and exploding. Or a drunk driver smashing into one at a train crossing. Guess what would happen to all the other rail cars? GOLD STAR!
    Quebec rail car explosion - Google Search
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Now the project faces the possibility of death by economics...
    [​IMG]
    Keystone XL Pipeline Survives Politics But Economics Could Plug It
    Thursday 3rd August, 2017 - The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics.
     
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  6. tinydancer
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    tinydancer Diamond Member

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    TransCanada is going to make a final decision on this small branch of the Keystone pipeline infrastructure by December. The company is rolling in cash so it's not as if TransCanada has been killed by the enviro whackos. Or Obama's stunt blocking the XL.

    Check this out. It's winning stock to be sure.

    Profits helped by U.S. pipelines
    The company's profits on Friday were helped by strength in its U.S. natural gas pipelines and liquids pipelines units.

    Revenue from the company's U.S. natural gas pipelines unit more than doubled to $879 million. Its net income attributable to shareholders rose to $881 million, or $1.01 per share, in the second quarter ended June 30, compared with $365 million, or 52 cents per share, a year earlier.

    On an adjusted basis, the company earned 76 cents per share beating analysts' estimate of 69 cents per share, according to Thomson Reuters I/B/E/S.

    Revenue rose nearly 17 per cent to $3.22 billion.

    TransCanada to make final decision on Keystone XL by December
     
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  7. william the wie
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    william the wie Gold Member

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    The situation is somewhat worse than it appears. With more fields coming online worldwide the glut will worsen and the Alberta sands will go down in value. Canada, Venezuela, Russia and Iran will get hit particularly hard by the glut. Worse yet really cheap energy that cannot get pipeline deals are a dime a dozen in Africa and Latin America. Israel, of all places, is becoming a net energy exporter.
     
  8. waltky
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    waltky Wise ol' monkey Supporting Member

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    WtW wrote: ...Venezuela, Russia and Iran will get hit particularly hard by the glut.

    Granny says, "Dat's right...

    ... serves `em right."
     
  9. Old Rocks
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    Old Rocks Diamond Member

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    The Keystone line will be carrying oil from the dirtiest mining operation in the world. We should not allow any of that oil into this nation.
     
  10. tinydancer
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    tinydancer Diamond Member

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    Liar.
     
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