Canada apporves new oil pipeline

[OKTexas]

How does Keystone help the US?

Profit dumb ass. You take raw goods, process them, ship them as finished goods and make a profit.

 

[Rotagilla]

and then there's this little FACT

The Gulf of Mexico Energy Security Act of 2006 (GOMESA) included provisions that:[5]
required 8.3 million acres of the Gulf opened for lease, including 5.8 million acres previously protected by Congressional moratoria;
declared much of the Gulf of Mexico Eastern Planning Area off-limits to oil and gas leasing until 2022, and offering incentives for leaseholders to abandon existing leases within moratorium areas; and
banned oil and gas leasing within 125 miles of the Florida coastline within the Gulf's Eastern Planning Area, or east of the Military Mission Line

really, I just provided the proof, you just provided your ignorance. You and 76 go hump each others leg, maybe one of you will catch an IQ point or two

https://www.govtrack.us/congress/bills/109/s3711#overview

This bill was introduced in a previous session of Congress and was passed by the Senate on August 1, 2006 but was never passed by the House.


S. 3711 (109th): Gulf of Mexico Energy Security Act of 2006

Introduced:
Jul 20, 2006 (109th Congress, 2005–2006)
Status:
Died (Passed Senate) in a previous session of Congress

I know you won't apologize...you'll slink off in silence...or just pretend it never happened..LMAO...fool.

Like the House bill, which also would have opened up the Lease Sale 181 area, S. 3711 allows for revenue sharing with affected coastal states in the Gulf. Indeed, the Bush Administration argued that the revenue sharing provisions were too generous and would deprive the Federal Treasury of needed dollars in the years ahead.

While critics of the House bill complained that it went too far, some critics said the Senate bill did not go far enough, including House members who were originally unwilling to compromise with the much more modest Senate bill.

Critics of the Senate bill noted that the volumes of energy in that bill were small relative to the challenges the nation faces, such as rising oil and natural gas prices, declining production from many existing domestic fields, strong growth in demand due to the growing economy. Others questioned how much of the additional energy that would be made available could have come online anyway under existing provisions. They also noted that the bill would strengthen restrictions on some other energy-rich portions of the Eastern Gulf in order to satisfy the Florida delegation. Some critics believed that this bill might hamper future passage of more comprehensive legislation because the generous Gulf state revenue-sharing provisions might satisfy legislators from the Gulf, who then would have less incentive to join in any subsequent bills to expand drilling elsewhere

whatever, ace..you're credibility is zero at this point.

You make wild, unfounded claims and invent "laws" that don't exist to back up your lies.

Here's a fact;
Greater supply equals lower prices.

Here's another fact;

Producing oil here and importing it from canada is cheaper than importing oil from thousands of miles away across oceans.

 

[Siete]

and then there's this little FACT

The Gulf of Mexico Energy Security Act of 2006 (GOMESA) included provisions that:[5]
required 8.3 million acres of the Gulf opened for lease, including 5.8 million acres previously protected by Congressional moratoria;
declared much of the Gulf of Mexico Eastern Planning Area off-limits to oil and gas leasing until 2022, and offering incentives for leaseholders to abandon existing leases within moratorium areas; and
banned oil and gas leasing within 125 miles of the Florida coastline within the Gulf's Eastern Planning Area, or east of the Military Mission Line

really, I just provided the proof, you just provided your ignorance. You and 76 go hump each others leg, maybe one of you will catch an IQ point or two

https://www.govtrack.us/congress/bills/109/s3711#overview

This bill was introduced in a previous session of Congress and was passed by the Senate on August 1, 2006 but was never passed by the House.


S. 3711 (109th): Gulf of Mexico Energy Security Act of 2006

Introduced:
Jul 20, 2006 (109th Congress, 2005–2006)
Status:
Died (Passed Senate) in a previous session of Congress

I know you won't apologize...you'll slink off in silence...or just pretend it never happened..LMAO...fool.

Like the House bill, which also would have opened up the Lease Sale 181 area, S. 3711 allows for revenue sharing with affected coastal states in the Gulf. Indeed, the Bush Administration argued that the revenue sharing provisions were too generous and would deprive the Federal Treasury of needed dollars in the years ahead.

While critics of the House bill complained that it went too far, some critics said the Senate bill did not go far enough, including House members who were originally unwilling to compromise with the much more modest Senate bill.

Critics of the Senate bill noted that the volumes of energy in that bill were small relative to the challenges the nation faces, such as rising oil and natural gas prices, declining production from many existing domestic fields, strong growth in demand due to the growing economy. Others questioned how much of the additional energy that would be made available could have come online anyway under existing provisions. They also noted that the bill would strengthen restrictions on some other energy-rich portions of the Eastern Gulf in order to satisfy the Florida delegation. Some critics believed that this bill might hamper future passage of more comprehensive legislation because the generous Gulf state revenue-sharing provisions might satisfy legislators from the Gulf, who then would have less incentive to join in any subsequent bills to expand drilling elsewhere

Criticisms of S. 3711 are not without merit. Nonetheless, S. 3711 is, on balance, a small step forward and should be given strong consideration. The energy resources it would open, though only a fraction of the nation's additional deepwater potential, is more than enough to be worth pursuing, and opening the Lease Sale 181 area legislatively leaves fewer potential delays and pitfalls than doing it administratively. Symbolically, this bill would represent the first real signal that Congress is serious about expanding domestic energy production--something that was conspicuously absent from any other recent legislation, including the massive 2005 energy bill. Its success could build momentum for far more important subsequent measures. Under the difficult circumstances of the lame-duck Congress, opening the Lease Sale 181 area is the most realistic way to end 2006 on a positive legislative note for energy policy


so like I said, open deep water/ and offshore drilling and screw a pissant pipeline



http://tbo.com/news/business/white-house-keeps-ban-on-oil-drilling-off-florida-coast-27841


my apology, I was right.

The eastern Gulf of Mexico - an area stretching from 125 to 300 miles off Florida's coast - was singled out for protection by Congress in 2006 as part of a deal with Florida lawmakers that made available 8.3 million acres to oil and gas development in the east-central Gulf. The protected region is to remain off limits to energy development until 2022


and your apology is where?

 

[LoneLaugher]

The pipeline will not lower prices.

 

[OKTexas]

I've never understood the Republican obsession with Keystone.....Think of the JOBs....we only care about the JOBs

If Republicans want JOBS....why don't they push for more infrastructure construction projects? Roads, bridges, tunnels, dams, power and communication grid and most importantly......upgrading and maintaining what we have

Yet, every time these projects come up...Republicans sit on them

Keystone could help pay for that, it would generate more tax revenue from those jobs you don't care about.

 

[kaz]

The pipeline will not lower prices.

An econ 101 course would change your life

 

[Rotagilla]

The pipeline will not lower prices.

Why not?

 

[kaz]

I've never understood the Republican obsession with Keystone.....Think of the JOBs....we only care about the JOBs

If Republicans want JOBS....why don't they push for more infrastructure construction projects? Roads, bridges, tunnels, dams, power and communication grid and most importantly......upgrading and maintaining what we have

Yet, every time these projects come up...Republicans sit on them

Infrastructure doesn't create net jobs. Here's the 411, Slowpoke, the money spent by government comes out of the economy. You're trying to put sand in the sandbox by taking sand out of the sandbox and putting it back in.

 

[OKTexas]

Man....the lack of understanding about what this oil represents to us is sad. This will not be a job creator and it will not lower energy costs. Jeez.......get some facts.

Can you expand on that?
Tell me why easier access to oil is "sad"?

I've got a minute.

The jobs are temporary.

The oil that flows in those pipes won't bring down our gas prices or our energy prices.

The sad part is that you believe the opposite of what I just said to be true. And you will believe what you believe in spite of the facts not being on your side.

The refinery jobs are not temporary, more finished petroleum products in the world market will bing down overall prices, to say otherwise would denying the reality of economics.

 

[kaz]

The pipeline will not lower prices.

Why not?

Because he doesn't understand supply and demand

 

[kaz]

Can you expand on that?
Tell me why easier access to oil is "sad"?

I've got a minute.

The jobs are temporary.

The oil that flows in those pipes won't bring down our gas prices or our energy prices.

The sad part is that you believe the opposite of what I just said to be true. And you will believe what you believe in spite of the facts not being on your side.

The refinery jobs are not temporary, more finished petroleum products in the world market will bing down overall prices, to say otherwise would denying the reality of economics.

The lower energy prices would also benefit both consumers and businesses creating more economic activity creating more jobs. Economics to liberals is like ketchup to a moon rock.

 

[LoneLaugher]

The pipeline will not lower prices.

Why not?

Keystone XL Won't Lower Gas Prices, It Might Raise Them - Forbes

 

[LoneLaugher]

The pipeline will not lower prices.

Why not?

Because he doesn't understand supply and demand

What Determines Oil Prices?

 

[Rotagilla]

The pipeline will not lower prices.

Why not?

Because he doesn't understand supply and demand

I know. He likes to purposely agitate and/or pretend to be clever or try to make you run in circles over the same ground again and again. Typical amateur.

I've been down this road with him before.

 

[LoneLaugher]

Kaz.......

You are particularly nasty for someone who doesn't know what you are talking about. You might want to be a little less abrasive when dealing with people who are willing to give you information. You need some.

 

[Rotagilla]

Why not?

Because he doesn't understand supply and demand

What Determines Oil Prices?

From the link;

The two primary factors that impact the price of oil are:

supply and demand
market sentiment

Greater supply = lower prices

 

[LoneLaugher]

Why not?

Because he doesn't understand supply and demand

I know. He likes to purposely agitate and/or pretend to be clever or try to make you run in circles over the same ground again and again. Typical amateur.

I've been down this road with him before.

That tune agan? You play it whenever I give you a few minutes of my time. I wonder why that is?

Did you learn anything from the Forbes piece? Or...are you more knowledgeable than the guy who wrote it?

Go ahead.......tell me what's what.

 

[LoneLaugher]

Because he doesn't understand supply and demand

What Determines Oil Prices?

From the link;

The two primary factors that impact the price of oil are:

supply and demand
market sentiment

Keep reading. It will do you good.

 

[Lovebears65]

How does Keystone help the US?

it creates jobs..

 

[Rotagilla]

What Determines Oil Prices?

From the link;

The two primary factors that impact the price of oil are:

supply and demand
market sentiment

Keep reading. It will do you good.

I know more about it than you might think.

Here's the facts of life;

Greater supply = lower prices.