Canada apporves new oil pipeline

[tinydancer]

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.

Your post denies the reality of oil economics. That's why importing from Canada versus say Nigeria or Saudi Arabia makes no difference. Oil is bought and sold on the international market. How far a drop of crude had to travel from the earth to the gas pump is really irrelevant.

The refinery jobs are not temporary-- they're the same jobs already there. All a pipeline does is facilitate a flow of raw material, thereby cutting the oil company's costs. But the end result still goes on, and is priced by, that world market. Refineries already run at full capacity.

And even if you were Jed Clampett and unearthed a gihugic oil well by shooting into the ground and flooded the supply enough to make a splash, OPEC just shrugs, cuts its own production by an equal amount and goes to lunch. It's the way it works.

That crude, in either country's pipeline, simply goes to a refinery located near enough to a shipping port where it can be loaded on ships to Asia. All it does is grease the wheels of overhead for the Exxons and cut their costs.

In return for that they give us (or Canada) --- what?

$$$$$$$$$$$$$$$ .

That should be a no brainer.

Canada’s oil-rich provinces not only best in nation for economic performance, they are best in world: Conference Board

From the article:

The report places Alberta, Saskatchewan and Newfoundland — the three oil producing provinces — in that order as the top performers with A-plus scores across indicators such as per capita income, economic growth, unemployment and productivity. They are the only jurisdictions rated to have A-plus economies.

Alberta is “class leader,” says the report with 2013 per capita income that was $10,000 higher than Norway, the top-ranked country in that indicator.
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At the bottom of the class are Nova Scotia and New Brunswick with D grades, along with countries such as France and Belgium.

Ontario, Prince Edward Island and British Columbia score B grades, putting them alongside Switzerland, Germany and the United Kingdom. Manitoba and Quebec were given C grades.

Canada?s oil-rich provinces not only best in nation for economic performance, they are best in world: Conference Board | Financial Post

Alberta and Saskatchewan are pretty well keeping the whole country afloat right now.

 

[LoneLaugher]

This is one of the finest examples of how we can get nowhere until we agree on what is and is not fact. The facts do not support the assumptions that Kaz and Rotagilla have made here.

This is a waste of time.

So....we are left with a desire to mock the stupid.

 

[tinydancer]

Oh and all of Canada benefits. Because these provinces are just the driving force behind the economy as a whole.

Last month, Bank of Canada governor Stephen Poloz called the country’s oil riches a “gift” that all Canadians can share. He estimated that gross domestic income has been enriched by about 7% by the sector since 2002.

Canada?s oil-rich provinces not only best in nation for economic performance, they are best in world: Conference Board | Financial Post

 

[Pogo]

If we were producing more here and importing more from closer, the price would go down and we wouldn't need to care what opec says or does.
Supply and demand.

Do you think the oil that travels in those pipes is going to be used here?
Are you aware that we have increased oil production in this nation over the past 4 years? Has it lowered prices?

Please......man up.

That increased oil production canard is a misdirection. While there has been an increase it has not kept up with demand and this is known. Obama's resistance to drill more has led to price increases. Again, if you increase food for your family from enough to feed four to enough to feed six but your family has increased to eight, though you are doing more you aren't doing enough.
Obama know this, lies about it and perpetuates the problem.

Complete horseshit.

Obama doesn't drill, any more than Bush or Clinton or Bush or Reagan "drilled". Oil companies drill, and they will drill or not drill depending on what makes them the most money. Because as a for-profit corporation they're beholden to their stockholders, not to anybody's flag. So unless you want to nationalize the oil biz and go it alone, your simplistic half-baked impressions just don't even vaguely resemble reality. And those oil companies are already sitting on millions of acres of unexploited resources (68 million last I checked), and the refinery system is NOT begging for material. They run at full capacity. They do so because it makes money.

Your late-night talk show fantasy of O'bama holding a big valve in the White House is laughable to anyone with the foggiest inkling of how the oil biz works. Maybe you should stick to sports threads or something you know, because you clearly don't have a ******* clue in here.

 

[LoneLaugher]

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.

Your post denies the reality of oil economics. That's why importing from Canada versus say Nigeria or Saudi Arabia makes no difference. Oil is bought and sold on the international market. How far a drop of crude had to travel from the earth to the gas pump is really irrelevant.

The refinery jobs are not temporary-- they're the same jobs already there. All a pipeline does is facilitate a flow of raw material, thereby cutting the oil company's costs. But the end result still goes on, and is priced by, that world market. Refineries already run at full capacity.

And even if you were Jed Clampett and unearthed a gihugic oil well by shooting into the ground and flooded the supply enough to make a splash, OPEC just shrugs, cuts its own production by an equal amount and goes to lunch. It's the way it works.

That crude, in either country's pipeline, simply goes to a refinery located near enough to a shipping port where it can be loaded on ships to Asia. All it does is grease the wheels of overhead for the Exxons and cut their costs.

In return for that they give us (or Canada) --- what?

$$$$$$$$$$$$$$$ .

That should be a no brainer.

Canada’s oil-rich provinces not only best in nation for economic performance, they are best in world: Conference Board

From the article:

The report places Alberta, Saskatchewan and Newfoundland — the three oil producing provinces — in that order as the top performers with A-plus scores across indicators such as per capita income, economic growth, unemployment and productivity. They are the only jurisdictions rated to have A-plus economies.

Alberta is “class leader,” says the report with 2013 per capita income that was $10,000 higher than Norway, the top-ranked country in that indicator.
Advertisement

At the bottom of the class are Nova Scotia and New Brunswick with D grades, along with countries such as France and Belgium.

Ontario, Prince Edward Island and British Columbia score B grades, putting them alongside Switzerland, Germany and the United Kingdom. Manitoba and Quebec were given C grades.

Canada?s oil-rich provinces not only best in nation for economic performance, they are best in world: Conference Board | Financial Post

Alberta and Saskatchewan are pretty well keeping the whole country afloat right now.

Not this country.

 

[tinydancer]

This is one of the finest examples of how we can get nowhere until we agree on what is and is not fact. The facts do not support the assumptions that Kaz and Rotagilla have made here.

This is a waste of time.

So....we are left with a desire to mock the stupid.

FACT: Keystone I has been a great success.

FACT: Keystone II has been a great success.

FACT: Keystone III will be a great success.

The southern leg of the Keystone is being built right now. Obama only has control of the area where the pipeline crosses the international border.

That makes this whole "stop the Keystone III" bullshit.

We are already your number one supplier and just because your idiotic whacko in the WH won't let the international pipeline be built, the southern leg will be.

And you will continue to import our oil by rail and truck. I have to look up the numbers again for California alone shipping our oil in by truck.

 

[Dot Com]

what is wrong with Congress in that they can't just override Obama and do what would be good for America? The crying bleeding heart liberals said the same about the Alaskan pipeline and the only problem we have had is when a bleeding heart liberal shot a hole in the pipeline. More jobs and opportunity lost because of Obama. Thanks.

Canada OKs oil pipeline to the Pacific Coast

He was "profoundly disappointed" that U.S. President Barack Obama has delayed a decision on the Texas Keystone XL option, and spoke of the need to diversify Canada's oil industry. Ninety-seven percent of Canadian oil exports now go to the U.S.

Meanwhile, China's growing economy is hungry for Canadian oil. Chinese state-owned companies have invested more than $40 billion in Canadian energy in the past few years.

How exactly is acting as a middleman for Big Oil "good for America"?

We get 35 new jobs keeping our collective finger in the dyke so prairie sludge can get to Asia easier, and hope it doesn't touch the aquifier? That's it?

Be still my heart...

^ that

just like I said, being a "middle man" is nothing to write home about IMO.

 

[LoneLaugher]

This is one of the finest examples of how we can get nowhere until we agree on what is and is not fact. The facts do not support the assumptions that Kaz and Rotagilla have made here.

This is a waste of time.

So....we are left with a desire to mock the stupid.

FACT: Keystone I has been a great success.

FACT: Keystone II has been a great success.

FACT: Keystone III will be a great success.

The southern leg of the Keystone is being built right now. Obama only has control of the area where the pipeline crosses the international border.

That makes this whole "stop the Keystone III" bullshit.

We are already your number one supplier and just because your idiotic whacko in the WH won't let the international pipeline be built, the southern leg will be.

And you will continue to import our oil by rail and truck. I have to look up the numbers again for California alone shipping our oil in by truck.

A success for Canada and oil companies.

Don't worry, though....we'll continue to use up our tax dollars to protect every drop as it is shipped all over the world. And we'll keep the peace so the price can be supported.

You're welcome.

 

[Dot Com]

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

Quintessential ******* democrat. Where does the money to pay for that overhead work come from? It has to be taken from capital producers. It creates no capital in itself. It's not the result of any capital creation.
Geez, democrats should not be allowed to vote!

What do you think the purpose of infrastructure is?

You cheap ***** who can't look past the next ten minutes will not invest in anything to help the country. Capital producers benefit more from our infrastructure than working americans

There is a difference in spending $10,000 to fix your roof and spending $10,000 on a vacation.

This is one of the finest examples of how we can get nowhere until we agree on what is and is not fact. The facts do not support the assumptions that Kaz and Rotagilla have made here.

This is a waste of time.

So....we are left with a desire to mock the stupid.

FACT: Keystone I has been a great success.

FACT: Keystone II has been a great success.

FACT: Keystone III will be a great success.

The southern leg of the Keystone is being built right now. Obama only has control of the area where the pipeline crosses the international border.

That makes this whole "stop the Keystone III" bullshit.

We are already your number one supplier and just because your idiotic whacko in the WH won't let the international pipeline be built, the southern leg will be.

And you will continue to import our oil by rail and truck. I have to look up the numbers again for California alone shipping our oil in by truck.

your country & the planet lose though:

Deep In Canadian Lakes, Signs Of Tar Sands Pollution : NPR

An aerial view of the Suncor oil sands extraction facility on the banks of the Athabasca River in Alberta, Canada, in 2009.

 

[tinydancer]

This is one of the finest examples of how we can get nowhere until we agree on what is and is not fact. The facts do not support the assumptions that Kaz and Rotagilla have made here.

This is a waste of time.

So....we are left with a desire to mock the stupid.

FACT: Keystone I has been a great success.

FACT: Keystone II has been a great success.

FACT: Keystone III will be a great success.

The southern leg of the Keystone is being built right now. Obama only has control of the area where the pipeline crosses the international border.

That makes this whole "stop the Keystone III" bullshit.

We are already your number one supplier and just because your idiotic whacko in the WH won't let the international pipeline be built, the southern leg will be.

And you will continue to import our oil by rail and truck. I have to look up the numbers again for California alone shipping our oil in by truck.

A success for Canada and oil companies.

Don't worry, though....we'll continue to use up our tax dollars to protect every drop as it is shipped all over the world. And we'll keep the peace so the price can be supported.

You're welcome.

What are you talking about? Take ND for example. The whole economy is going thru the roof and its awesome to witness. I'm not that far north of them. It's exciting to watch the boom.

That black gold benefits far more than just the oil companies for crying out loud. It's stupid to think otherwise.

 

[Dot Com]

and this:

Pictures: Satellite Views of Canada's Oil Sands Over Time

 

[rightwinger]

Quintessential ******* democrat. Where does the money to pay for that overhead work come from? It has to be taken from capital producers. It creates no capital in itself. It's not the result of any capital creation.
Geez, democrats should not be allowed to vote!

What do you think the purpose of infrastructure is?

You cheap ***** who can't look past the next ten minutes will not invest in anything to help the country. Capital producers benefit more from our infrastructure than working americans

There is a difference in spending $10,000 to fix your roof and spending $10,000 on a vacation.

There is no difference between spending on a vacation or spending on repairs. It's still spending. And in he case of 'infrastructure jobs', it's about spending money that doesn't exist. The money has to come of somewhere. Democrats don't understand this.

More reasons we don't elect TeaTards

 

[tinydancer]

Quintessential ******* democrat. Where does the money to pay for that overhead work come from? It has to be taken from capital producers. It creates no capital in itself. It's not the result of any capital creation.
Geez, democrats should not be allowed to vote!

What do you think the purpose of infrastructure is?

You cheap ***** who can't look past the next ten minutes will not invest in anything to help the country. Capital producers benefit more from our infrastructure than working americans

There is a difference in spending $10,000 to fix your roof and spending $10,000 on a vacation.

FACT: Keystone I has been a great success.

FACT: Keystone II has been a great success.

FACT: Keystone III will be a great success.

The southern leg of the Keystone is being built right now. Obama only has control of the area where the pipeline crosses the international border.

That makes this whole "stop the Keystone III" bullshit.

We are already your number one supplier and just because your idiotic whacko in the WH won't let the international pipeline be built, the southern leg will be.

And you will continue to import our oil by rail and truck. I have to look up the numbers again for California alone shipping our oil in by truck.

your country & the planet lose though:

Deep In Canadian Lakes, Signs Of Tar Sands Pollution : NPR

An aerial view of the Suncor oil sands extraction facility on the banks of the Athabasca River in Alberta, Canada, in 2009.

The idea is to make it a win win for the environment and for people.

There are tough environmental regulations here with kick ass penalties when companies **** up.

But hey. You don't want our oil? Don't buy it. Get hold of Obama right this minute and tell him to stop importing oil from Canada.

You won't stop the oil production here.

 

[kaz]

Why not?

Because he doesn't understand supply and demand

What Determines Oil Prices?

Thanks for the link that says I was right, dude. Did you read it?

 

[kaz]

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

Yes, and market sentiment is just a reference to the market anticipating future supply and demand.

 

[kaz]

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.

It says what we said, supply and demand sets oil prices. The field of economics says the same thing. So does all empirical data.

It's you who needs to get with the beat, Baggy.

 

[kaz]

What do you think the purpose of infrastructure is?

You cheap ***** who can't look past the next ten minutes will not invest in anything to help the country. Capital producers benefit more from our infrastructure than working americans

There is a difference in spending $10,000 to fix your roof and spending $10,000 on a vacation.

There is no difference between spending on a vacation or spending on repairs. It's still spending. And in he case of 'infrastructure jobs', it's about spending money that doesn't exist. The money has to come of somewhere. Democrats don't understand this.

More reasons we don't elect TeaTards

The only reason you don't vote for TeaTards is they promise to cut your welfare checks. You're a one issue voter.

 

[Dot Com]

What do you think the purpose of infrastructure is?

You cheap ***** who can't look past the next ten minutes will not invest in anything to help the country. Capital producers benefit more from our infrastructure than working americans

There is a difference in spending $10,000 to fix your roof and spending $10,000 on a vacation.

your country & the planet lose though:

Deep In Canadian Lakes, Signs Of Tar Sands Pollution : NPR

An aerial view of the Suncor oil sands extraction facility on the banks of the Athabasca River in Alberta, Canada, in 2009.

The idea is to make it a win win for the environment and for people.

There are tough environmental regulations here with kick ass penalties when companies **** up.

But hey. You don't want our oil? Don't buy it. Get hold of Obama right this minute and tell him to stop importing oil from Canada.

You won't stop the oil production here.

its not oil, its tarsands. Theres a diff tinyd but you knew that didn't you It costs more to get the oil out AND, consequently, you have MORE CO2 & waste. STOP BEING A BIG OIL FLUFFER!!!








:d

 

[tinydancer]

and this:

Pictures: Satellite Views of Canada's Oil Sands Over Time

Don't buy oil from Canada then. Nigeria. Yeah. Buy more from Nigeria.

 

[Pogo]

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.

It says what we said, supply and demand sets oil prices. The field of economics says the same thing. So does all empirical data.

It's you who needs to get with the beat, Baggy.

Apparently you understand how the oil biz works about as well as you understand the concept of avatar gender.

Supply and demand does *not* set oil prices. Not in a way that any one source can affect. It's an international fungible commodity. It's not Acme widgets deciding how many to ship to Indiana and how many go to India.