Keystone is not a company. You seem to be posting as if it is.Keystone has unused pipeline capacity all over the midwest and has abandoned refineries that were refitted to handle tar sand sludge.
Trump had NOTHING to do with the ppb.
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Keystone is not a company. You seem to be posting as if it is.Keystone has unused pipeline capacity all over the midwest and has abandoned refineries that were refitted to handle tar sand sludge.
Trump had NOTHING to do with the ppb.
Keystone was shutdown by democrats, now whoever was going to process that oil must find a new source. That cost money and effects the world market for oil which we are a part of.
The 1st action Biden took as president had no effect? Yet prices did go up?That pipeline never pumped a drop of oil. The effects of it's cancellation on the futures market was negligible.
The 1st action Biden took as president had no effect? Yet prices did go up?
The 1st action Biden took, canceling the pipeline showed the market Biden and the Democrats will be hostile to oil. The market saw the actions of democrats, then reacted.
The 2nd action Biden took, ending new leases for oil, affirmed the democrats hostility towards oil. The market reacted.
Should I include all of the Democrats actions?
Limousine Liberals, Preppy Progressives, Trustfundie Treehuggers, and Rolls-Royce Radicalspknopp Bingo! I don't care what gas prices are, but minimum wage folks get killed when gas prices go up. Democrats stick to their constituents AGAIN.
No effect on production? So what, it is not only production that effects the price of oil. Fear has always been a factor in the markets. Oil is no different. But as I said, Biden and the Democrats sent a clear signal to the market, that they will be hostile to oil. That drove the price up.Go ahead. The two actions you mentioned had no effect on production, which was already down, nor did they effect demand which was already rising.
There was no fear in the market when the construction was shut down or when the leasing process was paused for review. New Drilling permits were also halted for review as well, yet no projects were delayed.Fear has always been a factor in the markets
Not exactly true. The bottom dropped out only after the pandemic spread throughout the country.The first three years of Trump, demand for oil went up, yet the price fell?
yes, what I said, the first three years of trump the bottom had not fell out, demand increased as our economy grew.There was no fear in the market when the construction was shut down or when the leasing process was paused for review. New Drilling permits were also halted for review as well, yet no projects were delayed.
Not exactly true. The bottom dropped out only after the pandemic spread throughout the country.
Actually, regardless of your graph or what you link to. I was paying 1.85 a gallon under Trump. That price rose when Biden was elected. That price rose more after Biden began shutting down pipelines, denying leases, agreeing to the Paris Climate accord. And it was not just one pipeline that Biden stopped. It is pipelines across the nation.There was no fear in the market when the construction was shut down or when the leasing process was paused for review. New Drilling permits were also halted for review as well, yet no projects were delayed.
Not exactly true. The bottom dropped out only after the pandemic spread throughout the country.
Keystone is not a company. You seem to be posting as if it is.
You're FOS.Actually, regardless of your graph or what you link to. I was paying 1.85 a gallon under Trump. That price rose when Biden was elected. That price rose more after Biden began shutting down pipelines, denying leases, agreeing to the Paris Climate accord. And it was not just one pipeline that Biden stopped. It is pipelines across the nation.
Now the price is more than $3.00 a gallon.
Trump kept the price of energy low
Biden is making energy expensive
You're FOS.
Biden shut down one pipeline that never transported a drop of oil.
Suspending new oil leases on federal lands for 90 days.
What did oil companies do with their existing leases, state leases, private leases?
Why do the oil companies need the federal government land to drill oil?
Isn't that 'socialism'?
Of course, you don't mention the 4 Texas refineries that shut down because of the freeze in February.
It may take the Texas petrochemical industry until year-end 2021 to fully recover from the record cold that triggered power outages and supply disruptions in mid-February. Production of basic petrochemical products used in a range of intermediate and consumer goods was interrupted, breaking supply chains already strained by COVID-19 and leading to price pressures and scores of product shortages.
The record-breaking Arctic cold that flowed deep into Texas in mid-February hit the Texas refining and petrochemical sectors as hard as any hurricane and with less warning. Operations did not fully return until early April and sustained lasting damage.
The weather disruption tightened motor fuel supplies, created shortfalls of petrochemicals and slowed Texas exports. The impacts to supply chains have contributed to rising producer price inflation, and the challenges of restocking those supply chains are expected to persist through much of 2021.
August 27, 2021
The strongest hurricane to ever hit Louisiana has done some major damage, causing massive power outages and refinery shutdowns. The storm hit 95% of crude oil production in the Gulf of Mexico and shut down over 95% of natural gas production.
September 23, 2021
Oil refineries impacted Hurricane Ida and power outages are recovering. At one point nearly a dozen refineries were offline and because of power outages they had so-called stranded fuel.
Nathan McBride is Regulatory Affairs Manager for the Louisiana Mid-Continent Oil and Gas Association.
“There’s really eight between Baton Rouge and New Orleans, but they brought the Krotz Springs refinery in as well because it could have an impact on the supply,” he said.
“Refineries had fuel in tankage on-site, even the ones who happened to lose power especially down in the New Orleans area, so there was fuel in tankage, so the first hurdle we had to clear was get power to the terminals, otherwise known as racks at the refineries so that they could pull that fuel out of tankage and dispense it into the local markets, so you may have fuel at the refinery even though your refinery is not actually running,” said McBride.
“A lot of the refineries, yes they shut down for safety reasons during the storm but then they were not able to come back up because they didn’t have electricity, so it really does all come down to power supply.”
No electricity? Oh, you mean because of all the wind turbines, the green energy that was built in Texas.You're FOS.
Biden shut down one pipeline that never transported a drop of oil.
Suspending new oil leases on federal lands for 90 days.
What did oil companies do with their existing leases, state leases, private leases?
Why do the oil companies need the federal government land to drill oil?
Isn't that 'socialism'?
Of course, you don't mention the 4 Texas refineries that shut down because of the freeze in February.
It may take the Texas petrochemical industry until year-end 2021 to fully recover from the record cold that triggered power outages and supply disruptions in mid-February. Production of basic petrochemical products used in a range of intermediate and consumer goods was interrupted, breaking supply chains already strained by COVID-19 and leading to price pressures and scores of product shortages.
The record-breaking Arctic cold that flowed deep into Texas in mid-February hit the Texas refining and petrochemical sectors as hard as any hurricane and with less warning. Operations did not fully return until early April and sustained lasting damage.
The weather disruption tightened motor fuel supplies, created shortfalls of petrochemicals and slowed Texas exports. The impacts to supply chains have contributed to rising producer price inflation, and the challenges of restocking those supply chains are expected to persist through much of 2021.
August 27, 2021
The strongest hurricane to ever hit Louisiana has done some major damage, causing massive power outages and refinery shutdowns. The storm hit 95% of crude oil production in the Gulf of Mexico and shut down over 95% of natural gas production.
September 23, 2021
Oil refineries impacted Hurricane Ida and power outages are recovering. At one point nearly a dozen refineries were offline and because of power outages they had so-called stranded fuel.
Nathan McBride is Regulatory Affairs Manager for the Louisiana Mid-Continent Oil and Gas Association.
“There’s really eight between Baton Rouge and New Orleans, but they brought the Krotz Springs refinery in as well because it could have an impact on the supply,” he said.
“Refineries had fuel in tankage on-site, even the ones who happened to lose power especially down in the New Orleans area, so there was fuel in tankage, so the first hurdle we had to clear was get power to the terminals, otherwise known as racks at the refineries so that they could pull that fuel out of tankage and dispense it into the local markets, so you may have fuel at the refinery even though your refinery is not actually running,” said McBride.
“A lot of the refineries, yes they shut down for safety reasons during the storm but then they were not able to come back up because they didn’t have electricity, so it really does all come down to power supply.”
No. It is TC EnergyTransCanada.. Does that help?
'Oh, you mean because of all the wind turbines, the green energy that was built in Texas'.No electricity? Oh, you mean because of all the wind turbines, the green energy that was built in Texas.
One pipeline? Seems he is opposed to a pipeline in Maine, Michigan, and Minnesota.
Democrats unwilling to accept blame because it is their policies driving the cost of energy.
67% increase, we all see it, we all feel it
No. It is TC Energy
How about doing a better Google search when you need answers to what you obviously do not know.
One pipeline, I guess you never thought of doing a Google search to see if it was more.
The name is, TC Energy, as I stated, and as you found out. Nice Google search on your part.You dolt. Its TransCanada