The US has the highest lift costs in the world. Biden can't set the prices.Seriously dude, I could care less, but the premise is how in the world could a pro green president want cheap oil prices?
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The US has the highest lift costs in the world. Biden can't set the prices.Seriously dude, I could care less, but the premise is how in the world could a pro green president want cheap oil prices?
Who cares? It's still a commodities multiplier and can almost instantly put downward pressure on the hydrocarbons markets....closing it immediately ( like overnight!) handed Putin several hundred billion in accrued commodities valuations.This came out ten years ago. By now you should know keystone XL is tax dodge for the Chinese.
Bullshit....he can control the people who do....and he did.The US has the highest lift costs in the world. Biden can't set the prices.
You really are too ignorant. Canadian oil barrels head out of the U.S. Gulf in record numbers.Bullshit....he can control the people who do....and he did.
Jo
Thanks for showing me what an idiot you are. Those are being railroaded to the coast far more expensively than a pipeline would move them and then shipped via tanker.... another added travel expense to wherever they're going. Haven't you been paying attention you idiot? The pipeline eliminated those costs and drove the prices down. You are a moron (maybe knowingly?) that was the whole point in building the pipeline in the first place. Did you think everybody suddenly forgot that?You really are too ignorant. Canadian oil barrels head out of the U.S. Gulf in record numbers.
It didn't effect production at all and had a barely noticeable short term effect on speculation.It's still a commodities multiplier and can almost instantly put downward pressure on the hydrocarbons markets
The pipeline eliminated those costs and drove the prices down.
Keystone XL would be a big money maker for the Chinese owners who own Canadian tarsands. It just doesn't benefit US consumers or taxpayers.Thanks for showing me what an idiot you are. Those are being railroaded to the coast far more expensively than a pipeline would move them and then shipped via tanker.... another added travel expense to wherever they're going. Haven't you been paying attention you idiot? The pipeline eliminated those costs and drove the prices down. You are a moron (maybe knowingly?) that was the whole point in building the pipeline in the first place. Did you think everybody suddenly forgot that?
We haven't nationalized the US oil companies.Bullshit....he can control the people who do....and he did.
Jo
Yes we have... The downpour of dictatorial executive orders and the choking flood of inane regulatory quick sand are defacto ownership.We haven't nationalized the US oil companies.
You don't know what you are talking about. So typical. Why don't you go into the oil business and show the industry how it's done?Yes we have... The downpour of dictatorial executive orders and the choking flood of inane regulatory quick sand are defacto ownership.
No need and of course I know what I'm talking about. A commodity is a commodity...doesn't matter if it's oil or pork bellies. Also the silly claim that keystone product was going to be a dedicated China market is ludicrously irrelevant. Oil prices are set globally not locally so any change in production affects prices and futures...You don't know what you are talking about. So typical. Why don't you go into the oil business and show the industry how it's done?
It's not a dedicated Chinese market. They just can't sell it in the US if they refine it in the free trade zone. They can't give tarsands away. Their profits depends on the free trade zone.No need and of course I know what I'm talking about. A commodity is a commodity...doesn't matter if it's oil or pork bellies. Also the silly claim that keystone product was going to be a dedicated China market is ludicrously irrelevant. Oil prices are set globally not locally so any change in production affects prices and futures...
It's not a dedicated Chinese market. They just can't sell it in the US if they refine it in the free trade zone. They can't give tarsands away. Their profits depends on the free trade zone.