whitehall
Diamond Member
We need oil. The question is whether it is safer to ship it by tanker or by pipeline and pipeline seems to be the best compromise.
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We have a glut of oil.We need oil. The question is whether it is safer to ship it by tanker or by pipeline and pipeline seems to be the best compromise.
Now the pieces are moving on the chess board...The Saudis seek to undercut Russian customers...heh-heh....Arab mafia....OPEC isn't setting the price of oil. Supply is.
In recent days several members of the Organization of the Petroleum Exporting Countries — Saudi Arabia, Kuwait, Iraq, Iran and the United Arab Emirates — have cut prices to European and Asian buyers as competition for global market share has grown fierce.
With the price of the global benchmark, Brent crude oil, falling 1.5 percent on Monday to $88.89 a barrel, many analysts said Saudi Arabia, OPEC’s dominant member, might be rethinking its strategy.
Continue reading the main story
“Saudi comments indicate that it may have shifted from a strategy of holding prices at around $100 a barrel to a focus on market share,” said Jeff A. Dietert, head of research at Simmons & Company, an independent investment bank. “That means there is not an immediate floor on oil prices.” He said he thought that Saudi Arabia was trying to slow production growth in the United States.
Oil prices have reached levels not seen since the Middle East and North Africa turmoil began in 2011 because of an unusual combination of factors: Demand for petroleum products is declining worldwide, particularly in Europe, just as the global market is flooded with oil.
go twist a wrench on a single cylinder
We have a glut of oil.We need oil. The question is whether it is safer to ship it by tanker or by pipeline and pipeline seems to be the best compromise.
What I find funny is that the GOP said there was too many regs for anyone to build refineries and that is the reason why the price of gas was 5 bucks a gallon during Boosh....Now the pieces are moving on the chess board...The Saudis seek to undercut Russian customers...heh-heh....Arab mafia....OPEC isn't setting the price of oil. Supply is.
In recent days several members of the Organization of the Petroleum Exporting Countries — Saudi Arabia, Kuwait, Iraq, Iran and the United Arab Emirates — have cut prices to European and Asian buyers as competition for global market share has grown fierce.
With the price of the global benchmark, Brent crude oil, falling 1.5 percent on Monday to $88.89 a barrel, many analysts said Saudi Arabia, OPEC’s dominant member, might be rethinking its strategy.
Continue reading the main story
“Saudi comments indicate that it may have shifted from a strategy of holding prices at around $100 a barrel to a focus on market share,” said Jeff A. Dietert, head of research at Simmons & Company, an independent investment bank. “That means there is not an immediate floor on oil prices.” He said he thought that Saudi Arabia was trying to slow production growth in the United States.
Oil prices have reached levels not seen since the Middle East and North Africa turmoil began in 2011 because of an unusual combination of factors: Demand for petroleum products is declining worldwide, particularly in Europe, just as the global market is flooded with oil.
go twist a wrench on a single cylinder
they sure are. Saudi even built the largest refinery in the country (Texas) just to protect the King from the Rook and Bishop ... They'll get the lions share of Keystone oil, and its their to do anything they want to do with it. Like export it and continue to flood the global market.
Holding America in CHECK !
D'oooooooooooooh.
What I find funny is that the GOP said there was too many regs for anyone to build refineries and that is the reason why the price of gas was 5 bucks a gallon during Boosh....Now the pieces are moving on the chess board...The Saudis seek to undercut Russian customers...heh-heh....Arab mafia....OPEC isn't setting the price of oil. Supply is.
In recent days several members of the Organization of the Petroleum Exporting Countries — Saudi Arabia, Kuwait, Iraq, Iran and the United Arab Emirates — have cut prices to European and Asian buyers as competition for global market share has grown fierce.
With the price of the global benchmark, Brent crude oil, falling 1.5 percent on Monday to $88.89 a barrel, many analysts said Saudi Arabia, OPEC’s dominant member, might be rethinking its strategy.
Continue reading the main story
“Saudi comments indicate that it may have shifted from a strategy of holding prices at around $100 a barrel to a focus on market share,” said Jeff A. Dietert, head of research at Simmons & Company, an independent investment bank. “That means there is not an immediate floor on oil prices.” He said he thought that Saudi Arabia was trying to slow production growth in the United States.
Oil prices have reached levels not seen since the Middle East and North Africa turmoil began in 2011 because of an unusual combination of factors: Demand for petroleum products is declining worldwide, particularly in Europe, just as the global market is flooded with oil.
go twist a wrench on a single cylinder
they sure are. Saudi even built the largest refinery in the country (Texas) just to protect the King from the Rook and Bishop ... They'll get the lions share of Keystone oil, and its their to do anything they want to do with it. Like export it and continue to flood the global market.
Holding America in CHECK !
D'oooooooooooooh.
We have a glut of oil.We need oil. The question is whether it is safer to ship it by tanker or by pipeline and pipeline seems to be the best compromise.
We have a glut of oil.We need oil. The question is whether it is safer to ship it by tanker or by pipeline and pipeline seems to be the best compromise.
Not enough. You still have to import crude. You use more than you can produce. It's really simple.
we need more oil ... TO SELL !
U.S. Oil Exports Hit 57 Year High - Breitbart
After becoming the world’s largest producer of natural gas in 2010, the United States also became the world’s largest producer of petroleum last month. With U.S. production and exports driving crude oil prices down and forcing other producers to crank up production to maintain cash flow..
come on TD, remind everyone how much My country needs YOUR country.
We have a glut of oil.We need oil. The question is whether it is safer to ship it by tanker or by pipeline and pipeline seems to be the best compromise.
Not enough. You still have to import crude. You use more than you can produce. It's really simple.
Liberals worry about the environment being harmed by this pipeline, and won't even take the State Department's word that the project would have little to no impact on the environment. Well, let me see if I can't ram some reality through some really thick heads.
This is from the final impact report which was issued in January 2014
On March 11, 2010, the NEB issued its Reasons for Decision granting Keystone’s application. The NEB’s Reasons for Decision included an Environmental Screening Report (ESR) that was prepared to meet the requirements of Canadian Environmental Assessment Act for the Canadian portion of the proposed pipeline. The ESR concluded that implementation of the proposed pipeline in Canada would not likely result in significant adverse environmental effects with incorporation of Keystone’s proposed measures to avoid or minimize impacts and with Keystone’s acceptance of the NEB’s regulatory requirements and recommended conditions attached to the ESR (see also Section 4.15.4.1, Canadian National Energy Board Environmental Analysis of the Proposed Project, for a listing of NEB’s conditions).
Chapter 1, Section 7, ENVIRONMENTAL REVIEW OF THE CANADIAN PORTION OF THE KEYSTONE 1.7
XL PROJECT, Final Supplemental Environmental Impact Statement
And this is Chapter 4, Section 16, or a list of all the potential impacts of the project...and what I see reading through it. is that there are negligible or limited impacts to the surrounding environment:
http://keystonepipeline-xl.state.gov/documents/organization/221192.pdf
Given these things, it would be reasonable to assume that the same circumstances would be true here in the United States. So, what other rationales are there for stopping this project? In the time it has taken to block this project, (over 5 years) the pipeline could already be close to completion.
The XL pipeline will not transport Bakken oil to Canada. If we need a line to export to Canada, then build it. That will be oil, not Diluted Bitumen.we need more oil ... TO SELL !
U.S. Oil Exports Hit 57 Year High - Breitbart
After becoming the world’s largest producer of natural gas in 2010, the United States also became the world’s largest producer of petroleum last month. With U.S. production and exports driving crude oil prices down and forcing other producers to crank up production to maintain cash flow..
come on TD, remind everyone how much My country needs YOUR country.
I've never said how much your country needs my country in particular. You import from a wide variety of sources as need be.
I have said we are your number one supplier. Which is a fact. Oh and we do buy not only refined products back but raw crude as well.
It's called commerce between two friendly nations.
Like from the Bakkens. Did you know it was the Bakken crude travelling on rail was what ignited in the Lac Megantic rail disaster?
I believe that transporting crude needs to be discussed vigorously to have a proper debate on which method we employ. From what I've researched intently as a conservationist I'm picking my poison. I choose pipeline over rail and transport truck.
Rail to me is a disaster waiting to happen because rail lines go thru many cities and towns and I sure as hell don't want to see another Lac Megantic EVAH.
Close to 50 people burned alive man. With Bakken crude on rail.
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Actually, it was the oil companies who said that.Lying Dems told us it would be 15 to 20 years before new oil drilling would have any effect on gas prices, yet just 6 years later gas has fallen to around $2 a gallon. Dismayed at this how do Dem's react? Yes they propose to raise gas taxes on the poor and middle class. lol I almost feel sorry for them they have suffered so much failure since 2008.
Because tar sands oil spills are particularly nasty...Liberals worry about the environment being harmed by this pipeline, and won't even take the State Department's word that the project would have little to no impact on the environment. Well, let me see if I can't ram some reality through some really thick heads.
This is from the final impact report which was issued in January 2014
On March 11, 2010, the NEB issued its Reasons for Decision granting Keystone’s application. The NEB’s Reasons for Decision included an Environmental Screening Report (ESR) that was prepared to meet the requirements of Canadian Environmental Assessment Act for the Canadian portion of the proposed pipeline. The ESR concluded that implementation of the proposed pipeline in Canada would not likely result in significant adverse environmental effects with incorporation of Keystone’s proposed measures to avoid or minimize impacts and with Keystone’s acceptance of the NEB’s regulatory requirements and recommended conditions attached to the ESR (see also Section 4.15.4.1, Canadian National Energy Board Environmental Analysis of the Proposed Project, for a listing of NEB’s conditions).
Chapter 1, Section 7, ENVIRONMENTAL REVIEW OF THE CANADIAN PORTION OF THE KEYSTONE 1.7
XL PROJECT, Final Supplemental Environmental Impact Statement
And this is Chapter 4, Section 16, or a list of all the potential impacts of the project...and what I see reading through it. is that there are negligible or limited impacts to the surrounding environment:
http://keystonepipeline-xl.state.gov/documents/organization/221192.pdf
Given these things, it would be reasonable to assume that the same circumstances would be true here in the United States. So, what other rationales are there for stopping this project? In the time it has taken to block this project, (over 5 years) the pipeline could already be close to completion.
Recent production increases, and reduction in demand has lowered the price so much till it's just barely feasible to even build the northern line that you insist is already built. We don't need it.Let's start here.
Myth: Keystone XL is an export pipeline to China and other nations.
Fact: Keystone XL is not an export pipeline.
It is a supply line to U.S. Gulf Coast refineries — which have signed up to 20-year binding commercial contracts to receive oil through Keystone XL.
This much-needed oil will allow refineries to create products that we all rely on every day — gasoline for our vehicles, aviation fuels, and diesel fuels to help transport goods throughout the continent.
It makes absolutely no sense for companies to purchase cheaper Canadian crude, and then pay (again) to ship that product overseas, while continuing to import higher-priced oil from the Middle East and Venezuela.
- See more at: Myths addressed Exports Jobs Economic benefits and more Keystone XL Pipeline
Because tar sands oil spills are particularly nasty...Liberals worry about the environment being harmed by this pipeline, and won't even take the State Department's word that the project would have little to no impact on the environment. Well, let me see if I can't ram some reality through some really thick heads.
This is from the final impact report which was issued in January 2014
On March 11, 2010, the NEB issued its Reasons for Decision granting Keystone’s application. The NEB’s Reasons for Decision included an Environmental Screening Report (ESR) that was prepared to meet the requirements of Canadian Environmental Assessment Act for the Canadian portion of the proposed pipeline. The ESR concluded that implementation of the proposed pipeline in Canada would not likely result in significant adverse environmental effects with incorporation of Keystone’s proposed measures to avoid or minimize impacts and with Keystone’s acceptance of the NEB’s regulatory requirements and recommended conditions attached to the ESR (see also Section 4.15.4.1, Canadian National Energy Board Environmental Analysis of the Proposed Project, for a listing of NEB’s conditions).
Chapter 1, Section 7, ENVIRONMENTAL REVIEW OF THE CANADIAN PORTION OF THE KEYSTONE 1.7
XL PROJECT, Final Supplemental Environmental Impact Statement
And this is Chapter 4, Section 16, or a list of all the potential impacts of the project...and what I see reading through it. is that there are negligible or limited impacts to the surrounding environment:
http://keystonepipeline-xl.state.gov/documents/organization/221192.pdf
Given these things, it would be reasonable to assume that the same circumstances would be true here in the United States. So, what other rationales are there for stopping this project? In the time it has taken to block this project, (over 5 years) the pipeline could already be close to completion.
tar sands oil spills - Google Search
... and TransCanada estimates two spills every year.
Actually, it was the oil companies who said that.Lying Dems told us it would be 15 to 20 years before new oil drilling would have any effect on gas prices, yet just 6 years later gas has fallen to around $2 a gallon. Dismayed at this how do Dem's react? Yes they propose to raise gas taxes on the poor and middle class. lol I almost feel sorry for them they have suffered so much failure since 2008.