Wyatt earp
Diamond Member
- Apr 21, 2012
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Clogged oil arteries slow U.S. shale rush to record output
The real interesting part of this article is why we are still dependent on foreign oil on the left coasts, its because of the stupid green weenes and AGW cult they won't let any new pipe lines to be built and once again poor liberals are voting against their own interest ...
Pipeline construction often lags production booms by years - if proposed lines are built at all - because of opposition from environmentalists and landowners, topographic obstacles, and permitting and construction challenges. That forces drillers to limit output or ship oil domestically, usually by rail - which is more costly and arguably less safe.
The crimped production, in turn, costs the economy jobs, keeps prices higher for consumers and stymies the nation's long-held geopolitical goal of reducing dependence on foreign oil.
*snip*
The challenges to building new pipelines are likely to keep the East and West Coast markets - where most Americans live - dependent on imported oil, said Doug Johnson, vice president at Tallgrass Energy Partners (TEP.N), which operates pipelines and storage facilities in the central and western United States.
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Obstacles to pipeline construction are coming into sharp focus as resurgent shale firms, after a two-year downturn, are now on pace to take domestic crude oil output to a record in 2018, surpassing 10 million barrels per day (bpd), according to the U.S. Energy Department.
That would top the previous peak in the early 1970s and challenge Russia and Saudi Arabia for the title of top global producer.
The real interesting part of this article is why we are still dependent on foreign oil on the left coasts, its because of the stupid green weenes and AGW cult they won't let any new pipe lines to be built and once again poor liberals are voting against their own interest ...
Pipeline construction often lags production booms by years - if proposed lines are built at all - because of opposition from environmentalists and landowners, topographic obstacles, and permitting and construction challenges. That forces drillers to limit output or ship oil domestically, usually by rail - which is more costly and arguably less safe.
The crimped production, in turn, costs the economy jobs, keeps prices higher for consumers and stymies the nation's long-held geopolitical goal of reducing dependence on foreign oil.
*snip*
The challenges to building new pipelines are likely to keep the East and West Coast markets - where most Americans live - dependent on imported oil, said Doug Johnson, vice president at Tallgrass Energy Partners (TEP.N), which operates pipelines and storage facilities in the central and western United States.
.
.
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