william the wie
Gold Member
- Nov 18, 2009
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Rolling back regulation is one thing but how will that sell coal in the domestic market? Natural gas and oil prices have nowhere to go but down as pipelines extend into the fields. India, China and parts of Latin America and Africa still use more coal than they can produce but the profit after shipping that far will not be that much.
Likewise oil and gas wells will need high quality output to sell, which makes me wonder how long it will take for keystone to go belly up. Canadian tar sands are at the lower limit of what can be sold as crude.
While I have no problem with Trump's policy positions I do think the law of unintended consequences will run wild.
Likewise oil and gas wells will need high quality output to sell, which makes me wonder how long it will take for keystone to go belly up. Canadian tar sands are at the lower limit of what can be sold as crude.
While I have no problem with Trump's policy positions I do think the law of unintended consequences will run wild.