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To: buckalfa
Based on my own experience with these pipeline rackets, I’d say there would have been less than a 50% chance that the pipeline ever would have been constructed even if there was no political opposition at all.

I’ve seen these major energy producers play this charade where they go through this long permitting process for a new pipeline just to keep their competitors from expanding their own pipeline capacity. With advances in fracking natural gas has gotten dirt cheap, and restricting pipeline capacity is the easiest way for these companies to keep prices high for their customers.

8 posted on 07/05/2020 2:02:46 PM PDT by Alberta's Child ("We're human beings ... we're not f#%&ing animals." -- Dennis Rodman, 6/1/2020)
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To: Alberta's Child

“I’ve seen these major energy producers play this charade where they go through this long permitting process for a new pipeline just to keep their competitors from expanding...”

Yeah, Chesapeake went broke and things like that were part of the reason. You fight on the battlefield the government gives you in the energy biz. There’s no choice except other countries, and they are even more corrupt.


13 posted on 07/05/2020 2:19:52 PM PDT by SaxxonWoods (Prediction: G. Maxwell will surprise everyone by not dying anytime soon.)
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