To: cotton1706
With the price of oil dropping, there's no rush to approve the pipeline now.
We should know by now that most of the jobs created by the pipeline will be Union jobs which means the final price will be greatly bloated and a huge chunk of the money appropriated for it will end up back in 'RAT campaign accounts and there will be billions if not trillions of dollar of pork attached to it.
5 posted on
01/23/2015 7:06:59 AM PST by
Texas Eagle
(If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
To: Texas Eagle
If that is true, why is Obamba and most Dims dead set against it? That makes no sense!
8 posted on
01/23/2015 7:08:44 AM PST by
gr8eman
(Don't waste your energy trying to understand commies. Use it to defeat them!)
To: Texas Eagle
With the price of oil dropping, there's no rush to approve the pipeline now.
Yeah, and when the price is high again, the enemy will say, why build it now? We won't see any oil for five years. The cost overruns are already factored in, and the fact is that the pipeline will make the North American fuel more competitive in cost, and the producers get to see more of the money, will produce more, and keep the price more reasonable.
13 posted on
01/23/2015 7:13:53 AM PST by
Dr. Sivana
(There is no salvation in politics)
To: Texas Eagle
With the price of oil dropping, there's no rush to approve the pipeline now. Nonsense, do you think we will use less because the price is low?
Canada Doesnt Need Keystone XL to Win U.S. Crude Supply Battle
http://www.bloomberg.com/news/2015-01-08/canada-wins-u-s-crude-supply-battle-without-keystone-xl.html
Exports by rail have more than tripled to a record 182,000 barrels a day in the third quarter, from about 57,000 barrels a day two years earlier, according to Canadas National Energy Board....
Due to investments already committed, oil-sands production is poised to rise 36 percent to at least 2.6 million barrels a day by 2017, Peters & Co., a Calgary-based investment bank, said in a November forecast.
Projects now under construction will require 1 million barrels a day of new pipeline space, said Chris Cox, an analyst at Raymond James Ltd. in Calgary.
What you should expect this year is that all incremental heavy oil barrels are effectively going to be transported by rail, Cox said....
16 posted on
01/23/2015 7:23:16 AM PST by
thackney
(life is fragile, handle with prayer)
To: Texas Eagle
With the price of oil dropping, there's no rush to approve the pipeline now.
Keystone isn't about the price of oil now, it's about the price 5-10+ years in the future.
Oil won't stay this low forever, one conflict in Europe or the unstable Middle East - not unlikely at all, given the current players - and oil will be expensive again.
Keystone is about planning ahead.
To: Texas Eagle
That’s a rather negative view that doesn’t take note of the future......
if you build it, they will come. That which is flowing can be sold
buying and selling makes the world go round
31 posted on
01/23/2015 7:44:16 AM PST by
bert
((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
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