Posted on 04/06/2022 8:57:31 AM PDT by gattaca
In a desperate effort to alleviate pressure at the pump that’s left Americans coping with the highest gas prices on record compounded by inflation, the Biden administration is reportedly seeking ways to import more oil from Canada. Too bad President Joe Biden spiked the Keystone XL Pipeline that was expected to bring 830,000 barrels of Canadian crude to Gulf refineries upon inauguration.
The Wall Street Journal reported Tuesday the White House is now facing the consequences of its own war on domestic energy projects using fossil fuels but refuses to reverse course.
“Biden administration officials are seeking ways to boost oil imports from Canada, people familiar with the situation say, but with one big caveat—they don’t want to resurrect the Keystone XL pipeline that President Biden effectively killed on his first day in office,” the Journal wrote. “The people said deliberations are in early stages and that no clear-cut solutions have emerged.”
Instead, White House alternatives point to rail for transport, undermining the purpose of its Keystone cancellation with environmental risks and emissions elevated in comparison to those presented by pipeline.
“Canada could export some more oil via rail, according to analysts and others familiar with the situation, and it could also pump more oil by increasing pressure on existing lines or by installing larger pipelines along permitted routes,” the Journal added. “Those options, however, offer limited potential because rail transport is expensive and existing pipelines are at or near capacity.”
When explaining options to circumnavigate the surprise shutdown of the Colonial Pipeline after a ransomware attack last spring, Energy Secretary Jennifer Granholm explained her preference for pipe over rail for its reliability.
“Pipe is the best way to go,” Granholm professed, months after the administration axed permits for the Keystone Pipeline while simultaneously setting up European dependence on Russian energy supplies by endorsing the Nord Stream 2.
“Remember, it was the Obama and Biden administration’s own State Department that said Keystone was environmentally sound,” Tom Pyle, president of the American Energy Alliance, told The Federalist. “Instead of giving the green light, though, they mothballed the project for eight years. Had they done the right thing then, Canada’s oil would already be flowing through the pipeline to our refineries in the Gulf of Mexico and we wouldn’t have to go begging for it in places like Iraq and Venezuela.”
Biden has made a habit of demanding the Organization of Petroleum Exporting Countries (OPEC), which includes Iraq, increase output to quell rising prices. The White House has also looked at lifting Venezuelan sanctions to resume imports of its shunned reserves.
Instead of unleashing domestic energy production to meet high demand and counter turmoil in global markets rocked by Russia’s invasion of Ukraine, however, President Biden has sought to empty the nation’s strategic petroleum reserves maintained for emergencies. Last week, Biden announced the “unprecedented” release of more than 180 million barrels of stored crude over a six-month period as the president does everything possible to avoid promoting long-term sustainable American production by reclaiming energy dominance.
“This record release will provide a historic amount of supply to serve as bridge until the end of the year when domestic production ramps up,” the White House stated in a fact sheet that also encouraged Americans to buy electric cars to save on gas. Most Americans already grappling with inflation at a four-decade high, however, aren’t likely to save with the average cost of an electric vehicle north of $56,400, according to the Kelly Blue Book in December.
Meanwhile, after Biden’s latest release from the nation’s emergency reserves, the stockpile will be depleted to about two-thirds of its authorized capacity after the president tapped the supplies for political capital last November and in early March.
Biden’s decision to shop Canadian for more oil also overlooks American capacity to ramp up production, with the U.S. Bureau of Land Management (BLM) sitting on more than 4,600 permit applications for drilling industry leaders say could propel domestic supply almost immediately if approved.
A MORON who’s run by Obama......and yesterday proved it!
The stupid...it hurts.
He shut it down on day one. Who owns the trains that deliver it now as a result? Initials WB ring a bell?
The think about Democrats and too many Republicans for that matter is that they don’t realize that they just need to get out of the way. Significantly less government solves most problems.
We were energy independent.
But watch out that he isn't importing and then sending it to Europe. I think that's his real plan.
Sc*** me once...etc etc
Hear the “ka-ching” in Warren Buffet’s pocket!
For anyone who cares, here is oil 501.
All oil is not created equal. The primary measure of viscosity is called API. American Petroleum Institute, but in this it means specific gravity. How thick/viscous is the oil. There are other important parameters like sulpher content, but they are not important for this particular item.
Canadian oil sands oil is very viscous. It’s hard to get it to flow in pipelines. What is done is a blending with diluent. The diluent is the very light, thin, shale oil, often from the Bakken. The combination flows in pipes readily.
The API issue is much more than ease of flow. It is also constituent components of the crude. All oil is not created equal. Bakken oil per barrel has less diesel or kerosene (jet fuel) in it than it has gasoline. And far less diesel than the gold standard of middle distillates, Libyan oil.
The heavy / thick / viscous oil sands oil has diesel as well as gasoline. We need it. Or food doesn’t get to shelves because diesel powers trucks.
So, pipelines for Canadian oil in north Alberta need to be bidirectional. The Bakken diluent has to go north before the blended oil can go south.
Rule 3 in the collectivist book: never reverse course.
No need to build a pipeline. Since Canada is above us on the map, and everyone knows that liquid runs downhill, the solution is to just allow the oil to freely run across the land onto US soil.
“..He shut it down on day one. Who owns the trains that deliver it now as a result? Initials WB ring a bell?....”
But...but....but that’s odono’s BBF, no Joe’s. Darn it!!!!
Obama is just a puppet, himself.
Keystone 1 is still going, it was Keystone 2 he stopped while in construction. We can still get Canadian Oil.
Actually, there’s a very good reason: He’s an idiot.
Mr. Buffet’s freight trains will haul it away for 5 times the cost and 10 times the danger.
Keystone XL was going to transport Tar Sands oil which is hard to refine and was not going to be sold here in any event.
RE: Too bad President Joe Biden spiked the Keystone XL Pipeline
What’s stopping him from re-starting the Keystone XL Project?
Department of the Interior: Congratulations, here is you newly approved lease permit to drill for oil on federal land.
Oil Company: But that’s out in the middle of nowhere. Where is my permit to build access roads and drill wells for water?
Department of Interior: That land is off limits to road construction and water well production.
And I hafta believe that Soros is running the economy in Ukraine.
RE: Keystone XL was going to transport Tar Sands oil which is hard to refine and was not going to be sold here in any event.
So, was that the reason for stopping the pipeline?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.