Warner Brothers?
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.
An example of how the Pedo Rats destroy otherwise healthy & functioning societies.
Could we possibly be governed by people more moronic than this bunch?
January 1858, The North American Review, pg. 233: "There is truth in the saying, that ‘nations have the government they deserve.’"
Are you saying nonbinary pipelines won’t work? What are you? A transphobe?
Yup, Biden did that!
This is just too funny. He went around the world looking for oil and bypassed Canada until now. The Saudi’s and some other Arab nations would not even pick up the phone when he called. Build the pipeline you stupid POS.
That’s not the point. The goal is to get more oil on the global market, which drives down prices, helping our economy and damaging Pooty’s. The oil would be refined in TX & where it is used will be determined by demand.
The tar sands oil will be used one way or another. Why make its transport inefficient and riskier (rail)?
Old article, but pertinent (TX impact statement from 2012):
https://stateimpact.npr.org/texas/tag/keystone-xl-pipeline/
Blending oil varieties has been practiced since the early days of refining. A big reason the refining industry is concentrated on the gulf coast is to have the most economical access to heavy crudes for blending.
10% for the Big Guy!
That’s where Warren Buffet’s trains come into play and ole’ Warren gets his payoff.
I may be reading too much into it, but, I’m going to guess the Northern section of Keystone was designed to handle tar sands oil with “some” dilutent, then more shale oil would be added @ Bakken to better utilize existing pipelines going south.
https://stateimpact.npr.org/texas/tag/keystone-xl-pipeline/
Thank you for your expertise in petroleum distillates.
Years ago we formerly relied on Freeper Thackney, who has been absent from the forum for several years now.
He had explained to me once that the Canadian Tar Sands oil does not displace the need for US oil. It is more of a competitor to Venezuela or Iranian oil. These are also heavy sulfur petroleum products.
Feel free to enlighten me/us if I misstated.
IF you can all recall the people of a Lac-Meganic, PQ know full well the effects of an oil train destroying their town.
https://www.bbc.com/news/world-us-canada-42548824
That train came from AB, destined to Irving’s refinery in St John’s, NB. 47 people died.
The oil from Keystone, blended with Bakken, I should be clear, would primarily be refined in TX...
Very interesting, thanks for the explanation. With your permission, I want to cut and paste, send to a few smart friends.
The short sightedness was to think the entire world would be stable and nothing would ever change.
That is the main problem with Bidens administration.
A focus group decided it was a win for the camp Democrat to shut down any perceived potential increase in fossil fuels.
The main reason for stopping the pipeline is that it would lower the cost of transporting the oil out of Alberta.
By lowering the cost to transport, it increases the price/barrel that they get for the oil FOB Alberta.
By increasing the return in Alberta, they will increase Tar Sands production. Increasing Tar Sands production is viewed by the Greenies/environmentalist as the worst rape of mother earth going on in the world today. Akin to beating baby seals over the head with a club or harvesting whales.
FYI, all the pipelines out of AB are full. There is only one pipeline that currently goes west to Vancouver. They are doubling the size of that. They also want to build a pipeline directly west to the BC coast. IF they build the pipeline to BC/Pacific Ocean it will make AB oil cheaper than Alaska oil delivered to the Pacific Ocean. This will benefit the western US(CA,WA,OR,ID) consumers. It will also greatly benefit CHINA, Japan, Korea.
China also has the excess capacity to refine this type of oil. IF this western Canadian pipeline gets built, China will become AB’s biggest customer.
Walked into another Rake.
Norman points and laughs at the Clown in the dark tailored suit.
Biden knows what the answer is, but he is too dumb to take it.
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.