Tar sands are going to be mined. At the moment, the sands are on the high end of the cost scale, but in time will become the most abundant oil source. The high prices the tar sand oil requires to extract provide a massive profit for the sweet crude that is being pumped. We can produce far more than we are processing. Shut down refineries, and the finished product becomes expensive. Get the greenies all riled up and their actions will increase the prices for fuel, which then helps bloat the profits for the oil companies. It is sad to see the ecofreaks manipulated so easily to act for the benefit of those they oppose so vehemently.
The Canadians will make money from the petroleum if we are involved or not. Put it into a pipeline to the Gulf, and the US economy makes a dime on the deal. In time, the tar sands in the west will be plundered and being able to hook into the existing pipes will be a boon. Filling little boats with oil and sending it to the Old World is going to happen no matter who sets up shop in the swamps of the Potomac. Again, Canada will have that oil in a pipeline. Ours or one of their own making headed to New Foundland. They are fairly well on the way to getting a western outlet for the oil headed to China. clay On Feb 13, 2015, at 7:09 AM, Rich Thomas via Mercedes wrote: > Canadians are going to produce the tar sands either way, and it will be > exported. The pipeline would benefit American business/jobs. Pipelines are > much safer than moving the oil by railroad, which is being done now and will > continue, though if the pipeline were built Warren Buffett (FOO) would not be > happy. The greenie resistance is marginally reasonable absent other factors, > but not so much in the context of the whole picture. > > ---R > > On 2/13/15 9:45 AM, Andrew Strasfogel via Mercedes wrote: >> We need it like a hole in the head. Canada needs it to get their tar sands >> oil to world markets. Recovering that oil requires huge amounts of >> greenhouse gas emitting energy to sweat it out of the matrix. Obama will >> veto the legislation but even if he didn't, there are also sticky legal >> issues in Nebraska state courts regarding authority by a foreign entity to >> exert eminent domain to cross private lands. >> >> On Thu, Feb 12, 2015 at 8:52 PM, Mountain Man via Mercedes < >> mercedes@okiebenz.com> wrote: >> >>> clay wrote: >>>> Keystone will not die... >>> Keystone seems to be a strange animal with low oil prices. Why do we >>> need a new pipeline? They said our reserves onhand are higher than we >>> have seen in years. >>> I heard that Goldman suggested $20/barrel oil. >>> mao >>> >>> > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > All posts are the result of individual contributors and as such, those > individuals are responsible for the content of the post. The list owner has > no control over the content of the messages of each contributor. _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com All posts are the result of individual contributors and as such, those individuals are responsible for the content of the post. The list owner has no control over the content of the messages of each contributor.
