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Keystone XL Pipeline

Home Forums General Columbus Discussion Keystone XL Pipeline

Viewing 6 posts - 16 through 21 (of 21 total)
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  • #489278

    Buster Bluth
    Participant

    Paul said:
    It’s not clear from your comment if you understand that the Keystone XL pipeline is not intended to supply oil for the US domestic market. Its economic driver is getting dil bit to Texas for it to be upgraded and refined and sold to Latin America and Europe.

    There is more than sufficient capacity with the existing infrastructure to supply all the oil that the US consumes domestically.

    Right now the Canadian oil sands companies are most concerned with getting their landlocked product out to the global market. See also: http://en.wikipedia.org/wiki/Enbridge_Northern_Gateway_Pipelines

    I could give a crap where it ends up…does it create American jobs and add wealth to the economy? Yes and yes.

    #489279

    Paul
    Participant

    Buster Bluth said:
    I could give a crap where it ends up…does it create American jobs and add wealth to the economy? Yes and yes.

    LOL. What have you been reading? And where did you get your econ degree from?

    Your homework assignment is to read up more on the actual details of the pipeline and its economic impacts, and then report back.

    #489280

    Buster Bluth
    Participant

    Paul said:
    LOL. What have you been reading? And where did you get your econ degree from?

    Your homework assignment is to read up more on the actual details of the pipeline and its economic impacts, and then report back.

    So it has no benefit to the US? None?

    #489281

    Paul
    Participant

    Buster Bluth said:
    So it has no benefit to the US? None?

    Does it have a net positive or net negative benefit to US citizens?

    Industry experts say net negative, and I agree.

    #489282

    pedex
    Participant
    #1100908

    News
    Participant

    Obama rejects Keystone XL pipeline
    By Elise Labott and Dan Berman, CNN
    Updated 3:27 PM ET, Fri November 6, 2015

    Washington (CNN)President Barack Obama on Friday rejected the proposed Keystone XL pipeline, ending the political fight over the Canada-to-Texas project that has gone on for much of his presidency.

    READ MORE: http://www.cnn.com/2015/11/06/politics/Keystone-XL-pipeline-decision-rejection-Kerry/

Viewing 6 posts - 16 through 21 (of 21 total)

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