Oil Slick Stuff

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I'm just curious- do all you (R)s' who are supporting the building of the XL pipeline-

do you all understand that if the pipeline is built, it will be built to the Gulf Coast, and that will mean all that Canadian oil will be exported overseas, and the price of gasoline at the pump in the middle of the nation, which is now generally surppressed because the oil is all stacked up in Oklahoma, that the price of gasoline will go UP for Americans? Do you all understand that?

I watched the Congressional hearings on the pipeline issue earlier this week, and several industry folks talked about how today, much of that oil flows to a pipeline that ends in Oklahoma, meaning Oklahoma and surrounding areas have MORE OIL than they can deal with, so it lowers the price of gasoline there. And they testified that if the pipeline is built, it will allow companies to move that oil to the Gulf of Mexico, and export it around the world, and that will relieve the oversupply into Oklahoma with now is suppressing prices. When it is built, the price of gas in Oklahoma and surrounding states will be more like the pricing in New York, or California.

You guys understand that, right?

Current pipeline map-
CrudeLines.jpg

Proposed added Keystone XL Pipeline route to the Gulf of Mexico ports at Houston:

keystone.jpg
 
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I'm behind it 100%, I just hope that the current Administration is smart enough to apply regulations that will support OUR economy, I doubt it. Oil from Canada isn't the only Oil/Gas that will be transported through the pipeline don't forget that we DRILL for the stuff in the Good Old USA and most of that is regulated to be used in the USA.


Oil regulationUnited States
Charles Caldwell, Cathy Lewis, Larry Nettles and William Vigdor
Vinson & Elkins LLP


29
Do special rules apply to cross-border sales or deliveries of crude oil
or crude oil products?
Imports
Yes, with respect to imports, compliance with the US Federal Trade
Commission, the Consumer Product Safety Commission (if a consumer
product), US Customs, the US Department of Transportation
(if the product is a hazardous material), the US Department of
Energy, and the federal Energy Regulatory Commission regulations
and standards, as applicable, is required. Generally, import licences
are no longer needed to import petroleum products into the US but
in certain situations an import authorisation from the Department of
Energy may be required.
Exports
The Department of Commerce currently imposes export controls on
domestically produced crude oil. A license is required for the export
of crude oil to all destinations, including Canada. Only in limited circumstances
will the Department of Commerce approve applications
to export crude oil, consistent with the regulations of the Bureau of
Industry and Security, which may require a presidential finding before
the export can be authorised
Click to expand...
http://www.velaw.com/uploadedFiles/VEsite/Resources/UnitedStates.pdf
 
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North Dakota's Oil will also probably figure into the mix too...

And Jim, Our oil/ gas here in Oklahoma will always be cheaper than Michingan's..deal with it.:toung:

Gas today $2.89 for E10, $2.95 for 100% pure
 
nnuut said:
I'm behind it 100%, I just hope that the current Administration is smart enough to apply regulations that will support OUR economy, I doubt it. Oil from Canada isn't the only Oil/Gas that will be transported through the pipeline don't forget that we DRILL for the stuff in the Good Old USA and most of that is regulated to be used in the USA.


Oil regulationUnited States
Charles Caldwell, Cathy Lewis, Larry Nettles and William Vigdor
Vinson & Elkins LLP



http://www.velaw.com/uploadedFiles/VEsite/Resources/UnitedStates.pdf
Click to expand...


Ahhhh....no.

The oil produced in Canada is NOT domestic oil, and therefore is not subject to the regulation that restricts export.

In fact, one Congressman tried to introduce an Amendment on the current bill which would do exactly that- make the Canadian oil going through the pipeline limited to U.S. consumption only and be banned for export. The Congressman's amendment was not allowed to be voted on.

Here is Congressman Connolly of Virginia's(D) amendment that would have made the Canadian oil subject to that same restriction- that it not be sold outside the U.S. - and that amendment was not allowed to proceed:

http://www.rules.house.gov/amendments/CONNOL_084_xml722111324522452.pdf
 
Buster said:
North Dakota's Oil will also probably figure into the mix too...

And Jim, Our oil/ gas here in Oklahoma will always be cheaper than Michingan's..deal with it.:toung:

Gas today $2.89 for E10, $2.95 for 100% pure
Click to expand...

Ok- quote me now on this one Buster. If the pipeline is built, there will no longer be a surplus of oil stacking up in Oklahoma at Cushing. As a result, YOUR pump price in Oklahoma will no longer be below the prices elsewhere.

Quote me on that.
 
nnuut said:
We might have to build more Refineries, MORE JOBS!

20,000 POSTS, finally!:laugh:​
Click to expand...

Congrats on the 20,000 posts.

The jobs created will be about 100 jobs to run the pipelines, and then several thousand environmental cleanup jobs to handle the spills that result.
 
For Buster-
Congressman from Virginia says that building the Keystone pipeline will cause an increase in pump prices in Oklahoma.

 
I really don't care what made up reason you have for not approving this pipeline. We have thousands of miles of Oil and Gas pipes running all over the USA now, I don't see any or many problems but you know there is bound to be and if they spill a few 100 thousand barrels they will dig it up and extract the oil for use. Tell me the truth, why is it you and Obama don't approve of our country having more oil going to the refineries and helping to improve our energy needs, and providing MORE jobs what is the real reason? From what I see it's a hidden agenda.
 
nnuut said:
We have thousands of miles of Oil and Gas pipes running all over the USA now, I don't see any or many problems but you know there is bound to be and if they spill a few 100 thousand barrels they will dig it up and extract the oil for use. Tell me the truth, why is it you and Obama don't approve of our country having more oil going to the refineries and helping to improve our energy needs, and providing MORE jobs what is the real reason? From what I see it's a hidden agenda.
Click to expand...

There were 341 oil pipeline spills in the USA registered this past year.
http://finance.yahoo.com/news/ap-enterprise-russia-oil-spills-050153139.html

I don't mind building new pipelines. But you have to ask-first, are we building them to be a safe as we have the technology to do (answer is no- we can do much, much better, with double walled pipelines, but that would cost more). and we have to ask is the public interest served by building more pipelines? (*No- if the oil is being exported to China or Europe, then why should Keystone get the power of government to force through permits and take over land, if the public doesn't benefit- only private shareholders benefit?)

And why rush it through, without considering all the environmental ramifications, and doing the review correctly, and in accordance with the existing rules? Why waive rules for one pipeline, that will raise gasoline prices for Americans, benefit only the investors, and ...according to that video, ONLY result in a few full time jobs created? (One estimate says the Keystone Pipeline will result in 1,714 jobs for bartenders will be created. I kid you not- http://www.startribune.com/opinion/otherviews/135746288.html?page=1&c=y )
 
I know why, VOTES just wanted it straight from the horses mouth. BS!
You had best call quickly.
Breaking news: Obama caving on Pipeline, Big Oil back-room deal fast-tracks

Deborah Dupre

, Human Rights Examiner
December 16, 2011

"There’s no way to sugarcoat it -- if the President allows Keystone to move forward, he will be failing the single biggest environmental test of his presidency."
According to Meisel, the next few hours are crucial and the President needs to hear from the public that cutting a back-room deal with Big Oil on Keystone XL is unacceptable.
"If he steps up and threatens to veto this bill, he can stop this pipeline in its tracks."
Meisel is urging human and environmental rights defenders to immediately make a call to the White House: 202-456-1111
Click to expand...



http://www.examiner.com/human-right...n-pipeline-big-oil-back-room-deal-fast-tracks
 
James48843 said:
The jobs created will be about 100 jobs to run the pipelines, and then several thousand environmental cleanup jobs to handle the spills that result.
Click to expand...
How about the 20,000+ jobs to build it...Let's not forget about them..

and a hundred jobs to run it?...REALLY?..are you smokin crack again Jim..?

Ok- quote me now on this one Buster. If the pipeline is built, there will no longer be a surplus of oil stacking up in Oklahoma at Cushing. As a result, YOUR pump price in Oklahoma will no longer be below the prices elsewhere.

Quote me on that.
Click to expand...
Is that like you will go on record?...You are so laughable Jim..I'm happy to say you will also be wrong on this one..In your zeal to put down, criticize, demean, and find fault with anything and everything about Oklahoma is pathetic..It still won't change the fact that Michigan sucks and only foreigners with towels wrapped around their heads is all that will live there besides you and you're gonna pay out the a$$ for your gas, even if it's half soybean oil...HA!
 
Russia oil spills wreak devastation
​
USINSK, Russia (AP) --On the bright yellow tundra outside this oil town near the Arctic Circle, a pitch-black pool of crude stretches toward the horizon. The source: a decommissioned well whose rusty screws ooze with oil, viscous like jam.
This is the face of Russia's oil country, a sprawling, inhospitable zone that experts say represents the world's worst ecological oil catastrophe.
Environmentalists estimate at least 1 percent of Russia's annual oil production, or 5 million tons, is spilled every year. That is equivalent to one Deepwater Horizon-scale leak about every two months. Crumbling infrastructure and a harsh climate combine to spell disaster in the world's largest oil producer, responsible for 13 percent of global output. Oil, stubbornly seeping through rusty pipelines and old wells, contaminates soil, kills all plants that grow on it and destroys habitats for mammals and birds. Half a million tons every year get into rivers that flow into the Arctic Ocean, the government says, upsetting the delicate environmental balance in those waters.

http://finance.yahoo.com/news/ap-enterprise-russia-oil-spills-050153139.html
 
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