Biden Plans to Revoke Keystone Pipeline

[wufan]

Anybody on here an expert on the Keystone Pipeline deal or perhaps in the refining business? You see, I suspect that the majority on this fine forum have no idea how the pipeline ultimately affects our country. We know it has environmental costs which we will bear. We know not how much. But oil is a natural resource and its supply onto the world markets directly influences the price, denominated in U.S. Dollars. Considering we are a net exporter of oil, how is it that we are able to assist a neighboring country who is in direct competition w/ us in the world marketplace and have it make sense for both countries?

You see, I suspect this Keystone Pipeline is benefitting Canada and a few major oil companies who have a massive lobbying presence in Washington and have the Republicans by the balls (Texas). So once the plan is in place, the talking points are distributed throughout the party and down to the propaganda surrogates; a.k.a., Limbaugh, Hannity, Laura, Levin, etc.

It goes something like this:



Do your research. Then unplug. Don't be a puppet (or a parrot).

P.S. And let me know what you find if you really want to do the hard work of figuring out the pipeline deal for yourself.

P.P.S. Game Theory dictates that we do not assist Canada in harvesting their oil.

Why do think this is an environmental problem more so than a road or a fail road track?

We get paid for refining and exporting, so it’s a net benefit to both countries and the world. Economics isn’t a zero sum game. I would of thought you would know that.

[Shockm]

Won’t this disruption of the pipeline, inadvertently help Iran in the long run? If oil prices go up, it helps their economy? I will answer a yes. Today, it was said that Iran May be 5 years from a nuclear weapon. Israel said if our relations with Iran go back to the way it was before Trump would only give them one option, and that would be to prepare for WAR. While prices are only part of that issue, they are a still would allow Iran economic relief.

[wufan]

Won’t this disruption of the pipeline, inadvertently help Iran in the long run? If oil prices go up, it helps their economy? I will answer a yes. Today, it was said that Iran May be 5 years from a nuclear weapon. Israel said if our relations with Iran go back to the way it was before Trump would only give them one option, and that would be to prepare for WAR. While prices are only part of that issue, they are a still would allow Iran economic relief.

Not to worry! I even if this doesn’t help them, Biden going to send an airplane of cash!

[MikeKennedyRulZ]

Wow! Seriously what is wrong with the Con. I think he is off his meds. Even for him, he is making no sense. Just a babbling bafoon at this point.

[C0|dB|00ded]

Why do think this is an environmental problem more so than a road or a fail road track?

We get paid for refining and exporting, so it’s a net benefit to both countries and the world. Economics isn’t a zero sum game. I would of thought you would know that.

I was pretty explicit with my qualifier. "We know it has environmental costs which we will bear. We know not how much."

I said nothing about the entire operation being zero sum. What I alluded to was one specific and large aspect involving supply imbalances and commodity pricing - which clearly affects every single aspect of the oil industry in America. Canada happens to be #3 in oil exports. I'm not 100% against helping them move their oil, as the flip-side of depreciated commodity prices (within reason) is a helping hand for consumers, what I asked is for informed input on who the actual winners and losers are.

If for example the Keystone project has an environmental cost of 10 units for the States and 10 units for Canada, while offering Canada 100 units of GDP and only 40 for us, then their marginal benefit far exceeds ours. Sound Economicky enough for you?

What I suspect is that the beneficiaries in America is a much smaller group than Canada. Much of Canada's generous social support programs are a reality because of their vast oil exports relative to their population size. They truly are the Land of Canaan if Canaan was colder than hell most months of the year. We will never be able to afford what they can. Too many people.

[C0|dB|00ded]

Wow! Seriously what is wrong with the Con. I think he is off his meds. Even for him, he is making no sense. Just a babbling bafoon at this point.

R.O.S.K. is making plenty of sense. Perhaps you are just unable to fully grasp his concepts. Don't hate what you can't understand. Listen. Then...

UNPLUG!

[MikeKennedyRulZ]

R.O.S.K. is making plenty of sense. Perhaps you are just unable to fully grasp his concepts. Don't hate what you can't understand. Listen. Then...

UNPLUG!

He's not making any sense. He's throwing out triggered personal attacks and that is it. Nothing he has said makes any sense. I actually think he might be on drugs.

#unity

[Shockm]

I was pretty explicit with my qualifier. "We know it has environmental costs which we will bear. We know not how much."

I said nothing about the entire operation being zero sum. What I alluded to was one specific and large aspect involving supply imbalances and commodity pricing - which clearly affects every single aspect of the oil industry in America. Canada happens to be #3 in oil exports. I'm not 100% against helping them move their oil, as the flip-side of depreciated commodity prices (within reason) is a helping hand for consumers, what I asked is for informed input on who the actual winners and losers are.

What I suspect is that the beneficiaries in America is a much smaller group than Canada. Much of Canada's generous social support programs are a reality because of their vast oil exports relative to their population size. They truly are the Land of Canaan if Canaan was colder than hell most months of the year. We will never be able to afford what they can. Too many low earning illegals who pay little or no taxes, not to talk about the welfare they receive in blue states.

FIFY

[wufan]

I was pretty explicit with my qualifier. "We know it has environmental costs which we will bear. We know not how much."

I said nothing about the entire operation being zero sum. What I alluded to was one specific and large aspect involving supply imbalances and commodity pricing - which clearly affects every single aspect of the oil industry in America. Canada happens to be #3 in oil exports. I'm not 100% against helping them move their oil, as the flip-side of depreciated commodity prices (within reason) is a helping hand for consumers, what I asked is for informed input on who the actual winners and losers are.

If for example the Keystone project has an environmental cost of 10 units for the States and 10 units for Canada, while offering Canada 100 units of GDP and only 40 for us, then their marginal benefit far exceeds ours. Sound Economicky enough for you?

What I suspect is that the beneficiaries in America is a much smaller group than Canada. Much of Canada's generous social support programs are a reality because of their vast oil exports relative to their population size. They truly are the Land of Canaan if Canaan was colder than hell most months of the year. We will never be able to afford what they can. Too many people.

What are you bitching about if the environmental costs are same/less and everyone benefits/is neutral?

I know you’re trying to play the other side, but even in your best efforts it’s weak. Need to quadruple down on the alien virus! You’re better at playing devil’s advocate when you know nothing about the subject.

[wufan]

R.O.S.K. is making plenty of sense. Perhaps you are just unable to fully grasp his concepts. Don't hate what you can't understand. Listen. Then...

UNPLUG!

He’s telling posters children to play in unprocessed oil.

[C0|dB|00ded]

What are you bitching about if the environmental costs are same/less and everyone benefits/is neutral?

I know you’re trying to play the other side, but even in your best efforts it’s weak. Need to quadruple down on the alien virus! You’re better at playing devil’s advocate when you know nothing about the subject.

I would be bitching about equal negative externalities because in Canada they return a lot of the proceeds from their natural resource wealth to the people. IF the beneficiaries of the pipeline in the US were known to be small, then there would be an unequal negative cost to the citizenry of the States.

I have already admitted I know very little about the pipeline, that is why I'm requesting input from those who may have more specialized knowledge.

You can attempt to correct my economics and I'll attempt to correct your medicine.

[C0|dB|00ded]

He’s telling posters children to play in unprocessed oil.

I can't recommend that activity - processed or unprocessed.

[wufan]

I can't recommend that activity - processed or unprocessed.

So he’s making sense, except for this part.

[wufan]

I would be bitching about equal negative externalities because in Canada they return a lot of the proceeds from their natural resource wealth to the people. IF the beneficiaries of the pipeline in the US were known to be small, then there would be an unequal negative cost to the citizenry of the States.

I have already admitted I know very little about the pipeline, that is why I'm requesting input from those who may have more specialized knowledge.

You can attempt to correct my economics and I'll attempt to correct your medicine.

I’m not attempting to correct your economics, just pointing out that you don’t even believe the argument you’re making.

[WuDrWu]

Democrats win and this is what they turn into. Not much different from when they lose.

Facts. I tend to think that the triggered/vocal/SJW/Whackjob end of the Dem party are mostly made up of people that THINK they've been bullied their entire lives and now think this is their payback time. JMO

Fev check your messages.

That group isn't satisfied with winning the WH, they see it as a free pass to continue bullying the right. Nobody outside of Trump really pushes back, so why not?