4 ms·

cancel keystone pipeline, hamstring oil and gas companies, then blame these same companies for high prices. thanks for the incoming red wave in 2022!

tzs 5y ago
Keystone would have raised oil and gas prices to US consumers. Without Keystone much of the oil that Keystone would have carried currently goes to refineries in the US midwest, where it is used to supply US needs particularly in the the midwest. With Keystone that oil would be going to Gulf Coast refineries where it would largely be refined for export.
- lenkite 5y ago
  Umm No. The Keystone XL pipeline is already part of an existing transnational network, segmented into phases that cross Canada and the United States. The focus of the Keystone debate was the proposed fourth phase, which would transport heavy oil sands crude from Hardisty in Alberta, Canada to Steele City, Nebraska via Montana with a capacity of 830,000 barrels per day (bpd). Some estimates suggest that this would have reduced American dependence on Venezuelan and Middle Eastern heavy crude imports by 40%.
unethical_ban 5y ago
What do pro-oil-company people think about the climate? About the impact that continuing to pump record amounts of oil and methane from the ground does to the planet? About the lack of incentives to migrate from inefficient fuel consumption and towards green energy? Don't spend money on nuclear, don't spend money on renewable, don't disincentivize oil consumption, fuck the planet because I won't be here in 50 years. Listen, I know we can't snap back to 1800 technology, and that people need to get to work and keep the heat on. But it's one thing to complain, another to try to be part of the solution. So what do we do?
- yyyk 5y ago
  IMHO, the point is that oil needs to fixed demand-side (by switching to EV and other tech to reduce demand, carbon tax) and not supply-side (by limiting drilling in the US). Trying to limit supply won't work since we can't get Russia and Saudi and Iran to reduce their exports. They'll manipulate prices for their benefit and when they feel like it, they'll supply the demand. Having the oil come from other state and not the US won't change greenhouse emissions much, and what good the supply-side approach could do - for example, by giving an economic push to green energy - is done anyway by the infrastructure bill and BBB (if it passes). So the main result of going after domestic drilling is helping to fund klepto-oil-states which don't like the US all that much, and giving Republicans a stick to beat President Biden with, but not much help climate-wise.

tzs 5y ago

Keystone would have raised oil and gas prices to US consumers. Without Keystone much of the oil that Keystone would have carried currently goes to refineries in the US midwest, where it is used to supply US needs particularly in the the midwest. With Keystone that oil would be going to Gulf Coast refineries where it would largely be refined for export.

lenkite 5y ago
Umm No. The Keystone XL pipeline is already part of an existing transnational network, segmented into phases that cross Canada and the United States. The focus of the Keystone debate was the proposed fourth phase, which would transport heavy oil sands crude from Hardisty in Alberta, Canada to Steele City, Nebraska via Montana with a capacity of 830,000 barrels per day (bpd). Some estimates suggest that this would have reduced American dependence on Venezuelan and Middle Eastern heavy crude imports by 40%.

unethical_ban 5y ago

What do pro-oil-company people think about the climate? About the impact that continuing to pump record amounts of oil and methane from the ground does to the planet? About the lack of incentives to migrate from inefficient fuel consumption and towards green energy? Don't spend money on nuclear, don't spend money on renewable, don't disincentivize oil consumption, fuck the planet because I won't be here in 50 years. Listen, I know we can't snap back to 1800 technology, and that people need to get to work and keep the heat on. But it's one thing to complain, another to try to be part of the solution. So what do we do?

yyyk 5y ago
IMHO, the point is that oil needs to fixed demand-side (by switching to EV and other tech to reduce demand, carbon tax) and not supply-side (by limiting drilling in the US). Trying to limit supply won't work since we can't get Russia and Saudi and Iran to reduce their exports. They'll manipulate prices for their benefit and when they feel like it, they'll supply the demand. Having the oil come from other state and not the US won't change greenhouse emissions much, and what good the supply-side approach could do - for example, by giving an economic push to green energy - is done anyway by the infrastructure bill and BBB (if it passes). So the main result of going after domestic drilling is helping to fund klepto-oil-states which don't like the US all that much, and giving Republicans a stick to beat President Biden with, but not much help climate-wise.