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Jun 30, 2021 08:31:01   #
DennyT Loc: Central Missouri woods
 
Good article on gas prices

Rising gas prices are a risk for Biden


https://finance.yahoo.com/news/rising-gas-prices-are-a-risk-for-biden-111707469.html

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Jun 30, 2021 08:39:11   #
Blurryeyed Loc: NC Mountains.
 
DennyT wrote:
Good article on gas prices

Rising gas prices are a risk for Biden


https://finance.yahoo.com/news/rising-gas-prices-are-a-risk-for-biden-111707469.html


Always defending stumbling mumbling Joe.... Never mind that he canceled all federal leases on oil exploration, never mind that he canceled the XL, which would have delivered almost a million barrels a day directly to the refineries, never mind that he has threatened to impose policy that would punish carbon in this country.... No, nothing is Biden's fault.

I'll tell you what, big oil always does well when the price of gasoline skyrockets, their profit is built in as a percentage of what we pay at the pump..... I will be adjusting my stock portfolio, at least for the near term I will be heavy in Chevron and Exxon.

Reply
Jun 30, 2021 08:40:39   #
Bridges Loc: Memphis, Charleston SC, now Nazareth PA
 
DennyT wrote:
Good article on gas prices

Rising gas prices are a risk for Biden


https://finance.yahoo.com/news/rising-gas-prices-are-a-risk-for-biden-111707469.html


With gas prices going so high, and covid lessening, someone should figure out a way to fuel vehicles with hand sanitizer!

Reply
 
 
Jun 30, 2021 08:55:46   #
DennyT Loc: Central Missouri woods
 
Blurryeyed wrote:
Always defending stumbling mumbling Joe.... Never mind that he canceled all federal leases on oil exploration, never mind that he canceled the XL, which would have delivered almost a million barrels a day directly to the refineries, never mind that he has threatened to impose policy that would punish carbon in this country.... No, nothing is Biden's fault.

I'll tell you what, big oil always does well when the price of gasoline skyrockets, their profit is built in as a percentage of what we pay at the pump..... I will be adjusting my stock portfolio, at least for the near term I will be heavy in Chevron and Exxon.
Always defending stumbling mumbling Joe.... Never... (show quote)


Where did I defend anyone.
I doubt you even bother to read the article - and just mouthed off
.

But just to correct your errors.
- no existing leases were canceled.
- the pipeline would have only carried oil that America would not use and which would have been trans hipped overseas. Btw that oil is already coming in via rail and truck.

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Jun 30, 2021 10:13:57   #
Blurryeyed Loc: NC Mountains.
 
DennyT wrote:
Where did I defend anyone.
I doubt you even bother to read the article - and just mouthed off
.

But just to correct your errors.
- no existing leases were canceled.
- the pipeline would have only carried oil that America would not use and which would have been trans hipped overseas. Btw that oil is already coming in via rail and truck.


I did read the article and I made no errors... Everything I said is factual, check it out for yourself, maybe it is you who does not read so well.

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Jun 30, 2021 10:50:12   #
Frank T Loc: New York, NY
 
Blurryeyed wrote:
Always defending stumbling mumbling Joe.... Never mind that he canceled all federal leases on oil exploration, never mind that he canceled the XL, which would have delivered almost a million barrels a day directly to the refineries, never mind that he has threatened to impose policy that would punish carbon in this country.... No, nothing is Biden's fault.

I'll tell you what, big oil always does well when the price of gasoline skyrockets, their profit is built in as a percentage of what we pay at the pump..... I will be adjusting my stock portfolio, at least for the near term I will be heavy in Chevron and Exxon.
Always defending stumbling mumbling Joe.... Never... (show quote)


Once again you are uninformed. The XL pipeline was never intended to deliver crude oil directly to the refineries. In fact, the XL Pipeline oil was never to be used to deliver oil in the United States. The pipeline was intended to deliver Canadian crude directly to the Gulf where it was to be loaded on tankers and shipped to China, as it was too lowgrade for any of the United States refineries to handle.
Second, none of the federal leases that were canceled were currently producing oil. It was merely for exploration and they were canceled in order to preserve the habitat without the oil companies destroying it.
Good luck with your "stock portfolio". Hopefully, it will allow you the leisure time so that you might be able to catch up on reading.

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Jun 30, 2021 11:15:58   #
soba1 Loc: Somewhere In So Ca
 
Did they stop fracking

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Jun 30, 2021 11:19:26   #
WNYShooter Loc: WNY
 
Frank T wrote:
Once again you are uninformed. The XL pipeline was never intended to deliver crude oil directly to the refineries. In fact, the XL Pipeline oil was never to be used to deliver oil in the United States. The pipeline was intended to deliver Canadian crude directly to the Gulf where it was to be loaded on tankers and shipped to China, as it was too lowgrade for any of the United States refineries to handle.
Second, none of the federal leases that were canceled were currently producing oil. It was merely for exploration and they were canceled in order to preserve the habitat without the oil companies destroying it.
Good luck with your "stock portfolio". Hopefully, it will allow you the leisure time so that you might be able to catch up on reading.
Once again you are uninformed. The XL pipeline wa... (show quote)


Why are you always so full of s#it?

"The Keystone XL project was first proposed in 2008 as an extension of the existing Keystone Pipeline network. The Keystone XL pipeline would have offered a safe, reliable and environmentally responsible way to deliver crude oil from western Canada to refineries in the U.S. Gulf Coast."

https://www.alberta.ca/keystone-xl-pipeline-project.aspx

---Also---

Read page 8 : https://2017-2021.state.gov/wp-content/uploads/2019/02/Record-of-Decision-and-National-Interest-Determination.pdf

Reply
Jun 30, 2021 11:32:00   #
Triple G
 
WNYShooter wrote:
Why are you always so full of s#it?

"The Keystone XL project was first proposed in 2008 as an extension of the existing Keystone Pipeline network. The Keystone XL pipeline would have offered a safe, reliable and environmentally responsible way to deliver crude oil from western Canada to refineries in the U.S. Gulf Coast."

https://www.alberta.ca/keystone-xl-pipeline-project.aspx

---Also---

Read page 8 : https://2017-2021.state.gov/wp-content/uploads/2019/02/Record-of-Decision-and-National-Interest-Determination.pdf
Why are you always so full of s#it? br br "T... (show quote)


https://www.firstcoastnews.com/article/news/verify/keystone-xl-pipeline-biden-money-gas-florida/77-26eb2bb3-cdd9-4196-9078-26fb43ad216d

It’s not a factor in the USA gas price equation.

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Jun 30, 2021 11:37:02   #
letmedance Loc: Walnut, Ca.
 
Triple G wrote:
https://www.firstcoastnews.com/article/news/verify/keystone-xl-pipeline-biden-money-gas-florida/77-26eb2bb3-cdd9-4196-9078-26fb43ad216d

It’s not a factor in the USA gas price equation.


Who owns the Rail and truck transport of Canadian oil to the Gulf Coast? Check and you might stumble upon the reason that Biden halted construction of the safe and sane pipeline.

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Jun 30, 2021 12:25:05   #
Triple G
 
letmedance wrote:
Who owns the Rail and truck transport of Canadian oil to the Gulf Coast? Check and you might stumble upon the reason that Biden halted construction of the safe and sane pipeline.


False propaganda?
https://www.reuters.com/article/uk-factcheck-buffett-keystone-pipeline/fact-check-buffett-did-not-donate-to-biden-oil-that-would-have-been-transported-through-the-keystone-xl-pipeline-will-use-existing-infrastructure-not-buffett-owned-railroad-idUSKBN2A22LR

Reply
 
 
Jun 30, 2021 12:35:01   #
letmedance Loc: Walnut, Ca.
 
Triple G wrote:
False propaganda?
https://www.reuters.com/article/uk-factcheck-buffett-keystone-pipeline/fact-check-buffett-did-not-donate-to-biden-oil-that-would-have-been-transported-through-the-keystone-xl-pipeline-will-use-existing-infrastructure-not-buffett-owned-railroad-idUSKBN2A22LR


I said nothing about campaign donations or which rail road owners, only that rail and truck were the primary carriers. The whole truth is that a pipeline will deliver the oil faster, cheaper, and safer than Rail or Semi.

Reply
Jun 30, 2021 12:40:15   #
Triple G
 
letmedance wrote:
I said nothing about campaign donations or which rail road owners, only that rail and truck were the primary carriers. The whole truth is that a pipeline will deliver the oil faster, cheaper, and safer than Rail or Semi.


Then post it rather than innuendo.

Reply
Jun 30, 2021 12:44:27   #
letmedance Loc: Walnut, Ca.
 
Triple G wrote:
Then post it rather than innuendo.


Yes It was an innuendo and thanks for the article. It does however point out that there is a ton of money involved in moving that oil and it would put a few transportation firms in the red.

Reply
Jun 30, 2021 14:17:53   #
DennyT Loc: Central Missouri woods
 
Frank T wrote:
Once again you are uninformed. The XL pipeline was never intended to deliver crude oil directly to the refineries. In fact, the XL Pipeline oil was never to be used to deliver oil in the United States. The pipeline was intended to deliver Canadian crude directly to the Gulf where it was to be loaded on tankers and shipped to China, as it was too lowgrade for any of the United States refineries to handle.
Second, none of the federal leases that were canceled were currently producing oil. It was merely for exploration and they were canceled in order to preserve the habitat without the oil companies destroying it.
Good luck with your "stock portfolio". Hopefully, it will allow you the leisure time so that you might be able to catch up on reading.
Once again you are uninformed. The XL pipeline wa... (show quote)



Actually no only were no producing wells affected - no existing leases of any kind on federal land were affected.
Biden only said he was cancelling award of “ “future” leases.

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