"We are all born ignorant, but one must work hard to remain stupid."
"Any fool can criticize, condemn and complain - and most fools do."
ThatOwlWoman (01-21-2021)
LV426 (01-21-2021), ThatOwlWoman (01-21-2021)
“Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.”
The only purpose of KXL is to make oil more expensive so TransCanada can make more profit.
When I die, turn me into a brick and use me to cave in the skull of a fascist
ThatOwlWoman (01-21-2021)
ROFL
Canadian crude by rail to the U.S. Gulf Coast approaches record
https://www.jwnenergy.com/article/20...roaches-recor/
Demand for heavy oil on the U.S. Gulf Coast has never been higher, as the rapid deterioration of Venezuelan output tightens the supply of heavy sour crude globally, IHS Markit vice-president Kevin Birn said in a recent report.
Ummm....they don't send extracted shale oil from Alberta to Houston...they send it to Southern Illinois because that's where the refineries are and that's where the pipelines currently lead.
From TransCanada's Permit Application for KXL:
“Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.”
Just like the MW discussion, you don't know SHIT about this subject, and it fucking shows.
When I die, turn me into a brick and use me to cave in the skull of a fascist
It only seems like that to you because you're an idiot.
The entire purpose of KXL is to increase the price of Shale oil by connecting it to the USGC.
Right now, it's connected to US PADD II (the Midwest), and we currently enjoy a surplus and price discount because the only place the Shale oil can go is US PADD II.
So you're really fucking stupid for supporting KXL because all KXL will do is remove that surplus, causing the price of oil to increase, and that will result in job loss from higher energy costs.
I don't even need to make an environmental argument against KXL, the economics do it for me.
When I die, turn me into a brick and use me to cave in the skull of a fascist
You don't know SHIT.
The price of gasoline is going to be linked to the price per barrel of oil, and that price is set by the global market, principally OPEC. If KXL is completed, that price is going to go UP, not down, because the Shale oil would be connected to the USGC by KXL.
It's really hilarious watching you run your mouth on subjects you know absolutely nothing about.
When I die, turn me into a brick and use me to cave in the skull of a fascist
NO! It's not energy independence, it's energy costs going up.
Right now, the Shale oil can only go to one place: US PADD II.
Because of those limitations, we get to enjoy the benefit of an oversupply of shale oil, which drives down the price.
But if that Shale oil can bypass US PADD II and head to the gulf, then it can be sold at higher rates than what PADD II paid for it.
TC said so themselves in their permit application:
“Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.”
So there is no world where KXL is "energy independence" since the Shale oil is coming from Canada and is passing through the US via KXL to get to China.
So in a way, you are arguing for China's energy interests by propagandizing for KXL, YOU DUMB FUCK.
When I die, turn me into a brick and use me to cave in the skull of a fascist
It's not even our oil.
It's Canada's oil.
They want to pass it through the US, instead of selling it to the US, so they can make more money.
The only thing it will do is drive UP oil prices in the US.
So supporting KXL is supporting China's energy needs, since that's who will buy the Shale oil from the Gulf.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Do you even understand what this link is telling you?
It's telling you that TransCanada's goal is to get all their shale oil to the Gulf where they can sell it at a markup, instead of selling it to us at a discount.
Why do you think they want it to get to the USGC so bad? To lower energy prices in the US? Are you that fucking stupid?
When I die, turn me into a brick and use me to cave in the skull of a fascist
cancel2 2022 (01-21-2021)
WTF are you trying to say? Use your words.
NO IT FUCKING DOESN'T.Canadian sour heavy crude goes to the Gulf.
From TransCanada's own permit application for KXL...this is what they said:
“Existing markets for Canadian heavy crude, principally PADD II [U.S. Midwest], are currently oversupplied, resulting in price discounting for Canadian heavy crude oil. Access to the USGC [U.S. Gulf Coast] via the Keystone XL Pipeline is expected to strengthen Canadian crude oil pricing in [the Midwest] by removing this oversupply. This is expected to increase the price of heavy crude to the equivalent cost of imported crude. The resultant increase in the price of heavy crude is estimated to provide an increase in annual revenue to the Canadian producing industry in 2013 of US $2 billion to US $3.9 billion.”
KXL doesn't drop oil off on its way through a pipeline from Alberta to the Gulf...the purpose of it is to get access to the global markets so TC doesn't have to keep selling it to the US at a discount.
YOU STUPID FUCKING LIAR.
When I die, turn me into a brick and use me to cave in the skull of a fascist
cancel2 2022 (01-21-2021)
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