XL Pipe Line
May 7, 2014 11:20:46 #
Canadian oil
For those that think the Republicans are the fat cats of politics, please read this........(Eye opener)
Hmm... this is 'interesting'. Kind of adds a little 'dimension' to the topic--
like "the Rest of the Story". Kind of tarnishes the 'environmental' platform!
Burlington Northern Santa Fe Railroad owns all of the rail lines in the US connecting to western Canada and they haul 80%+ of the crude from Canada to the midwest and Texas or charge other Short Line railroads a fee to use their tracks.
BNSF charges $30 per barrel to haul the oil where the Keystone would cost $10 by the State Departments own estimates. BNSF is owned by Berkshire Hathaway whose chairman is Warren Buffet.
In the last election cycles Buffet gave extensively to democrat causes and candidates including $40K+ to Obama in 2012. He also bundled and hosted numerous fundraisers for Obama. If anyone here believes the pipeline isn't being blocked by Obama on Buffets behalf you're nuts.
Buffet could stand to lose $2B+ a year if the pipeline goes in and he makes the same amount every year it's delayed. This is crony capitalism at its finest and what is making people mad at our government and capitalist system.
For those that think the Republicans are the fat cats of politics, please read this........(Eye opener)
Hmm... this is 'interesting'. Kind of adds a little 'dimension' to the topic--
like "the Rest of the Story". Kind of tarnishes the 'environmental' platform!
Burlington Northern Santa Fe Railroad owns all of the rail lines in the US connecting to western Canada and they haul 80%+ of the crude from Canada to the midwest and Texas or charge other Short Line railroads a fee to use their tracks.
BNSF charges $30 per barrel to haul the oil where the Keystone would cost $10 by the State Departments own estimates. BNSF is owned by Berkshire Hathaway whose chairman is Warren Buffet.
In the last election cycles Buffet gave extensively to democrat causes and candidates including $40K+ to Obama in 2012. He also bundled and hosted numerous fundraisers for Obama. If anyone here believes the pipeline isn't being blocked by Obama on Buffets behalf you're nuts.
Buffet could stand to lose $2B+ a year if the pipeline goes in and he makes the same amount every year it's delayed. This is crony capitalism at its finest and what is making people mad at our government and capitalist system.
May 7, 2014 11:46:27 #
May 7, 2014 11:46:48 #
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May 7, 2014 12:35:19 #
May 7, 2014 13:43:29 #
Comment
Loc: California
Old_Gringo wrote:
:thumbup:
Remember when Buffet said that his secretary paid more taxes than he. It now appears that he was plugging for Obuma. Cronyism at it's best.
May 7, 2014 14:34:48 #
It is also why the only drilling permits are being given up in the Bakken (N Dakota). It also explains why the EPA has no problem with these companies flaring off Natural Gas into the atmosphere that took millions of years to be created because it is in the way of getting to the oil and Nat gas cant be transported above ground due to the low temps it needs to be kept in liquid form.
Obama and his bull crap about the environment and green energy. What a load of crap. How can people be so stupid?
Obama and his bull crap about the environment and green energy. What a load of crap. How can people be so stupid?
May 7, 2014 15:36:16 #
at41
New to this site. After completion of the Keystone pipeline will the American see a $20 reduction in the price of oil. Or,will the Canadian Oil firm pocket the $20?
New to this site. After completion of the Keystone pipeline will the American see a $20 reduction in the price of oil. Or,will the Canadian Oil firm pocket the $20?
May 7, 2014 15:45:18 #
No but Im sure the CEO's will get billion dollar bonuses. We cant have everything Geez don't be so greedy.
Welcome to the forum.
:wink: :wink: :wink: :D
Welcome to the forum.
at41 wrote:
at41
New to this site. After completion of the Keystone pipeline will the American see a $20 reduction in the price of oil. Or,will the Canadian Oil firm pocket the $20?
New to this site. After completion of the Keystone pipeline will the American see a $20 reduction in the price of oil. Or,will the Canadian Oil firm pocket the $20?
:wink: :wink: :wink: :D
May 7, 2014 20:04:10 #
cold iron wrote:
Canadian oil br br For those that think the Repub... (show quote)
How much will the Koch brothers make if we eliminate the EPA
May 7, 2014 20:25:46 #
Patty wrote:
It is also why the only drilling permits are being... (show quote)
Patty, Flaring has been done as long as oil has been drilled. Someone has always complained about that tremendous lose of energy and yet I have never heard of a practical idea to reclaim or save it. It is not by any means a new problem, but it would seem that with the energy crunch, some new workable ideas would be tossed about. Do you know of anything along this line?
Horrable lose to burn off all that fuel for all these decades.
May 7, 2014 20:30:17 #
permafrost wrote:
Patty, Flaring has been done as long as oil has been drilled. Someone has always complained about that tremendous lose of energy and yet I have never heard of a practical idea to reclaim or save it. It is not by any means a new problem, but it would seem that with the energy crunch, some new workable ideas would be tossed about. Do you know of anything along this line?
Horrable lose to burn off all that fuel for all these decades.
Horrable lose to burn off all that fuel for all these decades.
Do any of you have a different idea it's been going on for years so let's blame Obama
May 7, 2014 20:33:43 #
tdsrnest wrote:
Do any of you have a different idea it's been going on for years so let's blame Obama
Why not, he still blames Bush, and others, for all his "mistakes".
May 7, 2014 20:53:20 #
tdsrnest wrote:
Do any of you have a different idea it's been going on for years so let's blame Obama
I in no way blame Obama....
May 7, 2014 21:00:33 #
Old_Gringo wrote:
Why not, he still blames Bush, and others, for all his "mistakes".
Not true all the Dems do is compare the failures of Bush and the Dems wonder where the outrage was when he was in office. 12 Embassies bombed a war with false intel collapse of the housing industry collapse of the banking industry unemployment at 11% and not one hearing where was your outrage. Benghazi 4 different committees. 15 million $ and still nothing so the GOP could not find anything so let's have another committee to investigate the other 4. But let's not give the democrats on the committee any power to call a witness only the chairman can call a witness wow talk about getting to the truth. I wonder hummmmmmm what is the difference between Obama and Bush. What can it be I just can't figure it out. But when I do I will get back to you.
May 7, 2014 21:27:22 #
tdsrnest wrote:
Not true all the Dems do is compare the failures o... (show quote)
Then I don't have to wait. You will never "figure it out". You have been properly indoctrinated in "Bush bad, Obama good." Bush has bad breath; Obama has sweet breath and doesn't even perspire.
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