According to a number of reports, gas prices in Denver, the Rocky Mountain region and the midwest will rise about 20 cents per gallon if Keystone XL comes into being. Currently these areas are below the national average since it receives gas produced from the Canadian shale oil and from the Bakken region of the Dakotas at a discount. This discount disappears if Keystone XL is built as that oil then goes to China and elsewhere. So why are the conservatives here have their panties in such a twist to further subsidize the Koch Bros. profit margins at their personal expense?
If TransCanada’s Keystone XL pipeline to the Gulf Coast were approved, that would be “an important step” to connect Alberta to international markets.... said Ken Hughes, Alberta’s energy minister. “t is a strategic imperative, it is in Alberta’s interest, in Canada’s interest, that we get access to tidewater... to diversify away from the single continental market and be part of the global market” [J. Van Loon, quoted in Judy Dugan and Tim Hamilton, "Keystone XL: Oil Industry Cash Machine," Consumer Watchdog, 2013.07.16, p. 7].
The Cushing to Gulf pipeline has already reversed direction (2 years ago) and Denver's price discount is already long gone.
Same thing that happened decades ago when we started piping Rocky Mountain Natural gas to the Loonies in CA, lost our lowest in the nation NG price then too.
NEXT outrage!
More supply and demand economics 101?
...........
Thou paunchy flap-mouthed hugger-mugger!
Come, you are a tedious fool. To the purpose.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
PrintSmith wrote: So we're supposed to get worked up about paying $2.50 more a week for fuel? Obama's coal policy is going to cost us a lot more than that.
Of course it will be much more than $125 per year, considering the added cost in the delivery and production of goods that you will be purchasing. So you have no problem with not only paying more in fuel costs, but with foreign businesses being able to seize land through eminent domain from farmers and ranchers who have had that land for generations, with the high probability of toxic spills in the Ogallala basin that is the lifeblood of America's bread basket, with the decrease in the domestic supply of oil products from the Bakken fields of the Dakotas and the shale oil from Canada that will be sent to China and Europe rather than to the midwest at reduced prices?
And of course "Obama's coal policy", whatever you imagine that to be, has nothing to do with this topic.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
FredHayek wrote: Know why it is going to Houston? So it can be refined and exported. To help the balance of trade. But Dog you keep thinking short term.
So Fred, you are so concerned with the balance of trade between Canada and China that you are willing to donate $.20 per gallon to assist Canada?
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
The Cushing to Gulf pipeline has already reversed direction (2 years ago) and Denver's price discount is already long gone.
Same thing that happened decades ago when we started piping Rocky Mountain Natural gas to the Loonies in CA, lost our lowest in the nation NG price then too.
NEXT outrage!
More supply and demand economics 101?
...........
Thou paunchy flap-mouthed hugger-mugger!
Come, you are a tedious fool. To the purpose.
Really? Not according to to today's Denver Post which stated
In Colorado — where at-the-pump prices have remained relatively stable, and far lower than the national average — the cost of a gallon of gas could surge by as much as 10 cents this week, Laskoski warned Monday.
FredHayek wrote: Know why it is going to Houston? So it can be refined and exported. To help the balance of trade. But Dog you keep thinking short term.
So Fred, you are so concerned with the balance of trade between Canada and China that you are willing to donate $.20 per gallon to assist Canada?
American refineries would buy the oil, add value to it refinining the crude, and profit from selling both domestically and on international markets and add good paying refinery jobs.
Without the Keystone pipeline, Dog would prefer this crude go along more dangerous rail transport or be sent through the pristine Canadian Rockies directly to China without any added American jobs.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: Know why it is going to Houston? So it can be refined and exported. To help the balance of trade. But Dog you keep thinking short term.
So Fred, you are so concerned with the balance of trade between Canada and China that you are willing to donate $.20 per gallon to assist Canada?
American refineries would buy the oil, add value to it refinining the crude, and profit from selling both domestically and on international markets and add good paying refinery jobs.
Without the Keystone pipeline, Dog would prefer this crude go along more dangerous rail transport or be sent through the pristine Canadian Rockies directly to China without any added American jobs.
Once again Fred lies. Keystone XL will only add about 50 permanent jobs, will cost Coloradans millions in added gas prices which could lead to even more job losses, cost ranchers and farmers land that have been in their families for generations to increase profits of foreign corporations, highly probably damage to the most used water source for the breadbasket of the US, and decrease the available gas supplies domestically.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
Yes, let's make national decisions just based on what is best for Colorado.
Dog, do you support the anti-fracking measures being put on the ballot in Colorado? If they pass, propane and gasoline prices are going to be affected more than one pipeline.
And please keep ignoring the hundreds of well paying construction jobs if Keystone is ever approved. All construction jobs are temporary but two years of good wages are much better for the economy than letting Canadians build a pipeline across their Rockies.
Thomas Sowell: There are no solutions, just trade-offs.
