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View Diary: Does John Kerry speaking clearly and firmly on climate change send a signal on Keystone XL? (192 comments)

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  •  It doesn't matter if it is more expensive (0+ / 0-)

    all that that will do is shift the profits between different sets of the "1%'ers" - e.g, Big Oil will get relatively less and Big Railroads will get relatively more.

    Overall, production will continue unabated unless demand can be brought down.

    •  If Big Oil's share goes down (4+ / 0-)
      Recommended by:
      Albanius, JesseCW, FishOutofWater, DawnN

      then Alberta becomes a less attractive source for oil, and  they'll be more likely to look to other sources. And if it's true that Alberta's tar sands deposits represent about the dirtiest oil that the world has to offer, then any alternative is a step up.

      Let us all have the strength to see the humanity in our enemies, and the courage to let them see the humanity in ourselves.

      by Nowhere Man on Fri Feb 22, 2013 at 11:41:38 AM PST

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      •  Well, that's not really true . .. . (2+ / 0-)
        Recommended by:
        Nowhere Man, 6412093
        And if it's true that Alberta's tar sands deposits represent about the dirtiest oil that the world has to offer,
        moving forward, any non-conventional source of oil is going to be roughly similar (including fracking out the "tight oil" for Bakken shale)

        As this link discusses the "floor" for new oil production ranges from $95/bbl upwards,

        Thus the $70/bbl (factoring in no Keystone pipeline) for the Tarsands looks like a relative bargain!

        •  Responding to readbed guy/Bakken shale (0+ / 0-)

          I've been told the Bakken oil production is relatively low in greenhouse gas emissions expecially compared to Tar Sands.  I've also read it's cleaner to refine.

          Orly, it isn't evidence just because you downloaded it from the internet.

          by 6412093 on Fri Feb 22, 2013 at 01:36:46 PM PST

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      •  You don't understand. This is magic. None of the (1+ / 0-)
        Recommended by:
        Nowhere Man

        normal market rules apply.

        Because oil.

        Or something.

        income gains to the top 1% from 2009 to 2011 were 121% of all income increases. How did that happen? Incomes to the bottom 99% fell by 0.4%

        by JesseCW on Fri Feb 22, 2013 at 12:35:51 PM PST

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