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View Diary: Cartoon: A pipeline runs through it.... (65 comments)

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  •  Agreed (2+ / 0-)
    Recommended by:
    dinotrac, visionblack

    The funny thing is that we are.  Per Capita consumption of Oil has been dropping.  Some it has been due to the recession and that people couldn't afford as much.  But we are also buying more fuel efficient cars and using energy efficient appliances.  

    A person's character is measured by how they treat everyone. Not just your pet group.

    by Tempus Figits on Thu Feb 20, 2014 at 03:33:51 PM PST

    [ Parent ]

    •  Ought to make it easier to fill our needs from (0+ / 0-)

      other sources, wouldn't you think?

      Honestly, if I were looking at efforts to block Keystone from outside the US, I would think we were just trying to hoard the stuff for ourselves.

      LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

      by dinotrac on Thu Feb 20, 2014 at 03:54:36 PM PST

      [ Parent ]

      •  All of the Keystone oil is destined for export. (3+ / 0-)
        Recommended by:
        gooderservice, akmk, dinotrac

        That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

        by enhydra lutris on Thu Feb 20, 2014 at 04:33:16 PM PST

        [ Parent ]

        •  And Canadians are quite worried that no keystone (2+ / 0-)
          Recommended by:
          dinotrac, enhydra lutris

          WILL in fact delay, if not derail, tar sands exploitation.

        •  Yes it is, which will kill our leverage. (0+ / 0-)

          A significant part of the country gets about a 10 cent break on gasoline due to tar sands oil.  If oil can reach world markets more easily, that break goes away.

          LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

          by dinotrac on Thu Feb 20, 2014 at 06:14:56 PM PST

          [ Parent ]

          •  Really? Read this (0+ / 0-)

            ahlbidniz

            Tar sands, fwiw is some of the costliest oil to transport and refine.

            That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

            by enhydra lutris on Thu Feb 20, 2014 at 07:25:45 PM PST

            [ Parent ]

            •  Price and cost are not the same thing. (0+ / 0-)

              Related, as nobody can sell indefinitely at a loss, but not the same.

              Price is a function of what the market will bear.
              If you cannot sell your oil to the world at large, you lose leverage with the market you do have.

              LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

              by dinotrac on Fri Feb 21, 2014 at 05:33:53 AM PST

              [ Parent ]

              •  Precisely (0+ / 0-)
                Price is a function of what the market will bear.
                Though, in reality, it is a function of what the price setter's think that the market will bear, and when you have a fungible product, specific sources have only a tiny impact . If tar sands oil has an impact on prices it is solely thgough marketing and if it depresses retail prices, then it is through marketing error on somebody's part, because they could equally well push for higher prices given the general view of the citizenry that price is driven by supply and cost.

                That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

                by enhydra lutris on Fri Feb 21, 2014 at 10:29:56 AM PST

                [ Parent ]

                •  Not a quite a fungible product, though (0+ / 0-)

                  Keystone would make it one.

                  At present, Canadian suppliers have a limited range of options for selling their oil.  A goodly little little swath of the US benefits from the Canadians' market restrictions.  Not a lot, but a little.

                  LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

                  by dinotrac on Fri Feb 21, 2014 at 11:45:16 AM PST

                  [ Parent ]

                  •  Not baseline, they're looking to expand. (1+ / 0-)
                    Recommended by:
                    dinotrac

                    That, in its essence, is fascism--ownership of government by an individual, by a group, or by any other controlling private power. -- Franklin D. Roosevelt --

                    by enhydra lutris on Fri Feb 21, 2014 at 12:17:59 PM PST

                    [ Parent ]

                    •  Yes they are. That's what Keystone is all about. (0+ / 0-)

                      It's also what the expanded use of railroads is about.

                      Get that stuff out to the world.

                      LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

                      by dinotrac on Fri Feb 21, 2014 at 06:41:12 PM PST

                      [ Parent ]

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