Biden 'plans to cancel $9 billion Keystone XL pipeline permit

[rayg]

A political pay back? . Warren Buffet, a large democrat donor, invested 5 billion into the railroad to transport that oil you think?
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Biden 'plans to cancel $9 billion Keystone XL pipeline permit as one of his first acts in office' after Trump made it a central campaign promise

Source says, Biden was VP in the Obama administration when it rejected the project

Trump made building the pipeline a central promise of his presidential campaign

The words 'Rescind Keystone XL pipeline permit' appear on a list of executive actions likely scheduled for the first day of Biden's presidency

The project would move oil from the province of Alberta, Canada, to Nebraska
It had been slowed by legal issues in the US and faced opposition from environmentalists

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Two Quotes from/in the comment section regarding this... Any thoughts on it?!....

1...The oil is going to get moved one way or the other. It will either be processed in the US or Canada. It will be exported by the pipeline or in inefficient and dangerous train cars. Canceling the project is meaningless except for political purposes.

2...The keystone pipeline would make the railroad unnecessary in transporting oil. Warren Buffet, a large democrat donor, invested 5 billion into the railroad to transport that oil. Btw its more dangerous and pollutes more to use the railroad which is subsidized by the federal government.

https://www.dailymail.co.uk/news/art....html#comments

[togor]

Crude out of Alberta is extracted from tar. They have to burn a lot of fuel just to get something that can be extracted and moved. From a CO2 production perspective, very expensive. No pipeline means it's less economical to move that tar, causing less enviromental damage. Nothing wrong with choosing once in awhile to not pollute more, IMO.

[Mark in Ottawa]

Togor
Only some of the oil in Alberta is from the oil sands. A lot of Alberta oil is conventional. For some reason, pipelines that are really pretty safe and efficent have become a poster-child of evil for the environmentalists. The reality is that the USA has built many other pipelines while the environmentalists have been fighting this one. A bit hypocritical really but not as nutty as the Canadian environmentalists fighting the doubling of capacity of a fairly short pipeline from Alberta to the Pacific and the completion of a pipeline to the Atlantic that would make Canada independent of Arabian oil and save us billions of dollars of imports every year. I despair!!

[togor]

Mark, down here they call them tar sands, and a crude source with high input costs and a large CO2 footprint. "Oil sands" might just be friendly language to make the folks in Ottawa feel better.

Canada nice may be a thing in some areas, but their extractive industry guys play hardball. If the word is that a Canadian (or Australian for that matter) mining company wants to go into business near you, better drop what you're doing and check out their plan.

[Bt Doctur]

Biden is definitely not the the sharpest knife in the draw

[S.A. Boggs]

If the Biden's could make some money, they would be for it.
Sam

[Johnny P]

Great! $5.00 gasoline and dependency on the Arabs.

"If the Biden's could make some money, they would be for it."
Sam

Hunter is a natural gas expert, so it wouldn't take him long to get up to speed on crude oil. Then he could transfer money to the "Big Man".

[Vern Humphrey]

Great! $5.00 gasoline and dependency on the Arabs.

"If the Biden's could make some money, they would be for it."
Sam

Hunter is a natural gas expert, so it wouldn't take him long to get up to speed on crude oil. Then he could transfer money to the "Big Man".

Follow the money on this one -- right into the Bidens' pockets.

[Johnny P]

Not only that, but remember that Biden is coming for your AR-14.

[lyman]

word I heard was it was being shipped by rail, and Buffet owned the rail business that would be out of a contract if the pipeline went thru,

[Major Tom]

Apparantly Biden's thought on the Keystone project has to do with climate change. How does a buried pipeline affect climate change? But it would keep prices for oil and natural gas lower. Which Biden said he would do away with fossil energy.

[Johnny P]

Don't depend on Slo Joe to remember anything he said.

[S.A. Boggs]

Locally within the last three weeks gas has gone up between .25-.50 per gallon. The more Progressive the area the more the gas has gone up. Ah, the shape of things to come under the new leadership of the Reich!
Sam

[Mark in Ottawa]

Togor
You are correct. We prefer the term "Oil Sands" because it is a much more friendly term than "Tar Sands". You are also correct when you point out the high cost of extracting the oil. At one time, the environmental hit was also high but over the years the advance of technology and pressure from both the government and environmentalists has improved things considerably. Notwithstanding all that, I would far prefer to see our oil being used across the country rather than importing oil to Eastern Canada from Saudi Arabia.

As for mining, Canadian mining companies have done some pretty awful things to the environment here, never mind what they may have done elsewhere. This is not the case now but the legacy of past practice is pretty bad. At one time I was managing a program to provide funds to government departments to determine the cost of clean up for mining and other sites that had been contaminated and then abandoned by miners and other entities. The clean up cost was in the billions and since the companies were now long gone, it was the taxpayer that was going to have to pay.

[S.A. Boggs]

Togor
You are correct. We prefer the term "Oil Sands" because it is a much more friendly term than "Tar Sands". You are also correct when you point out the high cost of extracting the oil. At one time, the environmental hit was also high but over the years the advance of technology and pressure from both the government and environmentalists has improved things considerably. Notwithstanding all that, I would far prefer to see our oil being used across the country rather than importing oil to Eastern Canada from Saudi Arabia.

As for mining, Canadian mining companies have done some pretty awful things to the environment here, never mind what they may have done elsewhere. This is not the case now but the legacy of past practice is pretty bad. At one time I was managing a program to provide funds to government departments to determine the cost of clean up for mining and other sites that had been contaminated and then abandoned by miners and other entities. The clean up cost was in the billions and since the companies were now long gone, it was the taxpayer that was going to have to pay.

Isn't this mostly true regardless of government?
Sam