Tag Archives: Keystone XL

Obama vetoes Keystone XL pipeline

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Keystone XL Pipeline VETOAnd with that, he attempts to guarantee that Tom Steyer will fund his library when he has moved on from the presidency.

Keystone XL REAL BlockageMr Obama has made his choice, and he has made it loud and large.

WASHINGTON (AP) — Defying the Republican-run Congress, President Barack Obama rejected a bill Tuesday to approve construction of the Keystone XL oil pipeline, wielding his veto power for only the third time in his presidency.

He wants you to suffer at the pump, and he wants to kill oil, to kill coal, to kill any potential energy independence of the United States of America.

Keystone XL GraphicWhat is this about?

Why would this be?  MotherJones weighs in.

Because Mr Obama still believes that the United States of America needs to be brought down a number of pegs.  The US is too big for its britches.  It is too colonialistic, too strong, too powerful.

He favors Blood Oil and Conflict Oil over that which we can bring up from our own soil, and that which we can acquire by dint of the construction of a pipeline from Alberta to the Gulf Coast.

Environmentalists bleat that allowing the Keystone XL is akin to allowing the Trans-Alaskan pipeline.  Oh yeah.  The pipeline that hasn’t suffered even one break or catastrophe in its entire existence.  Except by those persons who wished to do it harm = Leftists.

It’s back to the basics for Obama.  He hated that your gas prices went down the past three months, and is pleased that they are now rising.  He wants to hurt you and force you into energy paradigms that aren’t viable but “sound” good and support emotive arguments.  He has no primary substitute for oil, but that means nothing when you own the American Media Maggots.

Samsung 02-2015 213That must be why there are so many pristine Nissan Leafs for sale at every CarMax across the United States.  And why there are so many Smart cars that never got sold.

Samsung 02-2015 216The Nissan Leaf is a piece of crap.  The Smart car is a piece of crap.  The Smart car requires premium fuel.  No one tells you that.

Make no mistake.

Obama wants to make you hurt.

BZ

 

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OPEC: attempting to kill US shale oil

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From AP.org:

OPEC keeps oil output on hold despite low prices

by George Jahn

VIENNA (AP) — Reflecting its lessening oil clout, OPEC decided Thursday to keep its output target on hold and sit out falling crude prices that will likely spiral even lower as a result.

Oil prices fell sharply on the news. Even though the decision was largely expected, it showed the once-powerful cartel is losing the power to push up markets to its own advantage.

For the first time in years, expect even cheaper oil prices.  However:

By opposing an output cut, Saudi Arabia appears to be hoping to drive prices below the level at which shale oil production is economical. Experts say shale oil production turns too costly at the $60 a barrel level.

This is OPEC attempting to shut down oil shale production and protecting their own production interests in the Middle East.  From Bloomberg.com:

OPEC Policy Ensures U.S. Shale Crash, Russian Tycoon Says

by Will Kennedy and Jillian Ward

OPEC policy on crude production will ensure a crash in the U.S. shale industry, a Russian oil tycoon said.

The Organization of Petroleum Exporting Countries kept output targets unchanged at a meeting in Vienna today even after this year’s slump in the oil price caused by surging supply from U.S shale fields.

American producers risk becoming victims of their own success. At today’s prices of just over $70 a barrel, drilling is close to becoming unprofitable for some explorers, Leonid Fedun, vice president and board member at OAO Lukoil (LKOD), said in an interview in London.

A short-sighted administration — such as Obama’s — would and will make hay out of this news in a renewed attempt to ensure Keystone XL does not pass.  But of course this situation is no guarantor that energy prices couldn’t rise back and the nation be in another desperate situation with regard to energy, as “alternative energy” is not yet of sufficient stature to be viable and reliable.

Accounting for about a third of OPEC output, the Saudis can weather lower prices because their coffers are well-padded and its production costs are relatively low.

But poorer OPEC members like Venezuela and Nigeria need levels close to $100 or above to fund national budgets. Saudi rival Iran is suffering, too, with the price drop adding to huge revenue losses due to sanctions on its crude sales imposed over its nuclear program.

“I think you’re going to see additional tension between the OPEC ranks,” said Jamie Webster, senior director of crude oil markets at IHS consultants.

Enjoy gas prices whilst you can.

BZ

 

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Keystone XL Pipeline: a surprise initial approval, to the chagrin of Leftists

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Canadian & US Oil PipelinesCanadian and US oil pipelines.

From the AP.org:

Keystone XL oil pipeline clears significant hurdle

By MATTHEW DALY
Associated Press

WASHINGTON (AP) — The long-delayed Keystone XL oil pipeline cleared a major hurdle toward approval Friday, a serious blow to environmentalists’ hopes that President Barack Obama will block the controversial project running more than 1,000 miles from Canada through the heart of the U.S.

I must admit: I hadn’t anticipated this turn of events.

Republicans and business and labor groups have urged Obama to approve the pipeline to create thousands of jobs and move further toward North American energy independence. The pipeline is also strongly supported by Democrats in oil and gas-producing states, including Sens. Mary Landrieu of Louisiana, Mark Begich of Alaska and Mark Pryor of Arkansas. All face re-election this year and could be politically damaged by rejection of the pipeline. Republican Mitt Romney carried all three states in the 2012 presidential election.

Keystone XL Pipeline Proposed RouteFor years America has provided mere lip music to the concept of an energy-independent nation.  We sit on some of the largest fields of yet-untapped natural gas.  We sit on the Bakken oil fields.  Oddly enough, our largest export these days is refined fuel — but not the unrefined oil.

We will not achieve any form of so-called “energy independence” if we continue to rely upon what I term “Conflict Oil” from nation-states that primarily dislike the United States intensely, such as ME countries, Venezuela, Nigeria, Angola and Iraq.

There is no perfect solution to oil, and neglecting to make a logical, cogent and smooth transition to other forms of energy is ridiculous.  Leftists and Mr Obama expect and want that oil shall be immediately dismissed and shunted aside.  That simply cannot be done, because the other forms of energy and much more unreliable.

Wind turbines are high pressure/low pressure dependent, and kill birds.  Solar eats valuable land and must be cleaned regularly with water — a problem in desert areas.  Powerhouses charged by water flow require reservoirs with penstocks and are dependent upon a constant flow via rain.  No Leftist will ever consider nuclear energy again.  No Leftist will consider coal or oil — Mr Obama has made it quite clear that he will do his best to kill coal and oil-fired electrical generation stations.

So what’s left?  Progressives on a bicycle with a chain connected to a generator?  They may be sadly disappointed in its inability to recharge their iPad, iPhone, iPod, iPid, iPiss and iSwear that Leftists make very little sense to me.

Step one.

BZ

 

 

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