$5 a gallon

Here's the link https://yaleclimateconnections.org/2...ing-a-big-hit/


Funny that berry the cherry picker only takes snippets of quotes that are similar talking points on FOX news...hmmm ��

Mining bitumen strips away forest cover and topsoil, leaving acre upon acre of barren, black ground. The post-processing tailings are piped into vast ponds, which contain an “acutely toxic” mixture of water, sand, hydrocarbons, ammonia, acids, and heavy metals. The total volume of wastewater currently exceeds 4 billion gallons and counting, with 1.5 gallons of tailings waste produced for each gallon of bitumen. Scientific studies have detected toxins in the aquatic environment downstream from oil sands production, and a 2017 analysis estimated that cleanup costs will exceed the value of oil sands royalties collected by the province of Alberta.

Investors and oil majors flee
Given the high cost, outsized environmental impacts, and financial headwinds, many investors and corporate partners are leaving the industry behind. According to the Institute for Energy Economics and Financial Analysis, 57 major financial institutions have pledged to stop funding or insuring oil sands ventures. Exxon Mobil has declared a loss on the original value of its oil sands assets, and Chevron has pulled out of Canadian oil and gas entirely. Other oil majors like Shell and BP are selling off their oil sands assets, leaving it largely to Canadian oil companies and the Canadian government to forge ahead.

Also

U.S. oil market has transformed since Keystone XL was proposed
The Keystone XL pipeline would have added 830,000 barrels per day of export capacity, carrying oil from Alberta to Nebraska where the pipeline would have linked into existing segments of the Keystone pipeline system.

The Keystone XL section of the pipeline was proposed initially in 2008, under different circumstances than exist now. At that time, the U.S. imported over 11 million barrels of oil per day, and adding a Canadian supply of oil was a strategy that proponents said would help both nations.

While the Keystone XL pipeline became mired in turmoil, the oil industry was undergoing a historic transformation as the U.S. began producing oil from shale deposits as a result of the technological advances of horizontal drilling and hydraulic fracking. From 2008 to the end of 2020, U.S. oil production increased by 143%, and by 2020 the U.S. became a net oil exporter and the world’s largest oil producer.

The pipeline project no longer serves the dual purposes of both countries. In some ways, importing Canadian oil adds competition to domestic oil producers. Furthermore, there is a certain amount of irony that Canadians rejected two of their own pipelines while the Keystone XL project places similar burdens on Native American communities, waterways, agricultural land, and ecosystems.


In the end, it's more to benefit Canada financially, but is not the only method out there to get sub- quality tar oils to the USA for refining. As I mentioned before, the oil can get here, or the current producers will begin to bring on more wells. The better way to understand this, is that oil producers see this as another way to profit and windfall taxes will likely result. But in the meantime, the price of gasoline is a global speculation and will continue to move with uncertainty in the market. Repturds say it's because of Biden, but it's only because this fits the narrative that if it's bad, it's Biden. Pipelines Are not without possible drawbacks just like when they hacked the colonial pipeline with a password hack, and stopped access fora weeks and prices jumped then too. I do think we need to stabilize oil pricing which is why the USA is bringing on ALL sources of oil so as to not have a single supplier issue.

Kenney's vested interest from his massive spending to prop XL is well known and why he's so red faced and wants to do anything to get XL restarted.

Including rounding up to "nearly a million barrels" when it's not even nearly 900k barrels.

I don't know why some folks feel compelled to cherry pick shit word-for-word from a woman that's as pro-renewables as anyone out there and present it out of context. But this definitely proves my point about not connecting the dots.

She's going to find this very funny.

Thanks, cherryberry.

I do think we need to stabilize oil pricing which is why the USA is bringing on ALL sources of oil so as to not have a single supplier issue. Originally Posted by eyecu2

This is why it's hilarious to watch people talk about domestic energy independence and want to increase Canadian tar sands. Yes, Russian oil needs replaced in the market and it's going to need to come from several places.

It's also why I posted links to the capacity reports and the AFPM. They represent the refiners who buy the tar sand oil and process it to unlock its potential. Still waiting for some on the other side of the argument to look at the refineries. Where they are. What they're processing crude into and why. And their vested interest is to ensure they have the ability to buy from the global market to secure the best pricing to protect their thin margins. They don't want domestic only supply. Only some even want tar sands. And they actually care about the crack spread.

Bam, for your sake, the crack spread isn't the one you do for your rimmers. Just as the gloryhole isn't the one you use at bookstore.

Salty, you can still giggle when Jerry Jones says he loves him some gloryhole.

That's good info and I'm sure it can be readily confirmed if anyone cares to do their homework.

Even if Keystone XL completion didn't add a single barrel to our daily Canadian import capacity, it would STILL be a no-brainer since pipeline delivery is cheaper, faster, cleaner and safer than truck or rail.

And consider this - we could conceivably do BOTH, i.e. deliver as much as possible via pipeline PLUS continue to use truck & rail. It sure beats having Biden and Blinken send emissaries to rogue nations like Venezuela and Iran begging for their oil, after years of our banning it and sanctioning anyone else who bought it. Don't the dim-retards know how stupid they are making the US look?

Not sure why eye keeps clinging to such weak anti-pipeline arguments. Maybe it's because he just can't bring himself to agree with Berry on anything. Originally Posted by lustylad

Yes - it came from a Yale climate website. It's accurate - this isn't some pro-oil website. And you are correct, it makes zero sense why anyone would oppose the pipeline. Either to replace that oil being moved by rail at a much higher cost and more negative impact on the environment. Or to substantially increase the supply (more than doubling it) rather than going begging rogue nations who hate the US.

But you are correct, Eye will never admit it.

Funny that berry the cherry picker only takes snippets of quotes that are similar talking points on FOX news.... Originally Posted by eyecu2

I realize this may be hard for you and Gristle to comprehend, but I posted the relevant sections of the article to address the question you raised

There was no need to post the entire lengthy article, much of it which was unrelated to the question PROVING YOU WRONG.

So admit it - YOU WERE WRONG

Karin disagrees. Instead of lifting her words out of context, read her latest op-ed.

https://t.co/YDksi9dt31

You're out of your element, cherry. And you're exposed.

Cherry berry thinks if he says "you're wrong"-enough, that might make him right by proxy much as Trump used to keep saying the election was stolen. Facts don't support either of them, and when I post things like:

1. The oil will get here regardless of a pipeline.
2. The finances of the pipeline are not in the favor of the US but in favor of the Canadians.
3. It's already inferior product coming from Canada's oil area and requires much more energy to refine
4. That even Canada is not 100% on board with building that pipeline, especially with the economics changing from 2008 to 2022.

But yeah, sure ....you're right that we could use more access to oil. We just disagree on the how, where, and why. All items which are explained by economics versus politics

And part of the economics and the politics are that refining capacity has actually fallen. From closures. Aging infrastructure. Conversions of refineries to focus on other resources, including bio-diesels. Or over at Marcus Hook, which is now focused on LNG.

The US has the largest refining capacity in the world. But China has been accelerating production of new refineries and experimenting with new tech while our refineries have lagged behind as a priority. That's not just because of Joe. That's multiple administrations that failed to invest in expanding and helping to modernize the necessary infrastructure as they shifted towards LNG and electric.

Cherry berry thinks if he says "you're wrong"-enough, that might make him right by proxy much as Trump used to keep saying the election was stolen. Facts don't support either of them, and when I post things like:

1. The oil will get here regardless of a pipeline.
2. The finances of the pipeline are not in the favor of the US but in favor of the Canadians.
3. It's already inferior product coming from Canada's oil area and requires much more energy to refine
4. That even Canada is not 100% on board with building that pipeline, especially with the economics changing from 2008 to 2022.

But yeah, sure ....you're right that we could use more access to oil. We just disagree on the how, where, and why. All items which are explained by economics versus politics Originally Posted by eyecu2

This is what you posted:

Why don't you prove me wrong then Berry. Tell me how the tar sands oil is not making it to the US for refining. Of course a larger pipeline may be a cheaper mechanism of transport, but it's not the only mechanism and that's the point. Originally Posted by eyecu2

You can't run away from your own words and post. Or change your question and assertion after the fact. I provided actual FACTS addressing your question and proving you wrong. It's ok, you can admit it. It's all there for everyone to see

This is what you posted:



You can't run away from your own words and post. Or change your question and assertion after the fact. I provided actual FACTS addressing your question and proving you wrong. It's ok, you can admit it. It's all there for everyone to see Originally Posted by berryberry

See this part you missed

Halting construction of the Keystone XL pipeline will by no means kill Canada’s oil sands industry: Productionhit a record highin November. But it will make it harder for companies to profit from developing the world’s third-largest proven reserve of crude oil. The oil sands industry produces around a billion barrels of crude each year, making Canada thefourth-largest oil producerglobally

It's heated, put into vessels resembling a hockey puck where it solidifies with a polymer, and can be transported by rail or truck. That's actually safer, though perhaps not as environmentally friendly in some ways.

https://www.cn.ca/en/your-industry/p...icals/canapux/

This is one way that Canada is shipping their oil without a pipeline that keeps it in liquid form under heat and high pressure over sensitive lands. It's how engineering and ingenuity tackle a problem.

And because it's Canadisn it resembles a hockey puck.

Simple fact: The Left wants high gas prices in America because they want to damage America and promote their green agenda.

Senile Biden started this on Day 1 with his anti-fossil fuel actions.

No matter how much the libtards try to deflect and post mis-information, real Americans know these truths

That's the retort from a man not in command of the facts, telling us he's the great and powerful Oz and not to look behind the curtain.

Curtain's already open, my friend.

Gentlemen

#1 - Avoid cases of unprovoked rudeness to others. No place for it here. Yes, with the dynamic nature of the threads and topics, tempers will flare and things will become heated from time to time. You may often encounter individuals who become passionate or emotional when expressing one's opinion or point of view. That's all understood and perfectly acceptable within reason…….but, start slamming or bashing another member and be met with consequences.

Easiest way to tell Democrats are losing sleep over high gas prices is when they say it's not Senile Bidens fault

Maybe they and Senile Biden should consult with Hunter - he was a self proclaimed gas expert in Ukraine

Meanwhile more pain at the pump for everyday Americans

https://gasprices.aaa.com/?state=PA

Regular is running 4.337 in Pgh on avg