that was sarcasim
click the link and look at the pipeline map ... you cant piss and hit the ground in Texas, Oklahoma, and La without getting an oil pipeline wet ... yeppers, we need more pipelines!
on that note, 50 new pipelines in this country wont mean jack shit unless there are refineries capable of handling the load, and even then the oil company that owns the oil will sell it on the global market ... the oil boys make big $$$, the idiots defend them and the people here dont get shit. .... If thats not a solid rightwing policy tell me what is?
Originally Posted by CJ7
Why is it a problem for you and others that the oil will be sold on the global markets? So is the natural gas we produce.
It is not a matter of whether "'WE" need more oil/gas pipelines, but rather whether the world needs it.
We buy our oil on the global markets, too. Most of our imported oil comes from Canada, Mexico, Venezuela and (I think) Nigeria. We cut down our imports from the Middle East many years ago so that we would not be directly vulnerable to any embargoes like in 1973.
Of course, if Middle East supplies start to dwindle (or there is an embargo), other countries (i.e., China, India, Europe, Japan) will compete with us to buy oil from Venezuela, Canada, Mexico, and other places and the price will go up. But the price will go up even faster if you prevent the oil from the Keystone pipeline from being added to the global market.
We pay the global market price for oil. And that price is determined by how well the worldwide aggregate supply meets the worldwide aggregate demand. If supply is short relative to demand, price goes up. So, if you want to keep oil prices down, you can increase supply and/or reduce demand.
We cannot really control worldwide demand. We can do our best to decrease domestic demand. But, internationally, China's gonna do what China's gonna do. And they are going to build and modernize and use more energy - of all types.
So, our only real shot at keeping oil prices reasonably low on the world markets is to increase supply world wide.
We can still try to suppress oil demand domestically, however. We can tax gasoline and home heating oil heavily to force people to buy smaller, more efficient cars and to build smaller, greener homes or apartments. I'm in favor of both.
The Keystone oil does not have to be sold domestically to benefit the US. The US will benefit so long as the revenues produced by the pipeline exceed its costs. It is pretty clear that will occur.
