1. Depends on the pipeline
2. Both depending on the pipeline
3. Both
Now you tell me why are you and Senile Biden so anti-pipeline? Why are you both against expanding energy production?
Originally Posted by berryberry
First -if you knew anything about a pipeline it had nothing to do with production. Pipelines are about midstream transportation. Gas production is simple - drill a hole in the ground, and do what's necessary to produce a well. Once a well is produced it goes to gathering lines, and then in localized area it goes to a compression station, and then to a distribution Network.
Large pipelines are about sending gas or petroleum products to interstates or intercontinental sites, where it is sold as a commodity. The majority of pipelines and the past used to be to distribute for consumption within the country. Because it was domestic consumption the cost was not subject to global pricing. As soon as these large pipelines started heading to global ports, gas and petroleum products became part of the global pricing and international pricing. I've stated this before, but large pipelines are not the answer when they land at intercoastal ports. That LNG is destined for export.
This country has always imported oil from many resources. The reason being is that oil from other sources is much more refinable than domestic oil in most cases. It's simple it's cheaper to refine that oil imported then our own. However lots of other countries don't have natural gas and we have a lot of it. So when somebody says they want to export our LNG it's because they can get a better price for it on an international market. That's the whole purpose of most of pipelines that are in the US. Granted there are some oil pipelines, mostly in Texas, and Alaska, and there's one that comes from Canada down to the US.
Trump once proclaimed that we were finally energy independent, and that's actually not true. We might have come to a net independent due to the fact that in the pandemic nobody bought any gas, or very limited amounts of oil and gas, since the country was shut down. But if you really think about it if nobody's buying gas where we really independent?
As soon as the country began to open up again the increase for purchases of international oil became just as high as prior to meet the current need. Gas prices went up since demand went up and supply was relatively low. Natural gas prices on the other hand haven't been affected nearly as much since we have an abundance right here in the domestic us.
And finally the people who are making bank on this are the people that own the pipelines, and it's always for their own self-interest, or the interest of shareholders they represent. Some are domestic owners and some are international owners, but politicians and anybody on this board who suggests, that we were better off under Trump don't know shit about how oil and gas works. Why is gasoline going up? Because international prices are going through the roof, and that's not because of the US, that's because of all the fucking bullshit that's going on internationally including low production and people taking advantage of high demand here in the US.
Anybody who spouts out about the US being energy independent under Trump is just a gaslit idiot.