Mr. H.
Diamond Member
- Aug 19, 2009
- 44,179
- 9,873
fuck you."how much" is irrelevant, since the point is it's not going here. What i'm describing is the pathway; the original point was that keystone makes or helps make the us "energy independent". My post was to explain why that's not at all the case.
I'll resist answering "what effect on domestic u.s. Production will the xl portion have?" unless we can define what the question means. If we mean literally the product that is produced in the us, that's one thing, but the fact that product x is made (refined) here still has no bearing at all on this country's energy supply, because production and importation are different things. The fact that a refinery is physically within the united states doesn't in any way imply that the united states is where its product is going. And that's the point. Would that it were that simple, but it's not.
So the qualified answer: Us production would be affected insofar as raw material, but since refineries operate near full capacity anyway the volume would be unchanged ---- but production is not the point. accessibility is.
But say h, iirc you're in the industry ... Can you tell us what the benefit of keystone is, other than greasing the corporate wheels? In other words -- what's in it for us?
i could tell what i understand to be fact, but with 37 years in the industry i'm just looked upon as a shill and a mouthpiece. :d
i won't get into tiit for tat talk (and not via tapatalk) so all i'd like to suggest to anyone is to search out many sources- even those you wouldn't view as "credible". My choices (of course) would be industry journals and publications, of which i'm an avid reader. A few:
Rigzone, world oil, oil and gas investor, oil and gas journal, american oil and gas reporter (which has actually quoted me lol), midstream... Those are some of the biggies.
home - ipaa will give you a straight-forward view of industry issues from industry's perspective (of course).
The answers to the questions that i posited can be found among these publications.
The eia is also a good source for what i consider pragmatic and non-partisan statistics regarding the industry.
This i know as fact- the xl portion of this project will serve as a conduit, allowing inventories of domestic crudes to reach u.s. Refineries in a much more efficient fashion thereby reducing bottlenecks and bloated inventories.
And yes- this will lead to an increase in localized pricing of domestic crudes, and most likely an ultimate increase in the price of gasolines.
Butt (and that's a big butt), you should also consider that domestic crude prices (wti), have historically lagged world crude prices (brent) because of these bottlenecks and bloated inventories.
I know this is a bit long-winded, but i figured that i should afford you what you've afforded me... A courteous and well-thought reply.
Besides, it beats what i really want to say... Fuck you asshole.![]()
i knew it was a matter of time before the ethanol kicked in --- right on time too
Thanks h. Good to have content in a thread from someone who knows what he's talking about.