Winston
Platinum Member
Sorry, but adding supply has a direct affect on something....if I could only remember econ101......The pipeline is not about lowering gas prices no matter what political rhetoric has been used to sell it to the people. Your link to Forbes even admits that the general view is that it will lower prices and the OPINION of the writer is not what the general view is. There is no reasonable or rational economic argument that stipulates bringing more supply will somehow increase prices. That is simply an asinine thing to argue.How in the FUCK is it going to increase American Gas/Diesel Prices? By taking up available refining capabilities?
That's idiotic. The first requests/demands for the fuel/gas will be American and they will be honored...... For less money
All it does is make the refineries more profitable by allowing them to run at near-100% capacity. And by doing that, gas/diesel prices will fall as a result.
Look up 'Economies of Scale' dumbass.
Jesus Jumping Christ On A Fucking Pogo Stick but dimocrap scum are fucking stupid.
It's like they can't stand the thought of living good
Idiotic says the man who claims Americans will get the oil simply by "demanding" it and even at a lower price.
Keystone won't make the price of gas go down and might make it go up. Here,
The Keystone XL pipeline isn’t about lowering your gas prices
You don't like the Washington Post, try this one.
Keystone XL Won't Lower Gas Prices, It Might Raise Them
Both several years old. Common knowledge for anyone even minimally aware of the issues. Hell, the application to the US for the permit openly admitted it was about opening up additional markets and would generate an additional dollar per barrel in revenue for Canada. That's over a hundred million dollars per month at current levels.
It is simple - that oil WILL be refined and it WILL be transported to do so. The question we need to answer is if we want the economic activity here in the US and if we want to transport the oil in the safest and most efficient way possible. Without a doubt, that is by pipeline. This is a simple and verifiable fact. The environmental studies have already been done and it is not a viable point in opposition to the pipeline.
The ONLY point that has any merit and has been brought up thus far against KeystoneXL is eminent domain.![]()
Econ 101 was Micro when I went to school. This is 100, Macro. You take supply from one market and deliver it to another the price in the market losing the supply goes up. Yes, very basic Macroeconomics.
That's only true if the original supply stays constant. An increase in the original suppy changes that.
Who said the supply was increasing? You guys keep claiming the oil is coming, pipeline or not. So which is it?
Regardless, the oil will go where it gets the highest price. Right
This is not about increasing supply to domestic consumers. This is about taking supply that is currently being used for domestic production and getting it further inland to the refineries so that it can be processed for EXPORT. It decreases the supply of GASOLINE to US consumers.
Bullshit. Very little of the export will be refined gasoline.
Diesel is the ticket. And yes, it is all about getting the tar sands to international markets.
Fact Checking on Keystone XL and Exports - Oil Change International