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There are plenty of good hard-working honest people in the oil business just like in any other business. Fossil fuels supply more that half U.S. energy, energy for heat so that people don't freeze, energy for hospitals that save lives. Come up with a cheaper cleaner product instead of deciding to "dethrone" those who don't agree with your opinions.Maybe because the robber barons of petroleum need to be dethroned
Ok....electricityThere are plenty of good hard-working honest people in the oil business just like in any other business. Fossil fuels supply more that half U.S. energy, energy for heat so that people don't freeze, energy for hospitals that save lives. Come up with a cheaper cleaner product instead of deciding to "dethrone" those who don't agree with your opinions.
Yes, absolutely. Just like Project War Speed, private companies can pull together in a time of crisis. Joe Biden has caused numerous fossil fuel projects to be ended, why couldn't he do the opposite in a time of world need?
Six U.S. companies had union contracts with the Canadian company. So there would be workers involved in the building of the pipeline, an estimated 11,000 and then some would still have to maintain it. Probably there are perpetual leases on the land and the U.S. property owners would get royalties. Likewise U.S. oil refineries contract with the Canadians, refineries profit in the deal. Then the barrels of oil add to the world supply, bringing down the cost of gasoline at the pump and the so many U.S. companies that use oil for various purposes, to make plastics, etc.Operation Warp Speed worked by reducing Government red tape around having multiple stages of development running in parallel. What are you suggesting the government could do to speed production of a pipeline for a Canadian oil company and what would be the benefit?
Six U.S. companies had union contracts with the Canadian company. So there would be workerinvolved in the building of the pipeline, an estimated 11,000 and then some would still have to maintain it. Probably there are perpetual leases on the land and the U.S. property owners would get royalties. Likewise U.S. oil refineries contract with the Canadians, refineries profit in the deal. Then the barrels of oil add to the world supply, bringing down the cost of gasoline at the pump and the so many U.S. companies that use oil for various purposes, to make plastics, etc.
There were stories in the press about the number of jobs. You could go back to the original estimate by the company, a huge majority of the jobs were estimated to be American and less than 3000 originally for Canadians. https://www.keystonexl.com/siteassets/pdfs/fact-sheets/keystone-xl-project-overview.pdf The majority of credible economists, if not all, believe in supply and demand. Allowing just this one pipeline going through would have made a significant impact on the world supply, I believe that had our country come together and had Joe reversed his course and promoted all U.S. projects by the end of this year we likely would have been able to replace all of the oil Russia supplied to the E. U. sometime this year. We have the resources.You seem to have missed the first part of my question. What are you suggesting the government could do to speed production of a pipeline?
As for the benefits. 11000 jobs estimated by whom? What credible economists believes the pipeline would effect world oil prices?
Just need a minor bit of the government seizing the means of production. Isn't that the conservative approach towards economic systems?Of a private company?
Just need a minor bit of the government seizing the means of production. Isn't that the conservative approach towards economic systems?
There were stories in the press about the number of jobs. You could go back to the original estimate by the company, a huge majority of the jobs were estimated to be American and less than 3000 originally for Canadians. https://www.keystonexl.com/siteassets/pdfs/fact-sheets/keystone-xl-project-overview.pdf The majority of credible economists, if not all, believe in supply and demand. Allowing just this one pipeline going through would have made a significant impact on the world supply, I believe that had our country come together and had Joe reversed his course and promoted all U.S. projects by the end of this year we likely would have been able to replace all of the oil Russia supplied to the E. U. sometime this year. We have the resources.
Six U.S. companies had union contracts with the Canadian company. So there would be workers involved in the building of the pipeline, an estimated 11,000 and then some would still have to maintain it. Probably there are perpetual leases on the land and the U.S. property owners would get royalties. Likewise U.S. oil refineries contract with the Canadians, refineries profit in the deal. Then the barrels of oil add to the world supply, bringing down the cost of gasoline at the pump and the so many U.S. companies that use oil for various purposes, to make plastics, etc.
While I would put it closer to one percent, you are talking the entire world, and it takes only a small percentage to change from a surplus to a deficit, as we have seen by Joe's policies. Remember Joe could also reverse course on drilling in the Gulf of Mexico and Alaska, and other projects, enough projects to put back the price of gasoline where it was before Joe's disastrous policies and lower the price of food in the grocery store, etc. But he won't budge, the elitists in Washington can drive Teslas and are make the poor and middle class suffer. Joe should restore the Trump polices, and if he is serious about electric cars first rebuild the nation's power grid so that it can handle the switch to electric. People know we have brown outs and black outs today, what will happen if the switch to electric cars is made before updating the power grid?The estimates I've seen is that the pipeline would have roughly doubled capacity -- it currently carries about 510,000 barrels of oil per day, it would have added an additional 510,000 barrels. I know that sounds like a lot but, worldwide, over 100 million barrels of oil are produced daily. The extra half percent produced, while it might have been nice, is not enough to cause any real effect to oil prices.
Additionally, the job numbers are disputed. More neutral sources (not the developer) claim that it would create 2,000 temporary jobs, to build the pipeline, with only 35 new permanent jobs.
While I would put it closer to one percent, you are talking the entire world, and it takes only a small percentage to change from a surplus to a deficit, as we have seen by Joe's policies. Remember Joe could also reverse course on drilling in the Gulf of Mexico and Alaska, and other projects, enough projects to put back the price of gasoline where it was before Joe's disastrous policies and lower the price of food in the grocery store, etc. But he won't budge, the elitists in Washington can drive Teslas and are make the poor and middle class suffer. Joe should restore the Trump polices, and if he is serious about electric cars first rebuild the nation's power grid so that it can handle the switch to electric. People know we have brown outs and black outs today, what will happen if the switch to electric cars is made before updating the power grid?
I think it's up to the court system and the police (local, state, and federal) to enforce existing laws.
Congress/the house/president are meant to create or alter laws, not enforce them.
Judges should be on the hook if laws are not being enforced.
Talk about drivel. Biden revoked the permission for the Keystone XL pipeline which was to transfer tar sand oil, the dirtiest oil, down to ports to send most all of it to other countries. It was going to be traveling over the Ogallada Aquifier which provides water in the plains from South Dakota to Texas. A leak would have been devastating.
We didn't get oil into our gas pumps from the XL pipeline nor were we going to.
I really wish people would do actual research and not spew stuff from a partisan site.
Maybe because the robber barons of petroleum need to be dethroned
There are plenty of good hard-working honest people in the oil business just like in any other business. Fossil fuels supply more that half U.S. energy, energy for heat so that people don't freeze, energy for hospitals that save lives. Come up with a cheaper cleaner product instead of deciding to "dethrone" those who don't agree with your opinions.
Lazard, an independent invesment bank, produced a levelized cost of energy per megawatt hour (LCOE per MWh) estimate for the US in 2020. Here are the price ranges (including US tax credits but excluding carbon pricing) and average annual price:
Utility PV - $24 to $42, mean of $37
Wind - $9 to $43, mean of $40
Natural gas combined cycle - $44 to $80, mean of $59
Geothermal - $49 to $94, mean of $80
Nuclear - $125 to $200, mean of $163
Natural gas -$142 to $206, mean of $175
Coal - $61 to $164, mean of $112
Residential PV - $135 to $205, mean of $141
Here are the International Energy Agency's estimates of global levelized cost of LCOE per MWh for 2020
Onshore wind - $31 to $41
Offshore wind - $71 to $110
Home scale PV - $16 to $227
Utility scale PV - $39 to $61
Hybrid source PV- $47 to $58
Geothermal - $36 to $72
Coal - $41 - $159
Natural gas - $51 - $107
Heavy oil - $91 to $131
Natural gas combined cycle - $28 to $127
Ultra-super critical coal - $41to $78
Generally speaking, utility scale solar and onshore wind are the cheapest forms of electricity, typically around 1/2 to 1/3 of traditional fossil fuel power.
Advanced combined cycle turbines is about the next cheapest, but only for a few markets. The LCOE for combined cycle gas is typically only competitive in countries with abundant and cheap natural gas.
However, renewables prices continue to trend downwards, while fossil fuel prices continue to trend upwards.
This sort of thing belongs in "Conspiracy Theory".
Do they have solar powered commercial airliners yet? How about solar powered mega freighters?
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