keystone xl pipeline.
Posted in the US Politics Forum
#1 Aug 4, 2012
KEYSTONE XL PIPELINE.
Production do not affect the price of oil, gasoline as supporters of the pipeline claim. There is no shortage of oil anywhere in the worldly. If we produced more oil and the price of oil went down, producers would stop producing more oil because they dont profit when oil goes down to $50 a barrel instead of $100 a barrel. Or gasoline goes down to $1 a gallon. It simple does not profit the oil producers to lower the price of oil. The Keystone XL Pipeline would bring in more oil but would not lower the price of gasoline. We could produce more oil if we needed more oil to lower the price of oil and gasoline. If you lowered the price of lettuce, the grower would grow, produce and sell more lettuce but will not make more money. Would not be profitable and they would stop producing more lettuce and the price would go up and they would make more money. Put it to your 5th grader.
We get oil from Mexico, Canada and the Middle East in that order, not because we do not have oil in the ground, but because of the cost of getting it out and processing it would not be cost effective and bring down the cost of oil or gasoline.
Beetles are part of the eco system and we all know what happens when the eco system is disturbed. Yes, the beetles are important. Of course the white man dont know because he is driven by greed.
Environmental Effects of the Alaska Pipeline
Has it brought down the price of gasoline? NO.
Ps. If people who do not quality for food stamps are receiving them, blame it on the States that issue them and not Obama.
Obama do not control private sector hiring and firing. There were 165,00 private sector jobs added in July. Obama did not do that?
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