Keystone pipeline offically dead

Seriously, trying to act like Biden had some effect on gas prices is moronic. I still don’t get why this pipeline is so hated, seems like it was a net benifit

That is no long a crazy prospect… unfortunately.

Own it.

Biden wants energy for elites not the serfs.

Trump delivered abundant energy.

The question is prior to the election did Biden make an election commitment to close it? The supplementary question is did he follow through with that commitment after he took office?

Yeah, yeah…the high fuel prices that took place IMMEDIATELY after the pipeline was shut down…has absolutely no correlation. Nothing to see here folks. Move along… :sunglasses: :tumbler_glass:

4 Likes

the pipeline wasnt shut down. its not built yet.
how would a pipeline thats not built have an effect on gas prices today?

1 Like

Infrastructure!!

Say it loud…say it proud.

:mega:

Investment funds matter to a complete and healthy market sector.

It was a very foolish and spiteful move.

competition and supply

1 Like

supply didnt change…how does. pipline not yet built affect supply?

1 Like

Who would have purchased the finished product? Were agreements made? If the pipeline construction is halted, those currently selling their finished product now know that the future competition will not exist, so they can raise their prices and be confident they won’t lose future business as a result. Is it the sole factor? No. Is it a factor? Yes.

1 Like

This doesn’t make sense considering the pipeline would have taken years to finish. Nobody is going to price for competition years down the road. Not a competitive market like oil, whose price is controlled by world events.

1 Like

We are going to have to deflect quick. Or folks might catch on to our plan.
And if they get the skinny on the plan they might figure out how we rigged the election.

1 Like

Funeral costs have gone way up.

2 Likes

The pipeline would export Canadian oil to the rest of the world. How would that effect our gas prices?

The pipeline wouldn’t do that…just sayin… :sunglasses: :tumbler_glass:

Sorry. It would deliver oil to refineries in the gulf coat who would export the gas to the world.

If the total amount of oil on the market goes up say for example opec raises output how does that affect gas prices?

That is the answer.

2 Likes

Global GPD production is around 95M barrels. Keystone XL would be 700K.

You think that would matter to us?

Thanks OPEC