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Posted (edited)

I answered ... several independent producers... in the area have said this .... I am not sure these were the ones but BTA, CWEI, Henry Oil, and some others which I doubt you know of that are smaller producers and not retail people...These companies are worth 100's of millions so not really that small. I just don't remember which ones... Midland is an oil center and I don't remember which ones have been stating it... . About 20-25% of American oil comes from this area. Likely a lot of the producers oppose it because more oil available could mean a drop in oil prices ........ but that type of oil which would be transported is actually more expensive to refine...because it is considered very dirty...

There are a lot more .. but here is one:

Glen Perry, a petroleum engineer for Adira Energy, has warned that including the Alberta Clipper pipeline owned by TransCanada's competitor Enbridge, there is an extensive overcapacity of oil pipelines from Canada. After completion of the Keystone XL line, oil pipelines to the U.S. may run nearly half-empty. The expected lack of volume combined with extensive construction cost overruns has prompted several petroleum refining companies to sue TransCanada.

You don't hear much about northern Alaskan oil field anymore ... they are not producing enough to keep those pipelines "safe" from freezing... oil from there is expensive to drill and get to market... [ tough environment ] Don't hear much about opening drilling in the Gulf off Florida coast anymore.... why?? ..increased American mainland production. Unlike earlier, most oil used in America is now produced in America. In fact some companies including Valero exports gasoline to other countries. (supposedly about 10% of their production)

Read sources other than Fox. There are so many credible objections to it by those in the business. It just isn't needed at present plus the route is really the biggest objection other than environmentalist to that type of oil. ...READ real sources, not political ones. ... . Repeating a pipeline from here to the West coast was recently canceled ... almost did not even made the news.

So you are an expert on the oil industry too???

Are you aware of Kinder-Morgan Energy which cancelled this ... not a retail company....not small either.. owns 51,000 miles of pipelines.

http://fuelfix.com/blog/2013/05/31/kinder-morgan-shelves-plans-for-texas-to-california-freedom-pipeline/

First, no, I'm not an oil expert but I have stayed at a Holiday Inn Express in Midland once.

Second,...on my sources, I have linked to numerous other sources than Fox, such as Rueters, Huffington Post, CNN, Washington Post, New York Times and the WSJ, and many of those sources link to sites like the one you used..."FuelFix" or "Forbes" or whatever.

And speaking of "FuelFix", I said show me an oil company ConocoPhillips, Mobil etc.....that doesn't want the KXL. Kinder-Morgan is a pipeline transportation and storage company that builds and maintains gas and oil pipelines. You have to be delusional to think they wouldn't jump on the KXL like Kram-to-a-Bonnie-Brea-pocket-pool party if it were ever approved.

KM is in the business to make money and provide a service. They decided against building a pipeline from West Texas to California because there wasnt a need in that direction from customers, not because there ist enough oil. If there wasnt enough oil Kinder-Morgan wouldnt be currently TRIPLING their line in the Trans Mountain corridor.

Your Source

http://fuelfix.com/blog/2013/04/22/pipeline-project-quietly-moving-forward-would-send-oil-across-canada-to-west-coast/?cmpid=eefl

As President Obama weighs the fate of the Keystone pipeline, a similar project connecting Canadas oil sands to the West Coast is quietly moving forward, little noticed in the United States.

A 60-year-old pipeline already pumps oil from northern Alberta to Vancouvers busy harbor for shipment to Asia or California. Now the owner, Kinder Morgan Canada, wants to nearly triple the Trans Mountain Pipelines capacity, making it even bigger than Keystone.

And unlike Keystone, Trans Mountains proposed $5.4 billion expansion doesnt need the approval of the U.S. government. Canadian authorities will have the final say.

The project would give Canadas oil industry something it desperately wants a wide-open conduit between the tar sands and the global market. The existing pipelines that run from northern Alberta are at full capacity, and oil sands operators cant increase production as a result. Plus, most of the lines run south to the United States, which is in the midst of its own oil boom. Direct access to overseas customers could fetch tar sands oil a higher price.

The constraints are extremely real, said Geoff Hill, head of consulting firm Deloitte Canadas oil and gas practice. We cant get our product to market. We need several pipelines leaving Canada, not one.

Sort of diminishes the opinion from Glen Perry above over concerns that there wouldn't be enough oil to fill pipelines, doesn't it?

Rick

Edited by FirefightnRick
Posted (edited)

AP: "Appeals court: Obama violating law on nuke site"

http://www.star-telegram.com/2013/08/13/5076893/appeals-court-obama-violating.html

WASHINGTON In a rebuke to the Obama administration, a federal appeals court ruled Tuesday that the Nuclear Regulatory Commission has been violating federal law by delaying a decision on a proposed nuclear waste dump in Nevada.

By a 2-1 vote, the U.S. Court of Appeals for the District of Columbia ordered the commission to complete the licensing process and approve or reject the Energy Department's application for a never-completed waste storage site at Nevada's Yucca Mountain.

In a sharply worded opinion, the court said the nuclear agency was "simply flouting the law" when it allowed the Obama administration to continue plans to close the proposed waste site 90 miles northwest of Las Vegas. The action goes against a federal law designating Yucca Mountain as the nation's nuclear waste repository.

Rick

Edited by FirefightnRick

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