GasBuddy Blog

Message Forum - Read Message

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Ezell, a senior toolpusher, said Anderson and others on the rig, including BP supervisors, misinterp	Post a Reply Back to Topics

Nicoalbum Champion Author Ottawa Posts:6,032 Points:1,191,850 Joined:Jan 2010	Message Posted: Mar 5, 2013 7:58:21 PM Ignore Nicoalbum Report Abuse It might be all in the timing. Much has been written already about Friday’s U.S. State Department environmental assessment on the Keystone XL. The Canadian media were cautious, focusing on the fact that the report doesn’t guarantee approval by PresidentObama and that the State Department is “anxious” for feedback on it from the public, including the Keystone’s archenemies. The most revealing thing about that report, though, might be its timing. The State’s environmental assessment is the last in a series of rapid developments that have kept the the Keystone in the news since the start of Obama’s second term. A former climate adviser to President Bill Clinton recently told the Financial Times he thought President Obama should okay Keystone at the same time as he unveils some new Visit Canadian Business for full article

Nicoalbum

Champion Author
Ottawa

Posts:6,032
Points:1,191,850
Joined:Jan 2010

Message Posted: Mar 5, 2013 7:58:21 PM

Ignore Nicoalbum Report Abuse

It might be all in the timing.

Much has been written already about Friday’s U.S. State Department environmental assessment on the Keystone XL.

The Canadian media were cautious, focusing on the fact that the report doesn’t guarantee approval by PresidentObama and that the State Department is “anxious” for feedback on it from the public, including the Keystone’s archenemies.

The most revealing thing about that report, though, might be its timing. The State’s environmental assessment is the last in a series of rapid developments that have kept the the Keystone in the news since the start of Obama’s second term.
A former climate adviser to President Bill Clinton recently told the Financial Times he thought President Obama should okay Keystone at the same time as he unveils some new
Visit Canadian Business for full article

REPLIES (newest first)Ignore Short Messages

Straitliner Champion Author Illinois Posts:1,520 Points:240,450 Joined:Sep 2012	Message Posted: Mar 7, 2013 6:15:06 AM Ignore Straitliner Report Abuse Yep!
jrs4125 Champion Author Indiana Posts:2,773 Points:594,670 Joined:Sep 2011	Message Posted: Mar 7, 2013 5:54:34 AM Ignore jrs4125 Report Abuse What?
USMCturtlehead Champion Author Lexington Posts:2,044 Points:106,625 Joined:Feb 2013	Message Posted: Mar 6, 2013 7:13:06 AM Ignore USMCturtlehead Report Abuse Just a misinterpretation. Hmmmm.
comprof Champion Author Houston Posts:6,875 Points:1,359,675 Joined:Jul 2009	Message Posted: Mar 6, 2013 1:11:03 AM Ignore comprof Report Abuse nsdp: good points.
ktbaeohana Champion Author Las Vegas Posts:2,314 Points:423,160 Joined:Mar 2010	Message Posted: Mar 5, 2013 10:36:58 PM Ignore ktbaeohana Report Abuse watch and see.
nsdp Champion Author San Antonio Posts:1,117 Points:47,340 Joined:Jun 2012	Message Posted: Mar 5, 2013 10:25:07 PM Ignore nsdp Report Abuse This is one that the economics at the point when the line actually gets built determines whether or not it will be profitable or a money pit. The increase in contract refining for export may well kill any hopes of operating Keystone profitably. Today a refinery can buy dilbit and make maybe $12.70/barrel vs $18/barrel refining heavy oil under contract for Mexico, Columbia or Brazil. PDVSA refines its own heavy crude in two PDVSA co=owned refineries. Dilbit will NOT replace Orinoco from Venezuela under current circumstances. Unless Dilbit dropped to about $35/barrel US refineries will not displace sure profits from Maya, Brazilian Orinoco or heavy crude from Columbia to take a chance on the US retail market. Alyeska took over 10 years from proposal to in service. Using that as a guide we have about another 4 years before pipe will be laid. The electric service in Southern South Dakota and Northern Nebraska won't be ready until 2016. That assumes that safety issues resulting from electric line outages at Wolf Creek, Fort Calhoun and Cooper nuclear plants are resolved to NRC's satisfaction. A double contingency could present serious reliability problems given the isolated areas of Nebraska and South Dakota that the line has sited pump stations. We had an article saying that there was no way NPPD could meet a 2014 in service date and 2015 was difficult at best. Humble pie, safety seems to be the most serious concern right now. Tell me have you already forgotten about August 14,2003? You don't seem to understand that grid reliability is an issue here as well as the environment.
humblepie Champion Author Toledo Posts:34,329 Points:2,374,295 Joined:Mar 2006	Message Posted: Mar 5, 2013 8:34:05 PM Ignore humblepie Report Abuse it seems the eco nazi's have the big o's ear
Nicoalbum Champion Author Ottawa Posts:6,032 Points:1,191,850 Joined:Jan 2010	Message Posted: Mar 5, 2013 7:59:18 PM Ignore Nicoalbum Report Abuse The topic is Why the Keystone saga is hinting at an XL-size bargain with environmentalists