Another reason why we NEED the Keystone XL Pipeline

[Longitude Zero]

Because he believes that the risks of the pipeline outweigh its value? I'd call that adifference of perspective, not reason to call someone un-American. Unless, that is, you define America only by your personal terms.



The dream and reality of renewables aren't the same right now. But they're headed towards each other. My long-term investment portfolio has both conventional and renewable energy stocks, as should America's interests.

My long term portfolio is PROFIT oriented and NOTHING else. Sorry but financially in my mind I could care less about anything that does not increase my profits. My interests trump all others. Call my a profligate profiteer but I will be sitting pretty and not worried about anything or anybody else.

[ScottM]

My long term portfolio is PROFIT oriented and NOTHING else. Sorry but financially in my mind I could care less about anything that does not increase my profits. My interests trump all others. Call my a profligate profiteer but I will be sitting pretty and not worried about anything or anybody else.

Mine is growth, given that it's long-term. Profit comes later when you sell. Short term corporate profits don't always translate into the greatest long-term growth.

[knkali]

my long term portfolio is profit oriented and nothing else. Sorry but financially in my mind i could care less about anything that does not increase my profits. My interests trump all others. Call my a profligate profiteer but i will be sitting pretty and not worried about anything or anybody else.

baaam!

[Bawanna]

Reminds me of the time a few years ago when apparently some telemarketeers got my info my mistake.

Had like 3 calls in one week wanting me to invest like 500,000 in some new sure thing company.

I don't hear too good and I'm like 500,000 what? And he was like what you got in your portfolio, 3/4 mill.

What? 3/4 mill, what you talking about Cletus? What's a portfolio?

Guy thought I was playing him. I finally told him dude if your talking stock market and anything bigger than my meager savings account which isn't even in 1000's let alone mills, or my piggy bank which is probably richer you got the wrong dude.

What can I get in for say 20 bucks cash?

I still chuckle about it. 3/4 mill my back side.

[ScottM]

Boiler Room. Awesome movie [emoji3]

[deadeye]

Just to keep the record straight I am not against green energy. In fact I have a fortune invested in it. My tax dollars. Still waiting for a return on my investment other than Ovomit's buddies and cronies getting rich while our bridges and highways fall apart.

[Ron AZ]

Clearly you're not ready for an electric car and that's ok. Maybe you live somewhere like me that is spread out and gets pretty cold, and that's ok too. But not everyone lives wherever you do though, and those companies are beating their own sales records and the models are profitable.

Staunch conservatism always gets left behind in emerging markets, and there are always higher rates of failure in new ventures. But venture capitalists understand this, position their holdings appropriately, and make killings moving the market into new spaces.

Just because you're not a risk-tolerant entrepreneur doesn't mean everyone should be. But don't just take my word for it, look at the I.T. Economy.

Fine with entrepreneur's taking the risk. Just don't pour Gov't (our) money down the drain and tell us we should like it.

[Armybrat]

Because he believes that the risks of the pipeline outweigh its value? I'd call that adifference of perspective, not reason to call someone un-American. Unless, that is, you define America only by your personal terms.



The dream and reality of renewables aren't the same right now. But they're headed towards each other. My long-term investment portfolio has both conventional and renewable energy stocks, as should America's interests.

He's being paid by billionaires Tom Steyer & Warren Buffett to delay the Keystone Pipeline.

Very little risk with the pipeline vs the railroads - as the Canadians & West Virginians very well know. But yes, renewable resources (including nukes) should continue to be developed - just smarter & more cost effective.

A Mardi Gras float:

[DanTana]

If I recall correctly the POTUS said in his SOTU message how his policies have effectively reduced our energy costs, meaning the price of oil and natural gas. He has vetoed the pipeline and is against off-shore drilling, so how is his policies benefiting the consumer? He just happened to be in the right place at the right time and is dumb luck as far as his leadership goes.

[tv_racin_fan]

I don't get it.

Why do so many think the reason the pipeline goes to the gulf coast is so it can be shipped out?

Do you guys not know that the bulk of the refining capability of the US is right there in the gulf coast? Do you not know that the bulk of the heavy crude refining capability is right there in the gulf coast? Do you not understand that this particular oil is a heavy crude and to pipe it anywhere else in the US would mean the building of refineries capable of refining it? Got a clue as to when the last major refinery was built in the US?

The Canadians aint waiting on this pipeline. They have decided to build a refinery right there in Alberta and they intend to ship a portion of that diesel fuel to the US. Sad thing is that is all they are taking out of that oil sands and the rest that is there is going right back into the ground as they wont allow a full fledged refinery.

Yes people who are opposed to this pipeline have claimed it is intended to go to the gulf coast so it can be shipped out to China and elsewhere. But check with the govt agency who tracks these things and you find that the US imports some 9 MILLION barrels of oil/refined product per day and we export some 4 million barrels of same per day. The intent as I understand it is to import more from Canada and less from Venezuela. Yes you heard that democrats proposed an amendment whereby every drop of this oil/refined product would be mandated to stay in the US. That is a red herring because IF that had passed it would simply mean that oil from somewhere else would get refined and exported. Yes they do intend to export some according to what I read it might be as much as 1/3. You also might want to check to see who it is we export to. The largest share of exports go to Canada and Mexico.

Some have made the claim that this oil will reduce the price of GAS/DIESEL in the US. Actually, it will indeed but mainly because it means more oil on the worlds markets.. we get more from Canada which frees up some that we used to import from Venezuela. More supply means less cost. In fact check the price of oil recently that is exactly due to increased production, part of that increase is right here in the US and part of it is in the Canadian tar sands.

[tv_racin_fan]

He's a bit of a hypocrite and a lackluster speaker (I saw him in person at a conference once) but that doesn't mean renewable energies should be left under-developed. They are the long game for U.S. security, prosperity, self-sufficiency and global profit.

IF this is the case why on earth would you want the govt to have anything to do with it?

[knkali]

IF this is the case why on earth would you want the govt to have anything to do with it?

beautifully said

[ScottM]

IF this is the case why on earth would you want the govt to have anything to do with it?

By that same logic why should the U.S. Government have anything to do with its military interest? It'll just screw it up like it does everything else...

I stopped caring about XL months ago. Build it. Don't build it. I don't care. The long-term jobs impact will be minimal. The volume of Canadian tar sands oil won't be a lot. Too many different statements from officials and corporate leaders about how much the U.S. will refine, how much it will buy and how much it will ship elsewhere. The environmental risk is significant, but so are trains and ships. It's neither a bellwether for us energy independence nor carbon devolution.

Have I mentioned I don't care?

[muggsy]

The economic impact of the pipeline construction will be great. While the pipeline is being built many people will be employed. Because the are employed and earning they can purchase. Because they have purchasing power others will be hired to produce the products to meet their needs. An entire support system will have to be created to support the pipe line builders. Government doesn't create jobs. Government stifles job creation through regulation and taxation. You have a lot to learn Scott M.

[ScottM]

The economic impact of the pipeline construction will be great. While the pipeline is being built many people will be employed. Because the are employed and earning they can purchase. Because they have purchasing power others will be hired to produce the products to meet their needs. An entire support system will have to be created to support the pipe line builders. Government doesn't create jobs. Government stifles job creation through regulation and taxation. You have a lot to learn Scott M.

How many? 2000 during construction and 50-100 ongoing? Hardly an impressive number in the grand scheme of things. IBM employs 400k. JPMorganChase has 230k. Walmart employs 1.5 million. Pick a bigger project if you want to impress me with economic impact.