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Alias Born | 03/16/2010 |
Thursday, November 05, 2015 10:17:53 PM
BYSD decides to pursue, One thing is Clear.. The US governmental bureaucracy has it's own gigantic infrastructure to evaluate, approve and constantly inspect both new and existing projects is in fact; entirely dependant on the largest Energy producing companies on the Planet.. Exxon Mobil, BP, Chevron, Shell, as examples.. But there are also some other big players like Anadarko, EOG, Hess, Marathon, and Continental Resources, drilling and fracking right here in the US for both Oil as well as HUUUUGE quantities of natural gas..
So a very interesting development occurred yesterday when Trans Canada, the major sponsor of the XL Oil pipeline asked the US State Department to once again suspend it's ongoing permit process.. This has been a tactic used by Trans Canada to try and stall the process ((to keep the Obama administration from ultimately killing the XL project)) in hopes of keeping it fresh for topic of presidential debate forum into 2016.. No matter, this still will be a major political "hot potato" issue in the campaign even if he ultimately rejects it.. Democrats and their Union backers want and need the project for the much needed jobs, and GOP candidates want it for similar reasons but mainly BC it strengthens the US over OPEC Cartels..
Bottom line; is if you're in the Energy sector, especially clean burning bio technologies this on going drama is great free PR to your companies core business and revenues..
Go BYSD...
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