I have been reading that Alaska wants to expedite fast track so they get the revenue. looking at 16.5% tax structure on new production. thinking they and natives all want it done real quick. pantheon can work all summer where they are next to the pipeline and only deal with local permitting. not federal. is that last positive ?
Joe Biden and Warren Buffett need to read this concerning shutting down the keystone pipeline https://www.sciencedaily.com/releases/2017/10/171010152907.htm Using data of crude oil transported out of North Dakota in 2014, Muller says the team found "that air pollution and greenhouse gas costs of shipping crude oil by rail are much larger than spill and accident costs."
And, as referenced in the paper, the costs are high. For instance, "Air pollution and greenhouse gas costs of moving a fully loaded 100-car train of crude oil from North Dakota to the Gulf Coast are about $150,000 and from North Dakota to the East Coast are $210,000. The total estimated air pollution and greenhouse gas damages for oil shipped by rail from North Dakota in 2014 exceed $420 million."
The authors note that air pollution and greenhouse gas costs equal $1,000 per 1 million barrel-miles via rail transportation compared to just under $400 in damages from spills and accidents. Via pipelines, it costs $500 in pollution and emissions costs per 1 million barrel miles while it costs about $50 for spills and accidents.
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