Replies to post #168284 on Tornado Alley (PROG)

[StephanieVanbryce]

I read the tarsand dirty oil is for exports? ... that's why they are taking it down to the ports
in Texas. First to refine and then to SHIP IT OUT! .. for mo money!

[StephanieVanbryce]

But we still need gas and oil for our cars, you say. Keystone will make us energy independent and save us all money on gas, right?

Well, no. Gas and oil trade on a global market, climbing over $97 a barrel Friday (while prices for natural gas and solar continue to plummet).

If oil pumped in North America stayed in North America, prices might come down, but that’s not happening. Last year, petroleum products were the United States’ largest export. The point of the Keystone Pipeline is to enlarge and extend an existing pipeline, which now ends in the Midwest, to refineries in Port Arthur, Texas, which is a designated foreign trade zone.

Americans will be able to wave at the Canadian oil as it flows by, on its way to ships that will bring it to Latin America and Europe.

Read more: http://www.metrowestdailynews.com/editorspick_mobile/x1090704447/Holmes-Choosing-sides-on-energy#ixzz1nAkSjfj4


This is a GREAT article but long .. well, not that long three pages

and it really covers every angle of this ..

[F6]

tinner -- and if I recall correctly, once here in TX the tar sands goop to be refined into fuels/whatever for export (not suitable/too expensive to refine to clean-enough fuels to meet domestic standards) -- in a special tax-free ex-im zone of some sort -- so southeast TX gets a huge additional dose of pollution from the refining of the goop, and whoever's very profitably doing that refining and selling out isn't even paying whatever minimal usual taxes that would otherwise apply -- whole thing's friggin' ridiculous, actually