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IF the oil that would flow through the Keystone pipeline is for US consumption... (Original Post) liberal N proud Mar 2012 OP
I thought that every drop of oil pumped goes on the ... GodlessBiker Mar 2012 #1
Build the refinery in ND and it is more difficult to sell overseas liberal N proud Mar 2012 #2
Bingo! excuse not to write Mar 2012 #6
The lying to us will never indepat Mar 2012 #14
Exact-a-fucking-mundo pkdu Mar 2012 #3
I am guessing that it isn't the actual refining that is the problem but the entire grantcart Mar 2012 #4
How does it get to the US consumer from Texas? liberal N proud Mar 2012 #5
it doesn't get distributed by truck or rail to the midwest now? ellenfl Mar 2012 #13
A few facts... Lochloosa Mar 2012 #7
Currently the US imports 9 million barrels of crude a day and exports grantcart Mar 2012 #8
See post 7 liberal N proud Mar 2012 #10
lol so I take it that you don't believe that oil is a fungible commodity and grantcart Mar 2012 #11
It isn't about fungability, it is about the lies Americans are told liberal N proud Mar 2012 #12
There isn't enough oil floating in the Gulf of Mexico yet? kenny blankenship Mar 2012 #9
Why are they not screaming this day and night on tv? slater71 Mar 2012 #15
My point exactly. liberal N proud Mar 2012 #17
Its still $100 per barrel oil - the tar sands project is one of the most expensive there is bhikkhu Mar 2012 #16
BINGO, you get a cookie! Odin2005 Mar 2012 #18
Oil and its refinery products are fungible commodities, traded on global markets. eallen Mar 2012 #19
Because that part of the project is already completed Sen. Walter Sobchak Mar 2012 #20
It's not and never was for US or Canada for that matter. Devil_Fish Mar 2012 #21
But advertising leads people to believe it will be. liberal N proud Mar 2012 #22
Implement a $5/gallon gasoline/diesel export tax. krispos42 Mar 2012 #23
Best idea ever. Devil_Fish Mar 2012 #24

GodlessBiker

(6,314 posts)
1. I thought that every drop of oil pumped goes on the ...
Sun Mar 18, 2012, 11:12 AM
Mar 2012

world market, where anyone can buy it.

You can build a refinery in ND, but you still have to compete against China and others to first buy oil to be refined.

Or something like that.

liberal N proud

(60,338 posts)
2. Build the refinery in ND and it is more difficult to sell overseas
Sun Mar 18, 2012, 11:17 AM
Mar 2012

Piping it to the gulf is so it can be sold on the world market.

The oil industry is lobbying the public with the propaganda that the oil is for US consumption.

If they were truly trying to provide a supply for the US consumer, then build the refinery close to the source.

Just stop lying to us.

pkdu

(3,977 posts)
3. Exact-a-fucking-mundo
Sun Mar 18, 2012, 11:19 AM
Mar 2012

It is NOT for US consumption , its for Houston refineries then tankers out of the Gulf.

grantcart

(53,061 posts)
4. I am guessing that it isn't the actual refining that is the problem but the entire
Sun Mar 18, 2012, 11:26 AM
Mar 2012

infrastructure related to reshipment after refinement.

That would include using domestic pipelines and tankers taking refined petroleum gasoline to other ports by tanker.

If it was refined in ND how would it get to the mid west and the east coast? by truck ? by rail?

I am guessing that it is much much less expensive to transport the gas by tanker to NY from Texas by tanker than it is to have thousands of truck loads go by either surface or railroad.

ellenfl

(8,660 posts)
13. it doesn't get distributed by truck or rail to the midwest now?
Sun Mar 18, 2012, 01:19 PM
Mar 2012

shipping it from nd or tx to landlocked states is all the same. btw, i understand that the tar sands in question would become diesel. do you use diesel fuel in your transportation? the ONLY reason for the pipeline is to get the oil to the global market.

ellen fl

Lochloosa

(16,066 posts)
7. A few facts...
Sun Mar 18, 2012, 11:48 AM
Mar 2012

Key Facts on Keystone XL


Energy Security: Tar Sand will not Reduce Dependence on Foreign Oil

Keystone XL will not lessen U.S. dependence on foreign oil, but transport Canadian oil to American refineries for export to overseas markets.
•Keystone XL is an export pipeline. According to presentations to investors, Gulf Coast refiners plan to refine the cheap Canadian crude supplied by the pipeline into diesel and other products for export to Europe and Latin America. Proceeds from these exports are earned tax-free. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.
•Reducing demand for oil is the best way to improve our energy security. U.S. demand for oil has been declining since 2007. New fuel-efficiency standards mean that this trend will continue once the economy gets back on track. In fact, the Energy Deptartment report on KeystoneXL found that decreasing demand through fuel efficiency is the only way to reduce mid-east oil imports with or without the pipeline.

More info:

http://www.tarsandsaction.org/spread-the-word/key-facts-keystone-xl/

grantcart

(53,061 posts)
8. Currently the US imports 9 million barrels of crude a day and exports
Sun Mar 18, 2012, 11:56 AM
Mar 2012

900,000 barrels of processed gasoline and petroleum products a day.


Question

1) do you believe that the crude and petroleum markets are indeed 'fungible' ?

2) where do you believe that the majority of refined products is going?

grantcart

(53,061 posts)
11. lol so I take it that you don't believe that oil is a fungible commodity and
Sun Mar 18, 2012, 01:00 PM
Mar 2012

have absolutely no idea where our refined petroleum products go.

liberal N proud

(60,338 posts)
12. It isn't about fungability, it is about the lies Americans are told
Sun Mar 18, 2012, 01:14 PM
Mar 2012

They are told that if we build the pipeline, the oil will be used in the US.

It won't. The link at post 7 covers that.


Fungability is purely a notion conconted to allow one nations natural resources to be sold under the notion that by not having it to use here we will all convert to less energy consuming systems. Alternative energy systems are years from being feasable.

In the meantime, we are giving away the resources.

The notion that this pipeline will solve all our ills related to energy is a farce.

bhikkhu

(10,718 posts)
16. Its still $100 per barrel oil - the tar sands project is one of the most expensive there is
Sun Mar 18, 2012, 04:20 PM
Mar 2012

So whatever quantity or wherever it goes, it does nothing much to bring the price of oil down. What it would do is direct more of the vast global oil revenue and jobs to North America, but in the long term even that is only really beneficial if the resources created are used to transition away from fossil fuels.

eallen

(2,953 posts)
19. Oil and its refinery products are fungible commodities, traded on global markets.
Mon Mar 19, 2012, 01:01 AM
Mar 2012

You won't get a politician to admit it, but it matters less where your oil or gasoline originate, than where your shoes or cellphone were made.

Generally speaking, the oil companies prefer to expand existing refinery capacity to building new refineries. Existing sites have the pipelines, harbors, rail, infrastructure, and workforce in place. That said, a new refinery <i>is</i> being built in South (not North) Dakota.

And the only difference it makes whether it gets its crude from Canada, our Gulf, their Gulf, or elsewhere is how tankers are routed and pipelines are used. Logistics, nothing else.


 

Sen. Walter Sobchak

(8,692 posts)
20. Because that part of the project is already completed
Mon Mar 19, 2012, 02:18 AM
Mar 2012

Keystone XL is the second phase of an existing project, the segment of the Keystone project that delivers oil to refineries in the upper midwest is already in operation. Why the poutragers have only latched on to this project now is a mystery to me.

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