Oil Pipeline Rejected

[OldCracker29]

Let's not get into a political uproar with this. After you read the article, read some of the discussion below it. This shit just gets my blood boiling.


http://nbcpolitics.msnbc.msn.com/_news/2012/01/18/10181927-obama-rejects-keystone-oil-pipeline

 

[Zembonez]

MEH

 

[cRiPpLe_rOoStEr]

I'm more favorable to investments on biofuels and other alternatives to the petroleum, but since this pipeline would be useful to reduce the amount of oil required to be imported it would be actually matter of national safety.

After you read the article, read some of the discussion below it.

No, thanks. I don't wanna get my blood boiling for tree-huggers, it's just like spend a good candle with a bad corpse as we say back here in Brazil...

 

[Nick The Great]

Kudos to Obama for stopping the New American Union

 

[RebelThunder]

Environmentalists say the job-creation claims are inflated

No way. Tree huggers could put a solar panel on a house and claim 35,000 green jobs would be created.

 

[mr_bots]

I hate greenies...a company wants to invest billions of dollars, and create thousands of jobs during an economic recession to tie an area full of natural resources to an area where there's refineries that can make something of said resources (keep in mind that new refineries are obscene amounts of money and the greenies won't let them build a new ones in the north anyways). The main reason there's jobs in the south is because we'll accept just about any industry that will provide good paying jobs while everywhere else is doing their best to run them off.

 

[Cowboy Cadillac]

The pipeline will go through next time around. TransCanada has spent billions and will spend more to make sure of it. The pipelines( and upgrades) here have created hundreds of jobs, they can't get enough people. IIRC its like $23hr to start, for several companies( contractors) here. And thats only in our local area. And through "trickle down" economics is created even more local jobs.

I'm amazed O didnt jump at the job creating opportunity, but make TransCan adapt their route to appease everybody.

 

[OldCracker29]

After reading this...http://finances.msn.com/saving-money-ideas/83aebab1-eade-4b40-b739-888ff88a2f9d
I think it's needed.

 

[CJ Hungus]

It's just a big political game.

 

[Darkanion]

IF I have understood how oil prices are determined correctly, even if the Canadian pipeline was built, the price of what would come out of it would be set by the oil futures market.. All OPEC would have to do to raise the prices is cut their production, to limit supply, which would still jack up the price of oil. Regardless of whether it's coming out of Canada or West Texas oil fields, the price would still be set by the oil futures market.