General Discussion

FreeJoe

(1,039 posts)

40. Of course they don't want to

Sat Mar 15, 2014, 10:54 PM

Mar 2014

They would love to sell at the highest price possible. Refiners want to buy at the lowest price possible. When they can't get their oil to a broad market cheaply, the local refiners and transporters get a better deal and the buyers that can't get access to the oil get a worse deal. With the pipeline, they will have access to more buyers and lower transportation costs. The new buyers will pay the tar sands producers more than they were getting, which is how they get higher prices, but the new buyers will be passing less than they were paging there other suppliers, which is how they also get lower prices. This is how markets allocate resources.

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If Democrats would just tell the fucking truth about the Keystone Oil Exporter.. [View all] livingwagenow Mar 2014 OP

Isn't the bigger fredamae Mar 2014 #1

The answer to your question used to be delivered in brown paper bags. Now it's called Tierra_y_Libertad Mar 2014 #4

MONEY. Rex Mar 2014 #10

huh? FreeJoe Mar 2014 #2

TransCanada says right in their 2009 Finnmccool Mar 2014 #5

Locally FreeJoe Mar 2014 #25

At least a .20 increase in the midwest Finnmccool Mar 2014 #28

Here it is in their own words Finnmccool Mar 2014 #30

And that will lower prices elsewhere FreeJoe Mar 2014 #32

No they don't want to build a pipeline Finnmccool Mar 2014 #34

Higher for them, lower for the buyers FreeJoe Mar 2014 #36

No they don't want to lower the prices somewhere else Finnmccool Mar 2014 #37

Of course they don't want to FreeJoe Mar 2014 #40

"passing less than they were paging" I don't have any idea what that means Finnmccool Mar 2014 #42

Sorry for the typo FreeJoe Mar 2014 #43

That wasn't an OP that was their testimony Finnmccool Mar 2014 #35

The only way the tarsands companies can make money off the bitumen arikara Mar 2014 #21

Sort of true, but not really FreeJoe Mar 2014 #26

Prices in the heartland will go up The Straight Story Mar 2014 #33

The pipeline from the Midwest to Texas is done FreeJoe Mar 2014 #38

This is the same thing that Professor Lakoff tries to do. Savannahmann Mar 2014 #3

Please explain how it will be exported Finnmccool Mar 2014 #6

The Oil Sands are in Alberta Canada. Savannahmann Mar 2014 #7

Canada has banned oil tankers Finnmccool Mar 2014 #8

Sorry ports not waters Finnmccool Mar 2014 #9

You may want to let the Canadians know that, because they don't seem to be aware of it. Savannahmann Mar 2014 #12

You mean this Kitimat? Finnmccool Mar 2014 #14

So it's informal, and no such ban exists Savannahmann Mar 2014 #15

If they have so many tankers coming why do we get all their oil? Finnmccool Mar 2014 #19

BTW could you post a link where a super tanker went to Ottawa Finnmccool Mar 2014 #20

Northern Gateway has to go over all the first nations arikara Mar 2014 #22

Us or China Calista241 Mar 2014 #16

Rail, most likely NickB79 Mar 2014 #17

I Have to take issue with one of your points A HERETIC I AM Mar 2014 #18

I thought I said. Savannahmann Mar 2014 #24

Keystone XL is being marketed to the US public with the rubric of "Energy Independence" Scootaloo Mar 2014 #27

Well, it would require giving up all that nice oil money to their campaigns. Cleita Mar 2014 #11

Maybe you haven't noticed, but telling the truth hasn't been in style since Rex Mar 2014 #13

The Keystone southern leg from Cushing, OK to Nederland, TX began transporting oil Jan 22, 2014. FarCenter Mar 2014 #23

the oil may not be for export but the refined product is another story elehhhhna Mar 2014 #29

We export more refined product than we import, but those flows are much smaller than crude flows FarCenter Mar 2014 #31

If The Democrats Told The Truth about The Pipeline Dirty Socialist Mar 2014 #39

The logical reasoning behind it raising fuel to $10/Gal would be helpful seveneyes Mar 2014 #41