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In reply to the discussion: Mitt Romney wants to lay an oil pipeline over this water supply... [View all]badtoworse
(5,957 posts)39. The biggest problem is the lack of a time clock.
Nimbys know that projects can be stopped if they're tied up in court long enough. The developer runs out of money or the project economics deteriorate to the point where it's unviable. The Cape Wind Project was held up for 10 years with that tactic. Most projects would not have survived that long regardless of their merits. There should be limit on the amount of time available to block projects in the courts.
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So instead of current jobs at refineries in the midwest the jobs get transferred to Houston
rufus dog
May 2012
#11
No, the oil WILL go on the world market. Just like our Gulf oil does, Alaskan oil does....
rustydog
May 2012
#55
Some group or NIMBY will have a problem with it. Yes well, I would rather have a few delays
yellowcanine
May 2012
#4
I'll bet you're one of the ones screaming when the lights go out because of inadequate reserves
badtoworse
May 2012
#6
Ok don't assume. You don't have a clue what I complain about. Even if I did complain the way you
yellowcanine
May 2012
#13
Some practices are very damaging to the environment, some only involve manageable risk
badtoworse
May 2012
#16
Ok, you made a crack about Nimbyism. I pointed out that Nimbyism isn't all bad - that it can stop
yellowcanine
May 2012
#21
That's better. IMO a good project will easily be able to stand up in the face of arguments only
yellowcanine
May 2012
#27
It is in mine. We had a case just about a month ago where the developers actually
yellowcanine
May 2012
#52
Well there have been some pretty big boondoggles so I am not so sanguine as you.
yellowcanine
May 2012
#54
Well gee you just said banks won't finance projects until all of the bases are covered.
yellowcanine
May 2012
#59
And if the cost overruns enough the equity is tied up in an uncompleted project.
yellowcanine
May 2012
#61
I follow developments in the natural gas and electric power businesses for a living
badtoworse
May 2012
#20
Yes, but I also believe that some of the design decisions that have been made were flawed.
badtoworse
May 2012
#48
Interesting, this is the first I've heard of a lender taking this position on a natural gas well.
badtoworse
May 2012
#28
Infrastructure does not equal fracking chemicals. It's not the same at all...
blue neen
May 2012
#40
I think it's a bad idea, some places should be off limits to oil drilling and pipelines
Uncle Joe
May 2012
#5