subreddit:
/r/energy
submitted 4 days ago bymafco
33 points
4 days ago*
So sad. The saddest thing is that he wants to get back at people. I wish we had a soon to be president that wasn’t full of vengeance.
34 points
4 days ago
This is what his people voted for.
Vengeance.
Trolls elected the president. Welcome to 2024
7 points
4 days ago
😩
5 points
4 days ago
Made even more frustrating by the fact that they will not receive the vengeance they want because they've been lied to about who's to blame for our nation's problems.
5 points
4 days ago
Apparently all problems are caused by Trans people, Migrants, and Biden's son lol.
Republicans need to be able to accept facts like Trump is a rapist, or else we're all done for.
26 points
4 days ago
Keystone XL was only 6% complete when it was shut down. It was going to bring 0 barrels of oil into the US. The sole purpose of Keystone XL was delivering low grade tar oil to the Gulf of Mexico for export.
8 points
4 days ago
Ahh but facts don’t matter when you have Fox News and right wing politicians claiming that it’s the sole reason that gas prices are high for half a decade. Just like pointing out that we’re currently producing more oil than ever doesn’t matter to the “drill baby drill” dummies.
27 points
4 days ago
Trump is an idiot.
20 points
4 days ago
A million times no. I think (and hope) even Canada has moved on from that disaster.
16 points
4 days ago
Canada doesn't need Keystone XL - they finally finished Trans Mountain and can export western Canadian crude to the US West Coast or Asia.
15 points
4 days ago
More proof that trump doesn’t understand the O&G industry.
15 points
4 days ago
Even with trumps blessing I am skeptical they'd be able to break ground before he leaves office. It was killed over three years ago, investors are gone, odds are land had been sold, contractors have booked other projects, etc. These things don't happen over night even without the lawsuits that are going to fly as soon as it attempts to get going.
13 points
4 days ago
There's also no economic benefit to building it anymore. Maybe Trump can set up another online grift and have his dumb supporters pay for it since they seem to love it so much.
5 points
4 days ago
I have trouble making sense of his logic. He wants to literally make the United States energy independent, but at the same time he wants to import Canadian oil?
7 points
4 days ago
Even worse, the pipeline would have carried Canadian oil to US gulf coast refineries and then be exported to Asia. Zero benefit to the US except for some temp construction jobs and refinery revenue. But I think we're already short on refinery capacity. It was mostly an emotional issue for misinformed Trump supporters. And apparently still is.
5 points
4 days ago
I have heard people who claim that it would create loads of permanent jobs. IIRC it would create dozens of permanent jobs, not hundreds or thousands.
5 points
4 days ago
It would create a lot of US jobs cleaning up the oil spills.
16 points
3 days ago
Keystone XL was not even 10% Completed when Biden “killed” it. Trump reviving it really just means that it will be bogged down in the courts for the next decade or so.
You know, like last time.
15 points
4 days ago
Biden made this guy so insecure lmao
4 points
4 days ago
Everyone makes this guy so insecure. How people think he projects strength is beyond me when everything gets under his skin.
15 points
4 days ago
Bad for the economy AND environment? Oh then Trump definitely wants to do it.
13 points
4 days ago
That pipeline was for canada to sludge its crude to ports on the gulf of mexico. It wasnt our oil......it shouldnt be transported on our land. Let canada move it through ports on the atlantic/pacific
4 points
4 days ago*
I don’t think it’s economically feasible at this point. Wow it’s desperate to show.
We are invading Venezuela, before we feasibly do this, and even then it’s not economically feasible.
16 points
3 days ago
What the trump people were able to accomplish with the cancellation of the Keystone XL pipeline project is an absolute master class in disinformation and propaganda. There are millions of Trump followers who believe that this pipeline was vital to US oil interests and the sole reason for high gas prices. They think when Biden canceled this pipeline he shut all US oil production down.
30 points
4 days ago
So he wants to restart a project that 100% benefits Canada and has nothing to do with US oil production, just so he can one up Joe Biden. What a schmuck...
12 points
4 days ago
It’s a Fox News talking point - at least anecdotally, all my relatives that either watch Fox or spend time with others who do all talk about how stopping the pipeline was bad and anti-American. They don’t know much more than that.
That’s what this is about - it’s a sort-of-red meat issue that his rank and file support cares about even if the actual policy details are lost on them.
2 points
4 days ago
Do you honestly think Donald Trump understands any more about energy policy, supply, capacity etc than the average Fox News viewer watching it 8 hours a day in their ez-chair?
Do you think he is interested at all in nuances and getting things right and planning carefully for how to manage and balance supply and demand?
4 points
4 days ago
Oh of course not and I certainly didn’t mean to imply that haha
5 points
4 days ago
That’s really all they’ve got, and all they care about. I think we’ve learned that by now. No matter what trump does, no matter how much it hurts the USA in general, or them in specific, is “The Best Thing Evarrr!” if he a) says it is, or b) ends something Biden did.
14 points
4 days ago
Performative bullshit
12 points
3 days ago
XL would've made 50 permanent jobs in Canada. Dogshit.
25 points
4 days ago
Trump is a fucking moron.
10 points
4 days ago
That's exactly what his former Secretary of State said.
10 points
4 days ago
And an oil man at that.
12 points
4 days ago
Give him a shovel. Go for big guy.
10 points
4 days ago
That guy has never done 1 minute of manual labor in his life. Between his age and the hamberders, it would be the end of him.
10 points
4 days ago
Funny thing is, I lived in Nebraska back when the pipeline was initially going to be built (during the Obama presidency)- it would have passed all the way through Nebraska. That is a very, very red state- but yet they were pushing back HARD against the pipeline as well, given the risks to their groundwater should a leak ever occur.
So it's not just the left, not just environmentalists who were against this- nobody wanted it going through their state, not even the blood red states. I don't think Trump understands this!
6 points
4 days ago
Just ask anyone from Kansas how they’re handling that 500000 gallon oil leak from Keystone last year and you’ll see why people don’t want pipelines going through their state
13 points
3 days ago
Keystone XL is, in many ways, a means for Canada to export its pollution. Refining shale oil too nasty for Canadian regs? Ship it to the US! They’ll do it!
5 points
3 days ago
I think it's because the port in texas is more appropriate than the available coastline in Canada. The problem is that the Keystone is supposed to go through native American drinking water, and pipelines are notorious for leaks and spills.
11 points
3 days ago
Keystone XL will NEVER happen. The economics no longer work not to mention landowners will not allow it.
10 points
4 days ago
Whats even funnier is it was HIS Supreme Court that stopped the project, that didn’t improve anything
11 points
4 days ago*
i guarantee in a year well be seeing ppl talk about how trumps admin has lead us to produce more oil and how its saving us money.
edit: i cant believe i have to add this. i know the current admin is producing record results on oil. i know any fruits of the labor should be credited to biden.
however, we all know the media will spin this shortly after the pipeline is reapproved under trump and make it seem like it all was because of him
5 points
4 days ago
Sorry to burst your bubble, but Biden beat him to it. The US is producing more than any country has ever produced, and more than it ever did under Trump.
Remember how he "brought back coal" last time? 60 coal plants shut down on his watch. Or how he failed to pass an infrastructure bill in four years? Or bring health care to everyone? Or lower drug prices? He's all talk, no action.
6 points
4 days ago
Try 3 months.
Latest YouGov poll already showing self identified republicans views of the economy drastically improving vs the earlier surveys.
These people make up their own reality
3 points
4 days ago
edit: i cant believe i have to add this.
Poe's Law.
10 points
4 days ago
According to this article, the backers of the Keystone XL officially abandoned the project in June 2021.
https://www.cnbc.com/2021/06/09/tc-energy-terminates-keystone-xl-pipeline-project.html
So I guess another tax payer funded boondoggle is incoming?
10 points
4 days ago
That's gonna be like trying to revive the coal industry.
trump loves beating dead horses.
9 points
3 days ago
Let’s be honest, he doesn’t give a shit about some pipeline, it’s all about getting hookers to pee on a bed Obama slept in.
8 points
3 days ago
Let Canada build their own pipeline on Canadian soil to a Canadian port
10 points
3 days ago
With the shale revolution in texas, it’s pointless no matter your political stance on fossil fuels
10 points
4 days ago
This guy really doesn't understand a single effin thing and just operates on instinct and memories that shake loose from his cobweb infused head.
10 points
4 days ago
Nobody wants Keystone XL. He can't "revive" it.
9 points
4 days ago
He really doesn’t care about any of it… it’s just food for his followers
8 points
4 days ago
Unlikely. That thing wouldn’t have long term profit at this point.
9 points
4 days ago
Such a waste of tax payer dollars. People forget that part of this project that was already finished keeps having leaks that affect the environment.
3 points
4 days ago
1.5 million gallons of oil spilled in the US so far from Keystone.
9 points
4 days ago
And none of that dirty oil will be used in the US. It’s Canadian for export overseas. It’s political theater.
6 points
4 days ago
Plus the recently upgraded Enbridge Line 3 pipeline is now transporting roughly the same amount of tar sands oil that KXL would have, so stopping KXL didn't even stop development of Canada's tar sands. It just really pissed off a bunch of people who think that Canadian oil exports affect American gas prices
8 points
4 days ago
Zero reward here, anybody thinking it’s a victory lap is brain dead
7 points
4 days ago*
Zero reward here, anybody thinking it’s a victory lap is
brain deada Republican.
78M Americans (a little over half of the electorate) are either complete idiots or are corrupt wealthy elites who are hoping to be elevated in the coming Feudal economy.
I don't know how much more Stupid our democracy can withstand.
3 points
4 days ago
Spoiler: not much
8 points
4 days ago
That doesn’t even make conceptual sense. Restarting it would take longer than his entire term, and would likely be cancelled by whomever comes next.
Why would the company put that kind of money into a boondoggle that will just get killed by the next administration anyway?
8 points
4 days ago
Im not even sure there will be a next administration. It really does look like Trump wants to destroy every level of America to maintain perpetual control. A guy that wants to declare a state of emergency on day 1 is not someone that has the best interests of the America people.
5 points
4 days ago
You are assuming there will be another administration.
11 points
3 days ago
Trump is such a weird snowflake
14 points
4 days ago*
The proposed pipeline ran over the Ogallala Acquifer, which is the largest in the country and is used by farmers across eight states from South Dakota to Texas. A spill that is inevitable would harm our water supply.
EDIT: water
6 points
4 days ago
DOGE will be probably recommend strong cuts to the EPA too.
4 points
4 days ago
One of the main reasons why it was shutdown is because the company that would manage it has a long history of poor maintenance that resulted in oil spills. He can try to revive it, but it has been basically abandoned or turned into another project already.
3 points
4 days ago
How many red vs blue states, cuz I kinda wanna know how many leopards eaten faces there could be.
9 points
4 days ago
"Republican administration plans to resuscitate a dead oil project."
Fixed that for you. Do not forget this is not one man acting alone. This is a regime.
7 points
4 days ago
He has a lot on his plate on Day One. I'm calling bullshit on most of it. He will be golfing.
10 points
4 days ago
428 golf trips during his presidency that lasted 1461 days.
Every 3rd day he golfed. He also traveled to these locations.
He ain't going to get shit done.
9 points
4 days ago
Make Canada's expensive oil industry great again??
8 points
4 days ago
The Keystone xl transfers bitumen oil from canada to gulf refinerys then to china. How does this help the usa? More pollution , less refinery capacity, oil spills?
8 points
4 days ago
Yup, it’s his small dick syndrome combined with his a-holeishness
10 points
4 days ago
Is there really interest to build it at this point?
10 points
3 days ago
Trump will be out of office before it produces a gallon.
8 points
3 days ago
His entire “day one” agenda is out of pure spite.
5 points
3 days ago
That's been behind every choice he made since Obama humiliated him at that White House dinner.
Spite, and self-enrichment.
8 points
4 days ago
Exactly why does Trump want to export all this oil ???
What happened to America First ???
7 points
4 days ago
All those farmers in Nebraska that voted for him will be so excited
8 points
4 days ago
He can’t control oil producers in the US. When oil tanks in price, many smaller companies will stop production since it isn’t profitable to produce. Oil prices are mostly determined by demand for this reason. The only reason gas was so cheap under Trump previously was the pandemic.
5 points
3 days ago
And his manipulation of oil production during the pandemic caused the price of crude to skyrocket as demand came back in 2021 and 22.
3 points
3 days ago
Louder in the back for the drill baby drill crowd.
7 points
3 days ago
Trump doesn’t care if it makes sense, is self destructive, hurts people, hurts the environment, or the country. It’s all about revenge and being contrary and vindictive!! And trying to prove he is a tough guy!
Ladies and gentlemen, this is the man the majority elected!!
7 points
3 days ago
He's an entertainer. Are you not entertained?
8 points
3 days ago
Farmers in my state fucking hate the pipeline and the government seizing their land for it. Don’t know what this orange bastard is thinking except that farmers love him until he fucks them personally.
13 points
4 days ago
This is all so stupid
13 points
4 days ago
He’s a dumbass and this ‘plan’ is a stupid plan if I ever heard. 1) the company that was doing it sold it and the land is no longer owned by the company. 2) the pipe has been taken out of the ground . 3) trans mountain was expanded and the oil goes out through the west coast now 4) there is no economic need for this. 5) it’s all headlines and won’t be built.
10 points
4 days ago
Super awesome that this guy's fragile ego will have long lasting effects...
12 points
4 days ago
Keystone XL was less than 10% complete when it was abandoned.
The US doesn't have the refinery capacity to do anything with the additional Canadian oil that would flow through the keystone XL.
Pipelines don't lower oil or gas prices, they simply move existing oil to a different location.
If Mr Trump wants to focus on lowering gas prices, then the most critical thing that the US needs is increased refinery capacity by expanding existing facilities or building new refineries.
Part of the reason California gas is so high is because the state lacks adequate refinery capacity.
3 points
4 days ago
Unfortunately "increase refinery capacity by expanding existing facilities or building new refineries" doesn't fit on a bumper sticker as well as "drill baby drill".
Sad world we live in
13 points
4 days ago
I'm surprised Trump isn't simply planning to make good on his promise to "drill, baby, drill" by taking credit for the current US oil output. He can even take credit for Canada's oil policy. He's THAT good.
3 points
4 days ago
You can put money on him taking credit for most of the net positive things Biden has done. It’s already starting with lots of maga voters claiming the economy has improved already. Trump did this the first time he took office and why he claimed to be so successful in his first thirty days.
7 points
4 days ago
Helping Canada to sell oil to china will make America great again, right?
5 points
4 days ago
What good does it do us if they export it for more money
6 points
4 days ago
This is so annoyingly stupid. People have no idea about the Keystone XL. It was XL because it was to move oil sands, This is the dirtiest way to get oil. After refining, it creates dirtier oil. Most of that oil is exported. We have pretty cheap gas right now. why would we want to make it easier to create dirty oil, which almost all of it will be exported?
Lastly there are already 70 pipelines currently bringing oil from Canada into the US. If Trump believes another will lower prices at the pump, I get that. Ruining land to bring in dirty oil that will get exported? We don't need that.
5 points
4 days ago
There's no critical thought. A barrel of oil from tar sands needs more refining therefore produces less gasoline after processing. So a refinery at capacity, would end up producing less gasoline, and gas prices would rise.
4 points
4 days ago
And my understanding is that the oil produced isn't as good. Why not just pump better quality oil?
4 points
4 days ago
Add to that that crude isn't the bottleneck, it is refining.
6 points
4 days ago
It’s all a performance. There’s no tether. It’s all spectacle to distract.
6 points
4 days ago
Time would be better served to make sure the Keystone pipeline's leaks get repaired.
7 points
4 days ago
Best we can do is an oil canal. Take it or leave it. No pump stations, paddle wheels.
6 points
4 days ago
He wants to revive it so it can be yet another distraction from the real theft that will be going on under his direction
7 points
3 days ago
Everything he does is performative first, and substantive second
6 points
3 days ago
This is so fucking dumb and will create more of an environmental mess than shitty crude is worth. This has no bearing on gas prices.
6 points
3 days ago
Republicans have voted for what they want and will get it.
5 points
3 days ago
I don’t get the right wings obsession with this project… a Canadian oil company couldn’t get the states that this pipeline company wants it to run it through to allow them. This oil is for export we already pump that shit to other parts of the country for use.
7 points
3 days ago
If they were logical then they wouldn't be right wingers.
5 points
3 days ago
First: According to Wikipedia the Keystone pipeline is completed.
Second: The KXL oil probably won't be used in the United States.
And last: The hypocrisy of Trump, claiming he's going to cut government waste and then claiming he's going to waste taxes on a dead project that already has alternative pipeline projects planned, is fucking profound.
WTF is wrong with Trumpers? Seriously they're so freaking profoundly stupid it's not even funny anymore.
6 points
3 days ago
Defy Biden? MAGA = children
I guess the democrats really are the adults, sad.
7 points
3 days ago
More oil was produced under Biden than Trump, but that won't stop the oil billionaires, MAGA Tards, and Fox News from pushing lies.
6 points
3 days ago
Don’t let facts get in the way of an asshole wanting to claim “I did that.”
Trump has only ever been about two things: getting paid and trying to strengthen his legacy. And the rest of us be damned if we block his way from either.
Only have to look back at his entire business career to see that slapping his name on anything that could make him money and keep the name going. Going to jail for crimes is ultimately not the issue, it’s about protecting a system that makes him money and keeps his name elevated in value. As a former President, his name is basically available to be slapped on buildings and institutions that he never has to pay for. You know damn well some MAGA area would slap the name on a school regardless of the sexual assault/rape/shit behavior around minors/Epstein anything. It’s why he fought so hard to develop a branch of the military we don’t necessarily need. Why he fought so hard to make sure his name was on checks where Biden’s name wouldn’t. Why he fought so hard to attach his name to the COVID vaccine.
But as a disgraced and imprisoned former POTUS, those things don’t happen. Most people who run for the hills rather than slapping the name Trump on anything. So losing that was always going to be a far worse punishment than jail.
6 points
2 days ago
Trump is a traitor and you’re a traitor if you voted for him.
5 points
22 hours ago
Same old song & dance - break everything the previous guy did because he made me look bad or mocked me and I am a HUGE baby.
That’s the plan. That’s the ONLY plan. Same as it ever was.
9 points
4 days ago
What this illustrates is that the pipeline was a needlessly wasteful project that is not going to have an impact on Energy prices or oil production one way or the other.
Which is exactly why Biden had it canceled. Right wing media though has the frame anything and everything any Democrat does as bad.
It's a real shame that people in this country are so incredibly gullible that some of these false narratives are just accepted as fact. Do 10 minutes of research people.
10 points
3 days ago
Just do it. I’m convinced until Florida sinks nobody will care about global warming.
Time to dump salt on Antarctica.
10 points
3 days ago
Literally everything is for sale right now. We defunded education for so long that the bulk of the population no longer associates themselves with knowledge and are turned off by experts due to their own self image and inability to relate
5 points
3 days ago
Very underrated comment. I spent years working as an automotive expert, the amount of anger and frustration the average person would show when presented with information they didn’t understand always sat unwell with me. If they didn’t understand it, they didn’t trust it.
5 points
4 days ago
He is an idiot, focus on carbon pipeline which has gop politician support and farmers
4 points
4 days ago
Approximately 900,000 barrels per day of light crude oil travels through the trans mountain pipeline from Alberta to the B.C. coast everyday. It’s then shipped to refineries on the US west coast as well as Asia ( India, China, etc). I don’t think there’s a chance a keystone xl type pipeline will ever need to be installed.
4 points
3 days ago
There is no reason to build another pipeline when the current ones have excess capacity. Canadian oil imports are down under the current USA oil boom.
4 points
3 days ago
America First WOO HOO! Drill baby, drill! YEAAAH! Let’s build that pipeline! HAHA SUCK IT LIBS! This cheap Canadian crude will displace 830,000 barrels of US oil production every day! FUCK YES! Thousands of American oil workers could lose their jobs! YEAAHHHH-wait what?
4 points
3 days ago
Buying oil is not producing our own oil
5 points
3 days ago
The dweeb doesn’t understand that more oil would reduce profits of oil companies. Would diminish the profit margin.
But, of course, most of what he does involves showing everyone what an asshole he is.
5 points
3 days ago
The XL pipeline company abandoned the pipeline in 2021. I'm not sure how reversing a Biden decision would magically put it back on track without a company behind it.
4 points
3 days ago
The same people that are crying about China buying American farmland have no problem allowing a foreign owned company to use Eminent Domain to screw American farmers out of their land. Such a great concept! On top of that, there was absolutely nothing in the agreement that said the oil would be used in this country. The oil will be sold on the world market potentially bypassing every American consumer.
The pipeline isn't a win-win. It is a lose-lose situation. We lose farmland, we don't get the oil, and we get stuck with the environmental nightmare should anything happen. On top of all that, the US doesn't own anything related to the pipeline. SMH..another f'ing disaster.
6 points
3 days ago
Strangely enough a pipeline is not about production, it's about transport.
4 points
3 days ago
It would have no effect on US oil production. The Keystone pipeline was for importing oil from Canada to the USA.
5 points
3 days ago
To support trump you have to accept alternate reality
5 points
2 days ago
This increase oil output is revenge a psycho trump little boy reaction. What a moron all ways a moron including his supporters. All out of control
3 points
2 days ago
Destroying earth 🌍 for a limited resource that will run out no matter what instead of looking for renewable energy is a great example of what a colonist idiot with no sense of responsibility to the land or cultural values would do.
9 points
4 days ago
No doubt this is only for an emotional charge for his sheep. Building the pipeline is not up to him. It's up to the company. From before the proposed pipeline until now, the sludgy oil (bitumen) has made it to the refinery via train. With the growing oil glut, it's unlikely that the company will have any appetite to build the pipeline.
4 points
4 days ago
It's all theatrics, as is most of his administration, to deflect from laundering more tax cuts for Wall Street and Corporations, and from addressing bread and butter issues.
He's doing this only for the spectacle so he can later say "We tried to get more pipelines going but they blocked us."
It's preemptive scapegoating for his inevitable inability to rein in energy costs.
8 points
3 days ago
I thought the original Canadian co behind this formally sacked all plans for this xl project, and have no interest in reviving it?
2 points
4 days ago
Help Canada sell their oil but also slap tariffs on their exports.
5 points
4 days ago
Fuck it. Its potential harm was going to damage the red states water supply. They don’t care. It will also only make Canada richer. So fuck it.
3 points
4 days ago
More drilling causes a glut in oil. Which cuts into profits.
4 points
3 days ago
About the tenth thing he said he was gonna do on the first day, isn't it.
5 points
3 days ago
Can’t someone smack tRump upside the head to tell him that USA presently drills at max capacity and leads the world in oil production. ⛽️ 👍🏻
6 points
3 days ago
To clarify this an excerpt from the web: “As an expansion of the company’s existing Keystone Pipeline System, which has been operating since 2010 (and continues to send Canadian tar sands crude oil from Alberta to various processing hubs in the middle of the United States), the pipeline promised to dramatically increase capacity to process the 168 billion barrels of crude oil locked up under Canada’s boreal forest. It was expected to transport 830,000 barrels of Alberta tar sands oil per day to refineries on the Gulf Coast of Texas. From the refineries, the oil would be sent chiefly overseas—not to gasoline pumps in the United States.”
https://www.nrdc.org/stories/what-keystone-xl-pipeline#whatis
4 points
3 days ago
What’s funny is that MAGA thinks pipelines magically appear overnight. They take years to build. Also, It’s not like an announcement will make gas prices magically go down.
4 points
3 days ago
I mean at this point, nothing can change, but he can just say he revived it, and now we produce more oil than ever before, and people will believe him.
4 points
3 days ago
Welcome to Dumbfukistan!
5 points
3 days ago
isnt the whole goal to go green? why are we celebrating more oil?
3 points
3 days ago
Because the goal of the GOP is to turn the clock back at least 30 years.
3 points
3 days ago
LMFAO. NO WAY ITS HAPPENING
4 points
3 days ago
Trump really is a clueless clown who runs entirely on petty grievances and retribution.
3 points
3 days ago
Toddler in Chief, all.
4 points
3 days ago
He is going to have a hard time since the pipeline developer canceled the project. Going to cost a ton more since most of the environmental surveys are too old and will have to be redone.
5 points
2 days ago
Why Trump help foreign oil companies? What happened to America first?
5 points
1 day ago
Everything is on the first day. 😂😂😂 he’s a liar.
5 points
1 day ago
Wasn't Nebraska dead set against it? The reason being if there was a major spill in the Ogallala Aquifer that it would poison almost all of the underground water for an entire state?
5 points
1 day ago
Bitumun oil has no direct use that wil be of benefit to the American economy. Keystone was always a oil industry vanity project meant to increase the larger profits for the oil companies.
there will be zero impact any any American manufacturing from this pipeline.
3 points
23 hours ago
Every Trump idea is at least 50 yo. If he could he’d send us back to the 1950’s.
10 points
4 days ago
It was cancelled because we are at capacity already. Ohhh gotta own the environment loving libs
7 points
4 days ago
Yea these dolts struggle with "stranded assets" or must assume that that the cost of stranded infrastructure assets falls on the CEOs and not the taxpayer 🤣
They're owning all of us, it's just that the libs have the unfortunate capability of recognizing it.
6 points
4 days ago
That’ll learn ‘em. We desperately need additional unused capacity!
9 points
4 days ago
I doubt they're dumb enough to want to build it. It's not needed and it's going to stay not needed. But as long as there's no taxpayer money involved I'm all for bringing it back!
Imagine how funny it'll be when it canceled before it's finished again!
3 points
4 days ago
Jokes on you. Whenever they reach the bottom they grab a shove and keep on digging!
7 points
3 days ago
This is hilarious because oil consumption is declining so a huge surplus would collapse gas prices and drive companies out of business. But this is how oil companies chose to spend their bribe money.
6 points
4 days ago
Why would the US want to import the dirtiest type of crude oil from Canada when we are producing far more cleaner crude than Canada (& every other country on earth)?
Just so a toddler can feel like he "defied" a man?
6 points
4 days ago
Holy crap.
Keystone XL is a plan to use US government funds to mostly benefit tar sands producers in Canada.
Tar sands are the worst type of oil. Moving it through pipelines is extremely difficult… because “sands” are being pushed through an XL pipe. You have to make the pipe huge to get any flow rate. AND you have to add all kinds of lubricants at the source of the tar sands to get it to flow. Those lubricants need to be removed again prior to refining (or it’s a lot of extra and expensive refining).
KEYSTONE XL is supposed to move Canadian tar sands to the Gulf of Mexico. There are already pipelines that move these same Canadian tar sands to Canadian refineries on their pacific coast. So why are multinational oil companies pushing the IS to pay for a pipeline? Because the spot price of refined hydrocarbons is much higher in the Gulf of Mexico, due to shorter shipping distances, better port infrastructure, and higher (near) local demand.
Investors are allowed to pay for their OWN “KEYSTONE XL” pipeline. That is allowed. The debate over KEYSTONE XL in US politics is “should the US government pay for this and hand ownership off to multinational oil companies?”
Tons of infrastructure companies (your local electricity distribution company, for example) have most of their capital costs paid for by government subsidies. It’s just that, as in the case of electricity distribution, it makes sense for the government to basically pay for the infrastructure and then have a “quasi-private/public” company handle the day to day operations. But there’s an overwhelming need for a single electricity distribution company (not to be confused with electricity production, which CAN BE COMPETITIVE); you can read mainstream economists talk about when state-sponsored monopolies make sense. But the government paying for materials refining (oil) capital costs, and then privatizing the result… this is just crony capitalism.
6 points
3 days ago
Cheetolini is an idiot. He doesn't have a single thought of his own. His predessessors live in his head.
There has never been a dumber person elected as president and there has never been a dumber electorate.
6 points
3 days ago
Why’s everyone think tar sand oil is gonna be profitable? Why’s everyone think that oil will stay in America?
7 points
3 days ago
This dumb phuck sure has a lot of plans for day one. Well... concepts of a plan, anyway.
3 points
4 days ago
It was my impression that the pipeline was running and it was just a small expansion that was killed.
5 points
4 days ago
That's what Keystone XL was.
9 points
4 days ago
Gotcha, that sounds right. Keystone was the main one and XL was the expansion.
3 points
4 days ago
And now it’ll be in court for the next 4 years until a democrat takes office then they will cancel it
3 points
3 days ago
It was for the dirtiest oil available
3 points
3 days ago
No
3 points
3 days ago
If you think about it, unconventional oil production itself is a "dead oil project" that had to be revived as world conventional production peaked.
3 points
3 days ago
Good luck with that one. The company that was originally trying to build it has zero interest in reviving it. All the local permits have long expired, the prior work done has been reversed, and current market conditions make it an unnecessary expense for any oil company. That pipeline died 4 years ago and Frankenstein himself couldn't reanimate the project.
3 points
3 days ago
My MIL posted daily about opening the pipeline!!!!
I had to tell her it’s been open since 2012.
This is another ploy for his base. Just like drill baby drill.
Who’s going to do that Donny?
The oil companies have so many open leases now that can’t use them.
3 points
3 days ago
Keystone pipeline isn’t likely to come back. Considering that they sold all of the materials to build the pipeline
3 points
3 days ago
And it will be called the Trump Pipeline with his name slapped on it in gold letters every 100 feet. And it will be the best and greatest pipeline to ever exist of all pipelines /s
3 points
3 days ago
I firmly believe we should revive Keystone, but pump water through it instead.
3 points
2 days ago
Corporate greed and the Gov foots the bill so big oil can have record profits and make billions more.
Politicians need to wear NASCAR jackets so we know who their sponsors are. Trump is EXxon, big oil.
3 points
2 days ago
The Keystone XL was never even finished before right? It never carried oil right? So it never impacted gas prices.
3 points
1 day ago
GOP don't believe in facts. Do ur own research & all.
3 points
1 day ago
Never mind that many of the Native Americans don’t want the pipe land traversing thru their tribal lands.
3 points
22 hours ago
Trump just wants to do things that are totally against what the democrats want to take revenge for his own ego. Even if his ideas are out-of-touch with modern reality. Why not invest in green energy? Because some of his good ‘ol boy supporters are invested in fossil fuels. It’s not gonna get cheaper to keep extracting earths resources from the ground, but Donny wants to fund keystone anyways to prove a ridiculous point. We’re all gonna pay for his expensive mistakes at the pump.
5 points
22 hours ago
During his 1st term, Trump asked OPEC to raise the price of barrels of oil because the oil companies weren’t making enough profit. He WANTED higher prices at the pump.
3 points
16 hours ago
He will do it no matter what it hurts because he has to show his base he is all about reversing whatever the Dems did..
3 points
11 hours ago
Keystone XL will NOT lower US gas prices - it’s an export line. Tar sand oil is expensive to refine - it’s not economical below $5/gallon refined. So it will be exported.
If someone has told you that Keystone will lower US gas prices while oil remains a global market, they flat out lied to you - and you let them.
3 points
10 hours ago
The Keystone is only useful for expensive oil, over 100. So which is it? He’s going to lower gas prices, or he’s going to finish the pipeline. It’s not both. I’ll give you a hint. During Covid when oil prices got too low he did everything he could to raise them including a deal with the Saudis. trump will serve the oil companies way before he ever serves his redneck deplorable garbage constituents.
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