Ed,
The Keystone pipeline has been in operation continuously since
2010. I think you're actually referring to the Keystone XL, which
wasn't scheduled to be completed until 2030. It has absolutely no
bearing on what is happening right now. The USA is still a net
exporter of oil
Aloha,
Celeste
On 3/20/2022 7:32 AM, Ed Lomas wrote:
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830,000 barrels per day is a lot. ?Venezuela only produces about
900,000, and it's a major exporter.
We're talking exports, not usage. ?
If you're saying that part of Keystone will be shut down when the
additional capacity comes online, so the increase is only
280K/bbl/day, they'll probably keep both going as needed until the
Russia shortfall is resolved. ?Every pipeline, like every mine, is
opposed by environmentalists these days, just like every day of
bad weather is blamed on climate change. ?If the world didn't need
the oil, there wouldn't be any profit in building the pipeline.
Rhonda
wrote:
Ed had said ¡°Biden should never have halted its
construction.? Look at the international mess that his one
stupid and unnecessary decision has immediately affected
hundreds of millions of middle class people in about 20
countries.¡±
I
think this is quite hyperbolic. 280,000 barrels/day is
miniscule in the grand scheme of oil, and by no means would
solve the energy problems of hundreds of millions of people.?
