wouldn't you think somewhere deep in his billions Warren would want America to prosper?
any expert will tell us that pipelines are safer and more efficient than rail.
but keystone has been a symbol. people on the left want to kill keystone, as if it represents an increase in fossil fuel use (and pollution, and global warming). of course anyone with a brain knows the oil gets to market even without the pipeline.
biden is just playing up to the folks on the left. he is a politician. he knows that killing the pipeline will not stop the use of oil or NG, but it will appease some of his voters on the left.
in this case, buffet knows how to make money by playing into the lefts agenda. the oil will move by train, and buffet will make money by moving that oil.
Virtue signaling at the expense of Americans and Canadians.............and the relationship between the countries.
I found a new source from a mcfarm post earlier that is obviously far right but I post articles from across the entire spectrum, including, intentionally posting ones that disagree with me......which is not the case here.
In Biden’s first day in office, he executed 17 executive orders mainly reversing some significant accomplishments achieved during the Trump administration. Included in those executive orders was a directive to revoke the permits allowing for the completion of the Keystone XL pipeline.
The project, an impressive 1,700 mile pipeline, would have transported roughly 800,000 barrels of crude oil per day from Alberta, Canada, to the Texas Gulf Coast. The pipeline had permits to pass through Montana, South Dakota, Nebraska, Kansas and Oklahoma, with each state’s government approval and support.
The pipeline project, both in Canada and the United States, represented tens of thousands of jobs, both on the pipeline and in the support communities those construction jobs would require.
While the liberal Canadian Prime Minister, Justin Trudeau, struck a conciliatory tone, the same cannot be said for the Premier of Canada’s Alberta Province.
Jason Kenney, the premier of oil-rich Alberta, said Mr. Biden’s termination of the projects permits was an “insult.” He went on to suggest that the Canadian government should impose trade sanctions on the United States if the decision is not reversed.
“It is an insult directed at the United States most important ally and trading partner on day one of a new administration,” Kenney said. “The leader of our closest ally retroactively vetoed approval for a pipeline that exists and which is co-owned by the Canadian government, directly attacking, by far, the largest part of the Canada US trade relationship, which is our energy industry and exports.”
On the other side of the border, the president of the US Chamber of Commerce’s Global Energy Institute, Marty Durbin, said the President’s decision is not grounded in science. He added that the move to scuttle the pipeline will put thousands of Americans out of work.
“The pipeline – the most studied infrastructure project in American history – is already under construction and has cleared countless legal and environmental hurdles,” Durbin said in a statement. “Halting construction will also impede the safe and efficient transport of oil, and unfairly single out production from one of our closest and most important allies.”
Biden is scheduled to have a phone conversation with Canada’s Prime Minister on Friday. Among the topics will be the status of the Keystone X pipeline.
Yes Biden good for foreign relationships!
so,... why have some sources stated that keystone transports crude, and other sources call it a pipeline for NG?
if you men the msm's it hard telling Bear. The Keystone XL carries crude form Canada to the US. I guess they could be inferring that whatever affects crude affect natural gas market
Not sure where the ng came from bear but its "dirty" tar sand crude oil, which is especially objectionable by the opponents.........more on that in a minute.
https://en.wikipedia.org/wiki/Keystone_Pipeline
| General information | |
|---|---|
| Location | |
| Keystone Pipeline System (partly operational and proposed) | |
 Keystone Pipeline Route | |
| Country | Canada United States |
| Type | Crude oil |
| Owner | TC Energy |
| Website | keystone-xl.com |
The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC Energy and as of 31 March 2020 the Government of Alberta.[8][9][10][11] It runs from the Western Canadian Sedimentary Basin in Alberta to refineries in Illinois and Texas, and also to oil tank farms and an oil pipeline distribution center in Cushing, Oklahoma.[12][13]
TransCanada Keystone Pipeline GP Ltd,[14] abbreviated here as Keystone, operates four phases of the project. In 2013, the first two phases had the capacity to deliver up to 590,000 barrels (94,000 m3) per day of oil into the Midwest refineries.[15] Phase III has capacity to deliver up to 700,000 barrels (110,000 m3) per day to the Texas refineries.[16] By comparison, production of petroleum in the United States averaged 9.4 million barrels (1.5 million cubic meters) per day in first-half 2015, with gross exports of 500,000 barrels (79,000 m3) per day through July 2015.[17]
The proposed Phase IV, Keystone XL (sometimes abbreviated KXL, with XL standing for "export limited"[18]) Pipeline, would connect the Phase I-pipeline terminals in Hardisty, Alberta, and Steele City, Nebraska, by a shorter route and a larger-diameter pipe.[19] It would run through Baker, Montana, where American-produced light crude oil from the Williston Basin (Bakken formation) of Montana and North Dakota would be added[12] to the Keystone's throughput of synthetic crude oil (syncrude) and diluted bitumen (dilbit) from the oil sands of Canada. The pipeline became well known when Phase IV KXL attracted opposition from environmentalists, becoming a symbol of the battle over climate change and fossil fuels. In 2015 KXL was temporarily delayed by President Barack Obama. On January 24, 2017, President Donald Trump took action intended to permit the pipeline's completion. On January 20, 2021, President Joe Biden signed an executive order[20] to revoke the permit[21] that was granted to TC Energy Corporation for the Keystone XL Pipeline (Phase 4).
https://www.plainsmanmfg.com/blog/four-main-types-crude-oil/
As we have now established, ‘Crude Oil’ is a term used to describe many different types of raw oil extracted from the ground. Within the industry, we categorize these different types into four main categories based on three factors: their viscosity, volatility, and toxicity.
Viscosity refers to the oils ability to flow. Higher viscosity oils do not flow as easily and therefore take more energy and effort to pump from the ground.
Volatility describes how quickly and easily the oil evaporates into the air. Higher volatility oils need additional processes to control their environments during extraction to ensure that as little oil as possible is lost.
Toxicity refers to how poisonous and harmful the oil is to the environment, wildlife, and humans during the extraction and refinement process. When oil spills do occasionally occur, each oil poses different challenges and priorities during the cleanup.
With that said, the four main types of Crude Oil are:
How a single pipeline project became the epicenter of an enormous environmental, public health, and civil rights battle.
https://www.nrdc.org/stories/what-keystone-pipeline
Beneath the wilds of northern Alberta’s boreal forest is a sludgy, sticky deposit called tar sands. These sands contain bitumen, a gooey type of petroleum that can be converted into fuel. It’s no small feat extracting oil from tar sands, and doing so comes with steep environmental and economic costs. Nevertheless, in the mid-2000s, with gas prices on the rise, oil companies ramped up production and sought additional ways to move their product from Canada’s remote tar sands fields to midwestern and Gulf Coast refineries.
The tar sands industry is just as hard on the cradle of its business. Its mines are a blight on Canada’s boreal, where operations dig up and flatten forests to access the oil below, destroying wildlife habitat and one of the world’s largest carbon sinks. They deplete and pollute freshwater resources, create massive ponds of toxic waste, and threaten the health and livelihood of the First Nations people who live near them. Refining the sticky black gunk produces piles of petroleum coke, a hazardous, coal-like by-product. What’s more, the whole process of getting the oil out and making it usable creates three to four times the carbon pollution of conventional crude extraction and processing. “This isn’t your grandfather’s typical oil,” says Anthony Swift, director of NRDC’s Canada project. “It’s nasty stuff.”
metmike: My description of the above would be a bit different, even though I'm an environmentalist and with some of the later stuff............alot different.
For instance, they state: "Leading climate scientist and former NASA researcher James Hansen has warned that fully exploiting Canada’s tar sands reserves would mean “game over” for our climate."
Fact is, that fully exploiting Canada's tar sands will mean almost nothing/ZERO for the climate. Extreme statements like that about the coming apocalypse, while planet earth massively greens up from atmospheric fertilization by beneficial CO2 and has experienced the best weather/climate in the last 1,000 years for life................the last time that it was this warm is what I object strongly to.
Let's fight all the real pollution together, some coming from coal but be honest at the same time.