Keystone Pipeline – We have just been Grubbered

Why they are making the pipeline issue about jobs I have no idea.  It should be framed around the best ways to improve safety.  The oil is going to get there one way or the other. The environmental side is once again misguided. The rail vs pipeline impact weighs to using the pipeline. Add to this the impact on the lack of Rail capacity that is impacting farmers, timber and other commodities and once more we are being “Grubered”. Congrats go out to the Rockefellers, Bill Gates, and Warren Buffet as well, who stand to make Millions if not more by supporting Rail as opposed to the pipeline.

Why Do These Train Cars Carrying Oil Keep Blowing Up?

Early on the morning of July 6, 2013, a runaway freight train derailed in Lac-Mégantic, Quebec, setting off a series of massive explosions and inundating the town in flaming oil. The inferno destroyed the downtown area; 47 people died.

The 72-car train had been carrying nearly 2 million gallons of crude oil from North Dakota’s Bakken fields. While the recent surge in domestic oil production has raised concerns about fracking, less attention has been paid to the billions of gallons of petroleum crisscrossing the country in “virtual pipelines” running through neighbor­hoods and alongside waterways.
Chicago tonight

H/T: Mother Jones

The vote has election year resonance in the Louisiana Senate race, but for our purposes the pertinent question is: if the pipeline is built, what effect would it have on rail congestion in the northern Plains and Midwest?

Much of that congestion now is due to railroads shipping Bakken crude to terminals on the West Coast and East Coast.

He said, “Once Keystone is built, that will go in pipeline instead of having to run 14 100-car unit trains a day. So you can see it will help reduce congestion on the rails. … We need it so we can move other goods.”

Another Keystone XL supporter, Sen. John Thune, R-S.D., said in a Senate speech last week, “We have a rail crisis. We have been battling now for a long time with the limited capacity in rail and much of the oil moving out is going on rail. That makes it harder for us to get our agricultural commodities to the marketplace….”

He said the building of the Keystone XL would allow about 100,000 barrels a day of Bakken crude to move by pipeline “and therefore not on the rail car. That saves about a unit train a day, which is significant.”
Blogs Roll Call

Side note on Canadian National Railroad (CN) – Bill Gates is their biggest investor.

Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit.
With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department. (Chuckle time)!

“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-basedBerkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.” From: Bloomberg

The keystone pipeline is actually just one of several oil sands pipelines targeted by the Rockefeller Brother’s Fund. Ezra Levant calls it industrial sabotage and, based on their own Power Point, that certainly seems an apt description. H/T: Heritage  From Rockefeller Fund sabotages Keystone pipeline approval. The Rockefeller Brother’s Fund in a coordinated, 4-year, $28 million dollar campaign was on the march to defeat it.

US billionaire Warren Buffett has appeared singing and playing the ukulele on Chinese state television. The billionaire popped up on CCTV and wished the people of China “a happy new year.” The Lunar New Year of the Dragon begins at midnight on Sunday. “Your country has accomplished amazing things, and the best is yet to come,” Buffett told the broadcaster. The investor is well respected in China for his financial success

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Energy nominee Moniz ‘We need carbon tax to triple the cost’

How is this for another wacko nominee? Every new appointee more radical than the last. Ernest Moniz. A name we would rather forget. Let’s see what the Senate does with this one.

Moniz position is not far from that of Energy Secretary Steven Chu before he took a job in the Obama administration. “We have to figure out how to boost the price of gasoline to the levels in Europe,” Chu said in 2008. Last year, gas hit $9 a gallon in Greece. Great, $12.00 a gallon sounds like a real economy booster.

Obama’s Energy Secretary Nominee Called For Doubling Or Tripling Energy Costs With Carbon Tax To Push U.S. Towards Green Energy…

Via Beltway Confidential:

President Obama’s Energy secretary nominee regards a carbon tax as one of the simplest ways to move the energy industry towards clean technologies, though he notes that government would have to come up with a plan to mitigate the burden this tax places on poor people, who would pay the most.

“Ultimately, it has to be cheaper to capture and store it than to release it and pay a price,” MIT professor and Energy nominee Ernest Moniz told the Switch Energy Project in an interview last year. “If we start really squeezing down on carbon dioxide over the next few decades, well, that could double; it could eventually triple. I think inevitably if we squeeze down on carbon, we squeeze up on the cost, it brings along with it a push toward efficiency; it brings along with it a push towards clean technologies in a conventional pollution sense; it brings along with it a push towards security. Because after all, the security issues revolve around carbon bearing fuels.”

Keep reading…

DOE delays decision on natural-gas export license

Since we have not yet gotten the message that Obama could care less about the price of gas for our cars, well actually he does. he has told us he wants it to rise. If that is not enough, this is fair warning that Natural Gas is next in line. Of course, he will wait until after the election. What ever regs are approved, be sure that they will be so expensive that the cost will be prohibitive. It is exactly what he has done to coal. So for those who are heating their homes by Nat Gas, be forwarned. For those who are employed in this business, look out.

Here is a bit of a refresher first:

“Not even Harry Potter” can bring down rising gas prices and nobody knows when they will stop rising, Interior Secretary Ken Salazar said Tuesday.

“No one has the ability – not even Harry Potter – to simply wave a magic wand and say that we’re going to have gas prices at $2 or $2.50 or $3. It just doesn’t work that way,” said Salazar, whose department controls oil and gas drilling on federal lands.

“Where it will all end, no-one knows,” he said, then reiterated the view that Obama’s “all-of-the-above” policy would protect Americans from the volatilities of the global market. More at CNS News

The one natural gas company that did get conditional approval Cheniere Energy, we can be sure it is one of Obama’s cronies. Maybe someone could check it out? How much did they contribute to Obama’s campaign? Here we go:

The Obama administration punted a decision on whether to prevent a liquefied natural gas (LNG) export license, saying it needs more time to review a complaint that an environmental assessment for the plan did not go far enough.

The Department of Energy (DOE) said it needs to review a complaint regarding a conditional permit granted to Cheniere Energy. That permit would let the firm export LNG to countries without free-trade agreements from its Sabine Pass terminal in Louisiana.

So far, it is the only project out of 15 to receive DOE approval to export LNG to such countries.

The Sierra Club had asked DOE for a stay in the approval of the Sabine Pass permit, arguing the Federal Energy Regulatory Commission (FERC) used too lax an environmental assessment in evaluating the export proposal.

The Oct. 5 ruling, which DOE released recently, says DOE needs more time Sierra Club’s complaint to decide whether it should grant a rehearing, a DOE official told The Hill on Tuesday. The official noted DOE has not issued a stay on the permit.

Still, the delay will likely do little to calm Republicans and some Democrats who say the administration is not serious about exporting LNG and that its regulations hinder the process.

H/T: The Hill

Obama Cuts Off Drilling in Half of Alaska’s National Petroleum Reserve

Why we are just hearing about this now, is unbelievable. Why the GOP is not out there beating on this is unbelievable as well. Obama’s intentions are clear. He wanted energy prices to skyrocket, he said so. He wanted to end Coal, and he is doing it.  He has plans in place after the election to shut down much of the fracking for natural gas as he can via the EPA. Laying in wait, Salazar has plans to lease Federal Lands to “green” companies to remove any chance of future drilling for gas, coal or oil. What is it the American People are not getting? Here we go:

Gateway Pundit:

Gas prices have more than doubled since Barack Obama took over the White House.
But that didn’t stop him from cutting off drilling in August in half of Alaska’s National Petroleum Reserve.

The Wall Street Journal reported, via FOX Nation:

President Obama is campaigning as a champion of the oil and gas boom he’s had nothing to do with, and even as his regulators try to stifle it. The latest example is the Interior Department’s little-noticed August decision to close off from drilling nearly half of the 23.5 million acre National Petroleum Reserve in Alaska.

The area is called the National Petroleum Reserve because in 1976 Congress designated it as a strategic oil and natural gas stockpile to meet the “energy needs of the nation.” Alaska favors exploration in nearly the entire reserve. The feds had been reviewing four potential development plans, and the state of Alaska had strongly objected to the most restrictive of the four. Sure enough, that was the plan Interior chose.

Interior Secretary Ken Salazar says his plan “will help the industry bring energy safely to market from this remote location, while also protecting wildlife and subsistence rights of Alaska Natives.” He added that the proposal will expand “safe and responsible oil and gas development, and builds on our efforts to help companies develop the infrastructure that’s needed to bring supplies online.”

The problem is almost no one in the energy industry and few in Alaska agree with him. In an August 22 letter to Mr. Salazar, the entire Alaska delegation in Congress—Senators Mark Begich and Lisa Murkowski and Representative Don Young—call it “the largest wholesale land withdrawal and blocking of access to an energy resource by the federal government in decades.” This decision, they add, “will cause serious harm to the economy and energy security of the United States, as well as to the state of Alaska.” Mr. Begich is a Democrat.

The letter also says the ruling “will significantly limit options for a pipeline” through the reserve.

Boom times for Mining in Pennsylvania

Things are looking up in Pennsylvania. What were previously becoming ghost towns or bedroom communities for New Yorkers, are now providing jobs for locals. How long will the EPA allow the drilling? Who knows. New York has essentially shut it down. Hopefully there will be found safe and effective methods for drilling and a rational approach to our energy requirements. This goes to prove that “Drill Baby Drill” is a way out of our tax revenue problems and high unemployment.

Under the headline “Marcellus Shale drilling creates 48000 jobs, report says,” the Patriot-News reports this: (Click to enlarge image)

“Nearly 48,000 people have been hired in the last year by industries related to drilling in the Marcellus Shale, and 71 percent of those people were Pennsylvania residents. Nine thousand of them were hired in the first three months of 2011. The average salary was higher than the statewide average. And the rate of hiring is accelerating.” 

 More at  Carpe Diem

As Democrats Dither – China Gobbles Up Oil & Gas Reserves In Canada & Gulf of Mexico

Already this year Democrats have scrapped oil and gas leases in Utah, permanently banned drilling in the Arctic National Wildlife Refuge (ANWR), and nixed offshore drilling.

Not only is China investing in places like Iran, Iraq, Kazakhstan, Nigeria, Venezuela, and Argentina, but it is in the U.S.’s backyard, looking towards usurping the U.S. supply of Canadian oil sands. China is a good customer for Canada, as Canada fears that the U.S. may introduce a low carbon fuel standard[ii] or other legislation that would restrict our purchases of oil sands from Canada[iii]. China is also looking at a possible purchase of leases in the Gulf of Mexico where Devon Energy is looking to sell its U.S. leases.[iv] The sale of these offshore leases requires the approval of the Mineral Management Service in the U.S. Department of Interior. China is willing and able to be at the forefront of any misstep other countries make to gain a foothold and secure oil and gas supplies, and the U.S. seems to be giving it elbow room.

China is also investing in oil and natural gas pipelines to ensure access to its investments and to divert some of its oil imports from the Middle East away from the Straits of Malacca. Oil pipelines are being built from Russia, Kazakhstan, and the coast of Myanmar. [v] A natural gas pipeline from Turkmenistan should be operating in the near future, and several liquefied natural gas terminals are either operating or are expected to be operating shortly.[vi] http://gatewaypundit.firstthings.com/2009/12/as-democrats-dither-china-gobbles-up-oil-gas-reserves-in-canada-gulf-of-mexico/

Lucky us, Russia sold us Alaska and we managed squeeze a few barrels out before the Dems locked further drilling. Future generations will look back and see what jackasses we have been

http://hotair.com/archives/2010/02/15/industry-study-us-will-lose-over-2-trillion-in-20-years-in-drilling-ban/

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