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I'm actually cool with Rex too. But exactly what does this have to do with this thread topic?
Time will tell with Tillerson. I'm not optimistic. I don't see someone that spent their entire professional career in oil working to accelerate the demise of that industry.
It's not prejudging when you're using the prior actions of the individual to make a judgment. That's just making an educated judgment.Got to give the man a chance, not prejudge him.
It's not prejudging when you're using the prior actions of the individual to make a judgement. That's just making an educated judgment.
Got to give the man a chance, not prejudge him.
After all the last Chairman of the FCC was eviscerated for being the former broadband lobbyist. Who would have thought a guy like that would have been the biggest champion for Net Neutrality.
How a former lobbyist became the broadband industry’s worst nightmare
Trump's Telecom Chief Is Ajit Pai, Critic Of Net Neutrality Rules
I mean, anybody can change their mind, I suppose...but I think I'll base my opinion on the facts I have at hand, instead of hoping for a change of mind.
LOL....yep, if it looks like a duck and quacks like a duck... I'm not really prejudiced to say 'I think that's probably a duck'....
If we all sit in the warm comfort of our biases, we are all morons and nothing will ever change the status quo.
I'll judge Tillerson when we have some "actionable data" of how he does in the job selected. Hell, even Elon has given him the benefit of the doubt, and I believe and trust Elon a lot more than any of the people in this thread.
Not the new chairman, the outgoing one.
You obviously didn't read the link.
I could care less about the pipelines, and you should too. Canadian oil is going to flow to those refineries, and if it isn't via pipeline, it will be by rail-car, which is FAR more hazardous.
There are millions of miles of pipeline in the USA (Pipeline101 - Where-Are-Pipelines-Located). Why DAPL and KXL were singled out has no basis in logic.
I want oil to be more expensive... pipelines make it cheaper. What part of WE NEED TO BURN LESS OIL confuses you? DAPL will lower the cost of getting Dakota oil to Market by ~$7/bbl. That can make the difference between it staying in the ground or being extracted.
The first rule of holes is to stop digging.
Pipeline usage is such a MINOR contributor of cost. The major two factors are extraction cost and refining cost. Everything is low single digits at best. Even if that $7 per barrel number is right (care to give a reference?), blocking the pipeline for oil from Canada will just drive the economics for more fracking in the Permian Basin and other areas within the USA.
You want to stop people from using oil, reduce the DEMAND. OPEC has shown us for decades that supply side economics is a falicy that does not work.
On a separate, but related note:
Do you know why I cannot stand talking with you? You are an arrogant prick that insists on throwing insults like this one:
"What part of WE NEED TO BURN LESS OIL confuses you?"
Anytime someone tries to have a CIVIL conversation and bring up an opposing point, and all you do is throw insults. No wonder the liberals lost the White House. I'm not one of them, but many people would rather see the ice caps melt and the air be so toxic it's un-breathable than be talked down to like you do to people.
That's because this is the kind of action that gets you sued by the World Trade Organization. Member-nations (Like the United States) are supposed to allow companies to compete fairly on the price of goods. They're not supposed to favor their domestic goods or materials over the goods or materials of other nations.
The Obama Administration sued China to kingdom-come for this kind of behavior. It's why we have a 500% tariff on Chinese steel, for example. After that, China said it would continue a controversial tax rebate for its steel exporters. Either way, member-nations, including the Chinese, will not take kindly to this particular Trump dictum. It will become fuel to fire an impending trade spat.
We should also note that this US steel requirement is doubly rich considering the fact that US Senator Al Franken (D-MN) proposed the same requirement in early 2015 and got shot down by Republicans.
What's more, forcing American steel onto the Keystone pipeline will undoubtedly make it more expensive. After we slapped that tariff on Chinese steel, all it did was suppress demand here in the US. Manufacturers who use steel as a raw material didn't want to buy the expensive US steel.
I was just having this discussion with a group at lunch. While pushing to increase US manufacturing and US manufactured materials is a good thing, trying to move too fast can have all kinds of unintended consequences. Like it or not, there's now a world-wide economy full of dependencies. Hard to unravel overnight. OK to set objectives, but dangerous to try to move too fast.