To: Texas Eagle
With the price of oil dropping, there's no rush to approve the pipeline now.
Yeah, and when the price is high again, the enemy will say, why build it now? We won't see any oil for five years. The cost overruns are already factored in, and the fact is that the pipeline will make the North American fuel more competitive in cost, and the producers get to see more of the money, will produce more, and keep the price more reasonable.
13 posted on
01/23/2015 7:13:53 AM PST by
Dr. Sivana
(There is no salvation in politics)
To: Dr. Sivana
Exactly. Oil is low right now for the sole purpose of persuading us not to develop our capacity. If we stop, OPEC will turn the screw again.
26 posted on
01/23/2015 7:33:07 AM PST by
No.6
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