Posted on 02/04/2021 2:03:16 PM PST by raptor22
If President Trump had been colluding with Russia, the first thing he would have done would have been to cancel the Keystone XL pipeline and otherwise prevent our achieving energy independence. Russia was once described as being a gas station masquerading as a country. Its only commodities of value are weapons and oil. Building Keystone XL and unleashing fracking was Trump’s way of screwing with Putin’s ambitions, ot rewarding them.
We would have to wait for Joe Biden to collude with Russia on energy by banning Keystone XL and declaring war on fracking. As Helen Raleigh, writing in The Federalist, notes:
The first executive decision that benefits Russia was Biden’s executive order to rescind the permit for the Keystone XL pipeline. The Keystone project plans to build a 1,200-mile pipeline from Alberta, Canada to Nebraska, where it would join existing pipelines so 830,000 daily barrels of oil from Canada can easily reach refineries and ports on the Gulf Coast. From there, they could be exported conveniently to the rest of the world market.
(Excerpt) Read more at theconstitutionalconservatives.com ...
It helps me. I’ve got my money in oil companies and existing pipelines/midstream companies
Less competition!
The oil is still flowing but not by pipeline.. I saw a train on the Kansas City Southern tracks pulling over a hundred oil tankers. The engines were not KCS but Canadian Pacific.
All heading to Texas refineries.
“ It helps me. I’ve got my money in oil companies and existing pipelines/midstream companies”
Me too. Not all of my money, of course. A lower dollar, post Covid higher demand and potato head Biden putting his knee on the neck of the Fracking industry means one thing: expensive oil.
Oh...and Berkshire Hathaway, too. Those trains keep a rollin’ all night long filled with oil
Every drop of that oil will still be transported to gulf coast refineries via tanker truck and rail tankers that are much more likely to suffer accidents and spills.
The only thing Biden did was to give other countries a boost up, make oil products IE gas and diesel more expensive for Americans and cost 15,000 Americans good paying jobs.
I hope his crap comes back to bite him in the ass.
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