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Obama: Keystone XL Won't Create Jobs, Will Raise Gas Prices
breitbart ^
| july 28, 2013
| Ben Shapiro
Posted on 07/29/2013 4:00:05 AM PDT by lowbridge
click here to read article
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To: showme_the_Glory
It’s not as if petrol is the only thing those trucks and trains can carry.
Ref: Buggy whip manufacturers.
41
posted on
07/29/2013 5:37:20 AM PDT
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: lowbridge
What a miserable child this idiot is.
42
posted on
07/29/2013 5:37:48 AM PDT
by
headstamp 2
(What would Scooby do?)
To: Laurent.w
Instead of using very expensive drillings in order to produce half a dozen million barrels of oil per day, it would be a better idea to save this oil.
Then, we could expect to see oil prices below $70. Let me get this straight .. you're saying that not using very expensive drillings in order to produce half a dozen million barrels of oil per day ... which ipso facto reduces supply by half a dozen million barrels of oil per day ... would lower the cost of oil to below $70 per barrel..
You're either unclear about how supply and demand works or about simple math .. maybe both.
43
posted on
07/29/2013 5:49:04 AM PDT
by
tx_eggman
(Liberalism is only possible in that moment when a man chooses Barabas over Christ.)
To: lowbridge
He’s not an idiot, he knows exactly what he’s doing. He’s a lying Marxist who is on a power trip; a power trip that is just beginning to steam up to power.
The man needs to be stopped. Cold. Hard. And without hesitation or qualms. We need men. We need real men in upper positions to halt this American-destroying monster!
44
posted on
07/29/2013 5:50:51 AM PDT
by
Thorliveshere
(Tais deau sá taghdedaul!)
To: Rebelbase
Enbridge has talked about building a pipeline rather than ship that via rail. You are not considering the capital cost of that pipeline nor are you considering the fact that this oil from the US makes economic sense because the price of brent crude from Europe is relatively high. Plus the producers of this US crude are discounting the price about $8 per barrel.
So if Enbridge were to build a pipeline to Quebec, and then the price Brent crude were to fall, and the discounts on US crude were to disappear, that pipeline would be far less profitable.
They have always shipped oil by railcar and will always ship oil by rail. Where it makes sense to build a pipeline, they will.
To: MrB
They are specialized tanks designed to carry HAZMAT and petroleum. You’re not going to haul groceries or home-building materials in them.
46
posted on
07/29/2013 6:01:28 AM PDT
by
showme_the_Glory
(ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government)
To: Gay State Conservative; Clive; exg; Alberta's Child; albertabound; AntiKev; backhoe; ...
To all- please ping me to Canadian topics.
Canada Ping!
47
posted on
07/29/2013 6:06:23 AM PDT
by
Squawk 8888
(I'd give up chocolate but I'm no quitter)
To: lowbridge
He then blamed Canada for not doing more to prevent carbon emissions
He is now officially our South Park President as well.
To: cripplecreek
Newsmax
Four in Five Americans Face Near-poverty, No Work Under Obama
Sunday, July 28, 2013 02:57 PM
Four out of five U.S. adults struggle with joblessness, near-poverty, or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream.
Survey data exclusive to The Associated Press point to an increasingly globalized U.S. economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs as reasons for the trend.
The findings come as President Barack Obama tries to renew his administration’s emphasis on the economy, saying in recent speeches that his highest priority is to “rebuild ladders of opportunity” and reverse income inequality.
http://www.newsmax.com/Newsfront/Poverty-Struggling-Whites/2013/07/28/id/517420
49
posted on
07/29/2013 6:39:01 AM PDT
by
KeyLargo
To: Servant of the Cross
As long as they don’t call him on them the lies will continue and get more blatant.
To: Resolute Conservative
“I think we are headed to massive vote fraud in 2014.”....
And that my friends is a “GIVEN”. What ever it takes, the demodummies will do it. They have it in the bag once again.
Time for a revolution yet?
51
posted on
07/29/2013 6:50:41 AM PDT
by
DaveA37
(I'm for SMALLER , HONEST government)
To: Resolute Conservative
“I think we are headed to massive vote fraud in 2014.”....
And that my friends is a “GIVEN”. What ever it takes, the demodummies will do it. They have it in the bag once again.
Time for a revolution yet?
52
posted on
07/29/2013 6:51:50 AM PDT
by
DaveA37
(I'm for SMALLER , HONEST government)
To: SueRae
I am convinced that he is beholden to Saudis and by extension, OPEC. Theres a lot on news crawls, etc. about the Saudis concern for diminishing oil demand. All part of his plan, the rat. The Saudis have been subsidizing the radical Islamists, on the condition that they keep their activities OUTSIDE Saudi Arabia. The Saudis have lots of citizens that have been living on oil subsidies for generations, plus breeding more.
When they reach the end of their ability to prop things up, the ending will be messy. Just as things will be messy here when the welfare state can no longer be maintained.
53
posted on
07/29/2013 7:26:50 AM PDT
by
PapaBear3625
(You don't notice it's a police state until the police come for you.)
To: lowbridge
Unless the steel for the thousands of miles of pipeline is imported from China, I would think that a few steel workers might be needed to make the XL Pipeline. Ditto the makers of the heavy equipment used to lay the pipeline. These pipeline workers have to eat, have places to live and will buy a few six packs of beer so those small towns in the Dakotas, Nebraska and Kansas will see quite a bit of economic activity as a result. Any first year economics student with a rudimentary understanding of supply and demand could tell you that increasing supply while demand remains steady causes prices to drop.
Barry Sotero also fails to see that government make work programs by his same standards don't result in permanent jobs either so once those roads, bridges and schools get built those jobs go away too. As a believer in Keynesian economics, which is the basis for all government stimulus plans, won't private investment in the pipeline also result in an economic multiplier effect? This is just another example of his street agitator economics.
To: lowbridge
He then blamed ......................
If you can’t do it blame.
55
posted on
07/29/2013 7:38:28 AM PDT
by
Vaduz
To: lowbridge
The head jackass economist of Washington speaks.
56
posted on
07/29/2013 7:42:57 AM PDT
by
JayAr36
(When an American dies Obama lies. And lies, and lies and lies forever.)
To: tx_eggman
As explained Javier Blas, Commodities Editor "Costs rise for technological barrels of oil".
"Sanford C. Bernstein, the Wall Street research company, calls the rapid increase in production costs the dark side of the golden age of shale. In a recent analysis, it estimates that non-Opec marginal cost of production rose last year to $104.5 a barrel, up more than 13 per cent from $92.3 a barrel in 2011.
The big increase will have implications both for the market and oil companies, helping to put a floor to energy prices.
Sanford C. Bernstein estimates that the marginal cost of oil production has increased about 250 per cent over the last decade, rising from just under $30 a barrel in 2002 to a record of $104.5 a barrel last year."(Financial Times)
So, instead of using very expensive drillings in order to produce half a dozen million barrels of oil per day, we should save at least half a dozen million barrels of oil per day.
Then, the oil market would be as it was 10 years ago when oil was far less expensive, even during the war in iraq.
To: M Kehoe
Hi M Kehoe. Remember during the first campaign he said “This is the Greatest Nation in the world and I’m going to Change It” He’s been a busy liar ever since he was sworn into the presidency in January 2009. He’s in Satan’s pocket to ruin this Christian Nation in any way he can. Remember he’s a follower of Saul Alinsky and Alinsky liked lucifer.
58
posted on
07/29/2013 12:56:46 PM PDT
by
tillacum
To: Gay State Conservative
I wonder why the billionaire oil companies just go ahead and do what must be done and see what happens. The only thing nobama cares for are the solar panels and wind machines, because the companies get money from our government and give him his share.
59
posted on
07/29/2013 1:03:08 PM PDT
by
tillacum
To: lowbridge; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ...
60
posted on
07/29/2013 1:06:44 PM PDT
by
Tolerance Sucks Rocks
(I don't always vote, but when I do, I SURE AS HELL DON'T VOTE DEMOCRAT!)
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