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Keystone Pipeline Excuses All Gone

February 3, 2014

Throughout his term as president, Barack Obama has insisted his administration could not allow construction of the Keystone XL pipeline to carry Canadian oil to the U.S....

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(44)

WVEXPAT

Feb-05-14 8:05 PM

""that latest CBO report?"

Was it the CBO report saying that the federal budget deficit is rapidly shrinking and is projected to narrow to $514 billion this year?"

Yes! That's the one! The same the says deficits will grow back above $1 Trillion in a few short years.

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TrollSlayer

Feb-05-14 6:32 AM

Clueless, re your 10:13 post: “Is the CBO correct? Who knows?” Powerful stuff. LOL

Re your 10:15 post: That gem CONTAINS NO FACTS AT ALL. Just a summary of the first two ridiculously spun posts and a baseless accusation that any criticism of your Obamascam is a lie.

Re your 10:20 post? You call that a post? Unlock your caps key, loon. LOL

And your copy paste took you MORE time to post than it took me to write an original rebuttal of your silly parroted drivel. Come back when you have an original thought and more than BWAAHAHAHA. Tool. LOL

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TrollSlayer

Feb-05-14 6:32 AM

Clueless, “facts of the article”? It’s an OPINION PIECE, Clueless. There ARE no “facts” in it. Here, it’s a slow morning so I have time to school you.

Re your 10:08 post: “people will choose to cut back their work hours” Those are, by definition, JOB LOSSES. I know you Obamazombies would prefer the author’s OPINION that we not count them, just as you prefer not to count long term unemployed when fudging your “improving” official unemployment rate, but the 2.3 MILLION job loss number is A FACT.

Re your 10:10 post: BOTH paragraphs are a REHASH of the same ridiculous spin. Regardless of the psychology involved as to why those jobs are lost, THE JOBS ARE LOST. FACT. Deal with it.

Re your 10:11 post: The author just re-babbles the same old claim that the Obamascam will reduce the deficit, WITH NO SUPPORTING FACTS OR SOURCES. Same old spin. And you thought that was worth our time here? Seriously? LOL

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daWraith

Feb-05-14 3:53 AM

The spread for butane is even wider, said DNB Bank.

The price gaps are an incentive for exports from the U.S., said Lucian Pugliaresi, president of Washington-based Energy Policy Research Foundation. Until recently, U.S. oil products mainly went to markets that were relatively close to refining centers around the Gulf Coast. Brazil, for example, has been buying more U.S. diesel, displacing at least three shipments a month from Asia, according to traders. Traders estimate U.S. diesel exports to Europe doubled to about 1.3 million barrels a day in the past year.

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daWraith

Feb-05-14 3:53 AM

January 6, 2014 (Wall Street Journal; Jan. 1) - Asian oil refiners are significant players in the global market for liquid fuels but are facing growing pressure from U.S. refiners with access to relatively inexpensive domestic shale oil and Canadian crude, giving them a competitive edge in the export market for fuels such as gasoline and diesel. Rivals in Asia started feeling the pressure when tankers leaving U.S. ports started unloading cargoes in Europe and South America. Now the U.S. companies are starting to venture into Asia.

BP and Vitol Group have recently sold U.S. jet fuel to Chinese buyers, according to Singapore-based traders, reversing the usual flow and underscoring the impact that shale oil is having on fuel trading. Tokyo Electric Power said last year it would import 200,000 tons of liquefied petroleum gas from U.S.-based Enterprise Products between 2013-2016. Propane, for example, costs around $620 a ton in the U.S. compared with more than $1,000 a ton in China.

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daWraith

Feb-05-14 3:52 AM

Clueless idiot, why until this past year has basically not one drop of American oil been sold to "the highest bidder"??

Only when there is a SUPPLY that exceeds the DEMAND in the USA is oil sold to foreign countries and that has not happened for the past 30 years.

And still very little OIL is sold to foreign countries.

It is really very simple if you THINK about it, but that is something that is impossible for Clueless idiots to do because their brain matter is so severely limited.

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GETACLUE

Feb-05-14 12:30 AM

Troll your are free to dispute any of the facts of the article if you are able to back up your claims with FACTS. Knock your self out go for it.

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TrollSlayer

Feb-04-14 11:07 PM

Clueless, I never read Newsweek, especially regurgitated Newsweek. Too much liberal disinformation and not enough facts. I'm sure it suits your taste, though.

Oh, and either your caps key is stuck again or it's time for your meds... LOL

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GETACLUE

Feb-04-14 10:20 PM

BWAAA HAAA..... TROLL READ THE REPORT AND FORM YOUR OWN INFORMED OPINION INSTEAD OF REGURGITATING THE TEAPUBLICANT TALKING POINTS!!!!

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GETACLUE

Feb-04-14 10:15 PM

CONTINUED: "So, when politicians and commentators say that the new CBO report is devastating proof of the terrible impact of Obamacare, just know this: THEY'RE LYING."

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GETACLUE

Feb-04-14 10:13 PM

CONTINUED: "Another part of the report being misrepresented is about the number of people who will be obtaining insurance. The CBO has reduced its estimates for that because of the lousy rollout of the Obamacare exchanges. The total impact on insurance coverage by the law, however, has not changed.

“CBO and JCT estimate that the insurance coverage provisions of the ACA will markedly increase the number of non-elderly people who have health insurance—by about 13 million in 2014, 20 million in 2015, and 25 million in each of the subsequent years through 2024,’’ the report says.

Is the CBO correct? Who knows? As with any predictions, these estimates are based on economic models and assumptions, and those can be wrong or they can change. But the CBO certainly has not provided any serious new information that can be used by the critics of Obamacare."

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GETACLUE

Feb-04-14 10:11 PM

CONTINUED: " For example, people who choose to retire early because they would now have insurance available outside of employment can be counted among those two million.

The claim that the report shows increased deficits is also wrong. The CBO does say that the total expenditures for the health insurance exchanges set up under Obamacare and other insurance coverage provisions will be higher than the total amount of revenues, but that has always been the case. The number that matters is the total effect the law has on the deficit.

And the law, in total, will decrease the deficit, the CBO reports. “Those estimates (showing deficits) address only the insurance coverage provisions of the ACA; they do not constitute all of the act’s budgetary effects. Many other provisions, on net, are projected to reduce budget deficits."

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GETACLUE

Feb-04-14 10:10 PM

CONTINUED: "“The estimated reduction stems almost entirely from a net decline in the amount of labor that workers choose to supply, rather than from a net drop in businesses’ demand for labor,’’ the CBO states, “so it will appear almost entirely as a reduction in labor force participation and in hours worked relative to what would have occurred otherwise rather than as an increase in unemployment (that is, more workers seeking but not finding jobs) or underemployment (such as part-time workers who would prefer to work more hours per week).’’

The report concludes that the job supply will grow; even though more people will choose to cut back on their hours, total employment and compensation will increase. Put simply: almost all the folks in that two million number (which is not two million jobs, but the man-hours equal to two million jobs) will not lose a job, but will choose to leave it or cut back their time committed to work."

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GETACLUE

Feb-04-14 10:08 PM

NEWSWEEK Getting the Math Wrong on ObamaCare By Kurt Eichenwald Filed: 2/4/14 at 4:37 PM "The release of new projections about the impact of the Affordable Care Act has set off a firestorm in Washington about job losses, deficits and people losing coverage. But reading the actual document – rather than the talking points – shows that there is a lot less there than the politicians proclaim.

There have been some reports that Congressional Budget Office estimates show the law – better known as Obamacare – will cause the loss of two million jobs. Not really: What the document says is that people will choose to cut back their work hours because they will have insurance available elsewhere, because subsidies will offset the cost of insurance they might already be paying or because of related tax charges."

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GETACLUE

Feb-04-14 10:04 PM

"Did you known Candaian shale sells for up to $30 per barrel LESS than OPEC oil?? Because it is heavier and not all refineries can handle it, the crudes costs LESS, which translate into lower gasoline prices in the USA.".....

WRONG!!!! IT COSTS MORE TO REFINE IT INTO USABLE FUEL AND WHO DO YOU THINK IT WILL BE SOLD TO??? ANSWER: IT WILL BE SOLD TO THE HIGHEST BIDDER ON THE WORLD MARKET!!! SO MUCH FOR THE MYTH OF ENERGY INDEPENDENCE!

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TrollSlayer

Feb-04-14 5:10 PM

I think that's the Demorat House and Demorat Senate deficit that Obamboozler "stimulated" up to over a TRILLION during his first year that the Republican House has finally succeeded at cutting in half that RockE was bragging about. LOL

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daWraith

Feb-04-14 4:45 PM

Thats the budget that originates in the Republican Controlled House, correct CrankeReputation?

The budget that hasn't existed since Obama became the big DIC (Dictator in Chief)??

The budget that thanks to GOP opposition is just emergency debt ceiling increases???

Sounds like the process of an OPPOSITION PARTY is working pretty good!

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RockEReputation

Feb-04-14 4:01 PM

"that latest CBO report?"

Was it the CBO report saying that the federal budget deficit is rapidly shrinking and is projected to narrow to $514 billion this year?

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TrollSlayer

Feb-04-14 2:10 PM

Speaking of "reversal of fortunes," how about that latest CBO report? The Obamascam will add a TRILLION dollars to the debt. Slightly more fortune-packed than the "not one dime" your Liar in Chief promised.

Not to mention the 2.3 MILLION MORE jobs that the CBO now reports will be lost BECAUSE OF the Obamascam. Their fortunes were certainly reversed. Those who voted for Barry Obamboozler deserve the wake-up slap. Those who didn't vote for him get first dibs to dish it out.

Of course those of you who pay no taxes and live on the dole instead of working a job to earn your keep are unaffected. That's the beauty of being a parasite in the Obamboozler base. No harm, no foul, where's my Obamaphome?!

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RockEReputation

Feb-04-14 1:37 PM

"Well geez, RockE..a little reverse psychology would be in order"

Naw...we prefer reversal of fortunes..as in all the TEApublican onslaughteriffic spending equated to an Obama 2nd term.

..and prefer watching the 2003 Heritage Foundation individual "necessary part of a social contract" mandate come to fruition!

..and listening to serious lectures on deficit spending absent any 'deficits don't matter" speak

..and witness the backpeddling on the dubya/McCain 2006 immigration bill backed by choirboys McConnell and Graham

..and ponder Bush One's cap/trade legislation and GOPeers' 2003, 2005 and 2007 attempts at same

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promo61

Feb-04-14 9:38 AM

I have a crazy aunt down in the basement who has an opinion on this if Obama needs one more.

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daWraith

Feb-04-14 7:50 AM

UglyA, OK I don't think it will hit $2.50 but it certainly keeps prices DOWN.

Did you known Candaian shale sells for up to $30 per barrel LESS than OPEC oil?? Because it is heavier and not all refineries can handle it, the crudes costs LESS, which translate into lower gasoline prices in the USA.

AND combined with the increased USA output could make the USA free of OIL that does not come from North America within a few years.

Looks like WIN WIN to me.

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daWraith

Feb-04-14 7:48 AM

daFACTS:

"The U.S. State Department’s Final Supplement Environmental Impact Statement (EIS) for the proposed Keystone XL pipeline project provides a fact-based conclusion that the construction of the Keystone XL pipeline is indeed is safe for the environment.

The Department’s Final EIS should put to rest any doubt about the environmental impact of the project and, we hope, pave the way toward final approval of the Keystone XL pipeline, which will create thousands of jobs and bolster the nation’s energy security while responsibly protecting the environment."

So it is SAFE! WTF are the problems??

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daWraith

Feb-04-14 7:46 AM

daFACTS for daFools:

"TransCanada employed 4,844 Americans in Oklahoma and Texas on construction of the $2.3-billion Gulf Coast Pipeline Project, which is expected to be complete by the end of this year.

Construction and development of the Keystone XL and Gulf Coast Pipeline Projects is anticipated to generate $20 billion in economic impact in the United States, including $99 million in local government revenues and $486 million in state government revenues during construction.

The pipelines will also generate an estimated $5 billion in additional property taxes during their operational life.

The Canadian Energy Research Institute predicts that Keystone XL will add $172 billion to America’s gross domestic product by 2035 and will create an additional 1.8 million person-years of employment in the United States over the next 22 years.

And it costs the Taxpayers of the USA NOTHING!!!! Zero Zip NADA ZILCH ZERO!

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daWraith

Feb-04-14 7:44 AM

NEOGEO from TRP

"The $5.3-billion Keystone XL Pipeline Project is the largest infrastructure project currently proposed in the United States. Construction of the 1,179-mile pipeline will require 9,000 skilled American workers. The project will provide jobs for welders, mechanics, electricians, pipefitters, laborers, safety coordinators, heavy equipment operators and other workers who rely on large construction projects for their livelihoods.

In addition to construction jobs, an estimated 7,000 U.S. jobs are being supported in manufacturing the steel pipe and the thousands of fittings, valves, pumps and control devices required for a major oil pipeline.

TransCanada has contracts with more than 50 suppliers across the U.S., including companies in Texas, Missouri, Pennsylvania, Michigan, Oklahoma, South Carolina, Indiana, Georgia, Maryland, New York, Louisiana, Oklahoma, Minnesota, Ohio, Arkansas, Kansas, California and Pennsylvania.

DUH!

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