Thread: Conservatives attack proposed U.S. border tax

She co-wrote a recent IHS CERA report that argued the new Keystone pipeline could help cut gasoline prices in the United States, simply because more supply should lower oil prices. Canada's tar sands, as well, produce heavy crude that requires more sophisticated refineries, which makes it a good fit for recently upgraded facilities on the Gulf Coast. "That oil will be consumed in the United States—or at least enter the refining market there," she says.

Exports from Gulf Coast refineries are up in recent years as the plants take advantage of supply disruptions in Latin America and Europe. But they still account for only about 10 percent of the region's refined products, Forrester says, adding that Canadian oil won't change that dynamic.

But Verleger points out that only a few companies control the Gulf Coast refining capacity that might be available to the Canadian oil. The refiners are encouraging the pipeline, but the point is to bring more supply to the market to keep Gulf Coast crude prices low—significantly lower, in fact, than the global price of oil. It would give the refiners an unprecedented ability to buy low and sell high. The Keystone XL pipeline, Verleger argues, could transform the U.S. Gulf Coast into the most profitable refining center in the world.

To avoid being pushed out of the U.S. market, Verleger suggests that the Canadian producers should buy their own Gulf Coast refineries or otherwise lock up capacity for their crude—as foreign rivals Saudi Arabia, Venezuela, and Mexico all have done.

The pipelines are a good thing all the way around. They get our crude to the refineries and to our US market as well as export markets. It's all good.

I heard that Texas environmentalists sue Houston-area refinery over pollution.
Two Texas environmental groups filed a lawsuit on Thursday under the U.S. Clean Air Act alleging repeated pollution violations.

JD2, why don't you post the whole article like everyone else and like you're supposed to do? All you do is force viewers interested in the article to have to load the article to read it and give free clicks to other organizations. You been told by moderators to stop posting just the link and instead post the whole article with the link, I sure wish you would abide the requests and follow the rules. Thank you.

The only large new U.S. oil refinery in 40 years will export fuel to MEXICO

China Firm Buys Texas Oilfields For $1.3 Billion

China Just Became The No.1 Buyer Of U.S. Crude Oil

This doesn't sound good.

It is mind boggling how much of the energy industry in this country already belongs to foreigners.

It makes one wonder the benefit to the American people of all the support for the oil industry.

Are WE benefiting from it, or is Wall Street and foreigners benefiting?

Colonialism -

That's because we're broke. Until Americans can understand that, we're in a real pickle of a situation. That's why we need to support Trump and let him try to fix this mess the best way he can even when we sometimes may not understand some of the steps he takes along the way in the long game he's trying to win.

Originally Posted by Judy

JD2, why don't you post the whole article like everyone else and like you're supposed to do? All you do is force viewers interested in the article to have to load the article to read it and give free clicks to other organizations. You been told by moderators to stop posting just the link and instead post the whole article with the link, I sure wish you would abide the requests and follow the rules. Thank you.

Actually, all the articles copied and pasted by JD2 here at ALIPAC are kind of a nuisance. They take a lot of bandwidth and storage at the BBS and I think it forces the admins to drop a lot of archival material that might be valuable later. Posting links is plenty and really, sometimes the heading of the news items is all we really need to see.

Many thanks to JD2 for your hard work.

Other posters who want to comment directly on the article are encouraged to copy and paste quotes from the original site. Also remember that the original site loses hits when people don't go to it and only have to read the article at this site.

If you feel the need to copy and paste the whole article from a site, paste the thing "as text" instead of including everything like images and formatted text. This reduces storage and bandwidth. Always include the link to the original article too.

Originally Posted by pkskyali

. . . sometimes the heading of the news items is all we really need to see . . .

I agree.