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16. Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Mar 5, 2012, 19:25 Wowbagger_TIP
 
Dev wrote on Feb 25, 2012, 14:03:
Wowbagger_TIP wrote on Feb 24, 2012, 18:22:
And what is it really going to do for gas prices? Do you really think Keystone is going to make any difference in that? It's not going to budge them. The global oil market couldn't care less about it. Keystone is years from completion at best, and if it doesn't get built, then that oil will get to market some other way. They aren't just going to leave it in the ground. This is about oil company profits, not price at the pump.
I think you forget that much of the oil prices are due to oil futures (aka speculation). And just the announcement of such a project would be enough to lower prices (regardless of the end result). For how much and how long, I don't know. And we already know where the oil will go without it, to China. They are buying a lot of basic commodities, and not just oil. The price of hay has been skyrocketing because they are buying up a big chunk of that too (I have no idea what they need large quantities of that for, and shipping HAY has gotta cost a lot compared to the price of the product itself, but there it is). China is a fast growing superpower and is needing increasing amounts of raw materials.
Oil goes for market prices, regardless of where it gets refined. If China is driving up demand, then prices go up, whether it gets refined in the U.S. or not. Keystone isn't going to do squat for oil prices. Those claiming it will lead to lower prices for Americans have their own motives for wanting people to believe that. They do not share your interests.
 
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"The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts." -- Bertrand Russell (I think...)
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    Date Subject Author
  1. Feb 24, 11:13 Re: Morning Metaverse Cutter
  2. Feb 24, 11:23 Re: Morning Metaverse Creston
  3. Feb 24, 11:51  Re: Morning Metaverse Bhruic
  5. Feb 24, 16:11   Re: Morning Metaverse killer_roach
  6. Feb 24, 16:23    Re: Morning Metaverse Bhruic
  7. Feb 24, 16:42     Re: Morning Metaverse Dev
  4. Feb 24, 12:04 Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. LittleMe
  8. Feb 24, 16:54  Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Mashiki Amiketo
  9. Feb 24, 17:08   Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Creston
  10. Feb 24, 17:23    Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Mashiki Amiketo
  13. Feb 25, 01:36     Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Creston
  11. Feb 24, 18:22   Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Wowbagger_TIP
  14. Feb 25, 14:03    Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Dev
>> 16. Mar 5, 19:25     Re: Congrats, US Government- You're Scaring Web Businesses Into Moving Out Of The US. Wowbagger_TIP
  12. Feb 24, 18:54 Re: Morning Metaverse eunichron
  15. Feb 26, 19:26  Re: Morning Metaverse Ant


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