Comments on: Rep. Markey’s Keystone ‘Fix’: Would It Increase Oil Imports from Saudi Arabia?

By: justoffal

justoffal — Sat, 18 Feb 2012 18:06:20 +0000

Greetings PUMA

I think those initials must stand for Pretty Un-konwledgeable Master Articulator.

You are wrong about your energy claims…the reason oil sands are now viable is because the price of oil is too high..period. At $80.00 it was break even..at $100.00 it’s a pretty good profit.

You may be correct about the corporate slight of hand that is in the offing but I fear you are trying to make heroes out of the left. What make you think, even for one moment that the democratic Senate will allow the price of oil to go down any more or any faster than a Republican controlled Senate?

By: Markey’s Ban on Petroleum Exports Not Legal under Trade Treaties

Markey’s Ban on Petroleum Exports Not Legal under Trade Treaties — Fri, 10 Feb 2012 21:12:29 +0000

[...] refiners would be forced to sell more gasoline in U.S. domestic markets, lowering prices.Earlier on this site, National Journal’s energy blog, and MasterResource.Org, I opined that Markey’s [...]

By: Ken Glozer

Ken Glozer — Sun, 22 Jan 2012 16:55:41 +0000

With the nearly one million barrels per day of announced likely shutdown of refinering capacity on the US East coast and in the Carribean it seems very unlikely that gulf refiners would increase product exports if the Keystone pipeline is built.

By: Richard Todd

Richard Todd — Sun, 22 Jan 2012 02:24:01 +0000

“immensely stupid” describes someone who believes it takes more energy to produce a barrel of oilsands oil than said barrel contains.

By: John Puma

John Puma — Sat, 21 Jan 2012 09:10:11 +0000

The physical /chemical nature of tar sands oil requires a high ratio of energy expended for extraction compared with energy content of final product.

Of course, for the oil industry, other costs are never considered like destruction of forests and contamination of large quantities of water as the crude must be literally steamed out of the sand.

Add to this the energy to pump the crude to refineries and the energy of refining itself.

So, IF any net energy gain happens to be realized the industry and it supporters want to be sure it is lost on transportation costs to enable sales on the other side of the world.

The masters of our industries are certainly clever. But the true measure of economics IS energy. To use more of it to produce a barrel of product than is contained in the product is immensely stupid and suicidal.