Wednesday, February 22, 2012

Why the ‘Keystone Vision’ is an Economic Mirage

Why the ‘Keystone Vision’ is an Economic Mirage: pPoliticians say they want to support the “Keystone Economy.” Here’s why that vision means fewer jobs, no impact on gas prices, and more pollution by Daniel J. Weiss Rep. Ann Marie Buerkle (R-NY) told reporters during a recent press conference on the economy on that “Solyndra and Keystone represent what’s at stake this November. Two [...]/p

No time to read it, here's the highlights.  Two studies from oil industry/economist say it will have 1.7 cents per gallon impact on your gas price, at best, and not for year and years from now.  Most the oil is being exported so we just are the catch tray for the spills, all the risk, a tiny benefit.  A bill in congress that would have mandated the oil to be for domestic use was defeated by the GOP.  Even though it is not approved law firms are already working to begin condemnation of land actions, if the farmer won't sign on first approach, take the fuckers land away from him and give it to the corporations.  The number of people to install the pipeline is inflated.  The refining process will dump excesive pollutants on the surrounding state, much dirtier than traditional oil.  Oil prices are set on world markets, being in possession of oil has minimum impact on local prices, you don't think the Saudis are going to say oh shit Texas got a new well or pipe, thats it give them a good deal now.  There's more if you care.

2 comments:

  1. Fringe:

    Yes, that's it. We take the risk; they take the profits.

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    Replies
    1. Whit, good that you coast past once in a while, an old friend is good to see. The way they get this oil is horrible, they scrape all the forest away dig up and cook the earth to melt a little oil from it, it tons to get a barrel and it takes hugh amounts of the stinking crap to be burned in order to produce the heat to cook it from the sand. The world health organization says it is the biggest environmental catastrophy in process.

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