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Trump reportedly plans to revive the Keystone pipeline

Posted on 11/24/24 at 11:07 am
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56145 posts
Posted on 11/24/24 at 11:07 am
So Obama rejected the pileline in 2015, Trump put it back to work in 2017 and then Biden rejected Trump's mandate and shut the pipeline down. Now Trump says he going to start it back up.

My question - what is required one way or the other to either bulid the thing without stoppage or to can the project never to be heard of again? This back and forth bs is like a couple of third graders arguing at recess while playing.

quote:

President-elect Donald Trump has vowed to restore the American energy industry when he transitions back to the White House in January 2025. As part of that vision, Trump will reportedly revive the Keystone XL pipeline, leaving supporters feeling "on cloud nine."

"It's a breath of fresh air. We're running on cloud nine," former Keystone Pipeline worker Bugsy Allen said on "Fox & Friends Weekend," Sunday.

"It will make a big difference as far as your energy cost, your food cost, your gas that you put in your cars. It is actually going to be the primary start of bringing everything… down for the American people that we have suffered so much in the last administration."


LINK
Posted by GoldenGuy
Member since Oct 2015
12782 posts
Posted on 11/24/24 at 11:08 am to
quote:

what is required one way or the other to either bulid the thing without stoppage or to can the project never to be heard of again?


You build it.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56145 posts
Posted on 11/24/24 at 11:09 am to
quote:

You build it.


It appears it's not that simple.
Posted by makersmark1
earth
Member since Oct 2011
21204 posts
Posted on 11/24/24 at 11:10 am to
Could “the camps” be built alongside it and the border wall?
Posted by KosmoCramer
Member since Dec 2007
80520 posts
Posted on 11/24/24 at 11:10 am to
quote:


It appears it's not that simple.


It takes a long time to get it permitted and then actually built. If Trump started on Day 1 he might be able to get far enough down the road that they can't roll it back
Posted by Wolfwireless
Member since Aug 2024
4783 posts
Posted on 11/24/24 at 11:17 am to
Obama and Biden both wanted us dependent on foreign oil. So both of them worked as hard as they could to make it so.
Trump has already proven that he's the exact opposite. And made us a leader in domestic oil production.

When gas prices are low, a lot of industries thrive. Cost of living is cut in that area. And we make money selling it, instead of burning money having to buy it from other countries.
Posted by LSURussian
Member since Feb 2005
134837 posts
Posted on 11/24/24 at 11:18 am to
quote:

what is required one way or the other to either bulid the thing without stoppage or to can the project never to be heard of again?
Most likely an act of congress signed into law by the POTUS.

That would make much more difficult for a succeeding President to unilaterally cancel it again.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56145 posts
Posted on 11/24/24 at 11:24 am to
quote:

Most likely an act of congress signed into law by the POTUS.


Thanks. That's what I figured. Time for somebody to go to work and get it done.
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
35897 posts
Posted on 11/24/24 at 11:27 am to
It's kind of the same thing with the US space program over the last 60 years. Ever 4 or 8 years their missions, funding, and priorities get reshuffled.

Any project or industry that takes longer than 4 years to complete from initiation to go-live is difficult in today's political climate. Just the uncertainty that in 4 years everything we are working on might get shut down stymies projects and innovation.
Posted by LSUwag
Florida man
Member since Jan 2007
18109 posts
Posted on 11/24/24 at 11:29 am to
I saw an interview with the CEO of whatever company it was that was attempting to build it. They lost billions on the project and he straight up said no way will they resume construction given their losses due to politics.

I don’t think it will be easy to recruit another company willing to take on this risk.
Posted by CharlesUFarley
Daphne, AL
Member since Jan 2022
1091 posts
Posted on 11/24/24 at 11:32 am to
Can the permitting issues be transferred to State jurisdictions? Take executive action to transfer involved Federal lands to the local State and let the States work together to move it along.

The Fracking Revolution happened on private land where Obama couldn't stop it. That is the key. Make it a non-federal project.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56145 posts
Posted on 11/24/24 at 11:35 am to
Here's a good article about the timeline of the project.

LINK
Posted by skullhawk
My house
Member since Nov 2007
27802 posts
Posted on 11/24/24 at 11:47 am to
Going to have to do something to make investors comfortable that someone won't shut it down in 29
This post was edited on 11/24/24 at 12:14 pm
Posted by Fat Man
Gotta Luv Cov ... ington
Member since Jan 2006
7153 posts
Posted on 11/24/24 at 11:52 am to
Who benefits by the pipeline NOT being built? My understanding is the Canadian oil is currently shipped by rail (less efficient and more dangerous than a pipeline).

Whoever owns the RR is making bank. The pipeline would end that.

I believe that would be Warren Buffet:

[
quote:

i]The BNSF Railway Company is the principal operating subsidiary of parent company Burlington Northern Santa Fe, LLC. Headquartered in Fort Worth, Texas, the railroad's parent company is a wholly owned subsidiary of Berkshire Hathaway, Inc., of Omaha, Nebraska.[4[/i]


Wiki doesn't say Buffett's RR ships the oil but that is what I have been led to believe.

BNSF RR

Posted by bayou2
New Orleans, LA
Member since Feb 2007
3919 posts
Posted on 11/24/24 at 12:02 pm to

... this would be something amazing ...

I worked on the Keystone project back in 1977 - 1978

1978 at the infancy of Keystone.
I worked for Shell Oil in Houston
did not in my wildest dreams , ever thought it would take this long

This post was edited on 11/24/24 at 6:11 pm
Posted by PaulDrake
L.A. & Bayou Pa Pon
Member since Feb 2023
881 posts
Posted on 11/24/24 at 12:11 pm to
quote:

Trump reportedly plans to revive the Keystone pipeline


The Democrat donors sure wanted that project halted asap, it was one of the first executive orders Biden signed.

Time to fast rack the permit process and get that pipeline finished.

Corruption and politics was obviously involved in shutting it down.

Posted by epbart
new york city
Member since Mar 2005
3322 posts
Posted on 11/24/24 at 12:25 pm to
quote:

Who benefits by the pipeline NOT being built? ...

... I believe that would be Warren Buffet:


Yeah, I recall reading a lengthy article several years ago that discussed some of the political machinations around the pipeline and it's opposition. And the BNSF & Buffett were discussed as beneficiaries of not building/using it.

I don't have any deep knowledge on the subject and it was too long ago for me to remember the exact details of the article, but my probably flawed memory wants to make the case that it isn't an accident that:

1) Buffett bought BNSF in 2010
2) Buffett was a big Obama backer and even headlines at least one big fundraiser for his 2012 reelection.
NBC News article on Buffett led fundraiser
3) Obama later rejects Keystone Pipeline plan.
Posted by PsychTiger
Member since Jul 2004
109175 posts
Posted on 11/24/24 at 12:26 pm to
quote:

Obama wanted us dependent on foreign oil.


fify
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
26618 posts
Posted on 11/24/24 at 12:28 pm to
quote:

takes a long time to get it permitted 


That's the easy part. Trump can get that changed almost immediately. Gov regs that hold up these projects can be reviewed and taken away (if the EPA is what you are mentioning here)
Posted by MizzouBS
Missouri
Member since Dec 2014
6880 posts
Posted on 11/24/24 at 12:45 pm to
quote:

The Democrat donors sure wanted that project halted asap, it was one of the first executive orders Biden signed.


Nebraska’s Republican Governor, Senator’s, and legislature wanted Obama to deny the pipeline permit. They wanted an alternative route through Nebraska’s Sandhills. The new pipeline route moved it 19 miles, but that didn’t change anything.
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