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re: Trump reportedly plans to revive the Keystone pipeline
Posted on 11/24/24 at 12:53 pm to KosmoCramer
Posted on 11/24/24 at 12:53 pm to KosmoCramer
quote:
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
Exhibit A of how bad our regulatory environment has gotten. We can’t get ANYTHING built/done in a timely fashion. Pipelines, major roads, bridges, power plants, etc are built quickly elsewhere in the world. Here, construction is measured in decades.
2
Posted on 11/24/24 at 12:57 pm to Wolfwireless
Yep Germany's high energy costs has put their economy in the shitter.
Posted on 11/24/24 at 12:59 pm to Indefatigable
quote:
Here, construction is measured in decades.
I blame judges for that. Stopping things with the stroke of a pen by someone who is not elected just doesn't sit well with me. They say judges shouldn't be political -
- find me more than two or three that aren't political.
Posted on 11/24/24 at 3:36 pm to Homesick Tiger
Part of the problem is TransCanada Keystone pipeline has had 21 leaks and 22 spills from 2010 to 2022. The largest of spills happened in 2022 on the Kansas/Nebraska border
A smaller spill on farmland in 2011 hasn’t been completely cleaned up yet.
A smaller spill on farmland in 2011 hasn’t been completely cleaned up yet.
This post was edited on 11/24/24 at 3:40 pm
Posted on 11/24/24 at 3:38 pm to Homesick Tiger
That is good news. I wonder if they will hire the workers who lost their jobs when the project was shut down by Dementia Joe.
Posted on 11/24/24 at 3:41 pm to Homesick Tiger
I might be wrong, but I think it was only a couple years from completion.
But.... If investors have shut down the project and taken different directiona with their capital, that would increase the timeframe significantly.
My guess is that it would depend on the ability of Oil &Gas investment to reinvent the project.
IMHO
But.... If investors have shut down the project and taken different directiona with their capital, that would increase the timeframe significantly.
My guess is that it would depend on the ability of Oil &Gas investment to reinvent the project.
IMHO
Posted on 11/24/24 at 3:45 pm to Wolfwireless
quote:
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.
ELI5 —
I know we were dependent on foreign oil otherwise Biden wouldn’t have gone to Saudi Arabia for help, but, how was this possible if we were a net exporter? Was it just certain types that we needed and certain types we exported?
Posted on 11/24/24 at 3:53 pm to Indefatigable
quote:
quote: It takes a long time to get it permitted and then actually built.
We’re waiting on a govt employee to review something and click approve. They won’t approve it because it’s a “risk” on their part if they get it wrong. Stand over their shoulder and tell them to approve it. Then find the next person in the approval line and do the same to them. It’s not that complicated.
Posted on 11/24/24 at 3:57 pm to LSUwag
quote:
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.
TC Energy. What the Biden Administration did to them was absolutely criminal, and the Federal Government should pay TC millions for money they spent and lost due to pure politics.
I don’t see another midstream outfit taking on the project.
Posted on 11/24/24 at 3:58 pm to Gee Grenouille
quote:
It’s not that complicated.
Forcing people to do things isn’t the answer.
Removing redundant uselessness in the federal bureaucracy is the answer.
All levels of government in every sector have enormous bloat of useless people that do nothing. They’re just there because government at some point became a jobs program.
Posted on 11/24/24 at 3:59 pm to CharlesUFarley
quote:
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.
1- It’s a pipeline crossing multiple states, and falls under FERC jurisdiction.
2- A portion of the pipeline route was across Federal Lands, so you need the BLM/Dept of Interior to grant a pipeline ROW across those portions.
Posted on 11/24/24 at 4:26 pm to Wolfwireless
quote:
Obama and Biden both wanted us dependent on foreign oil.
Keystone XLs main purpose is to bring foreign oil from Canada into the country.
Posted on 11/24/24 at 4:28 pm to billjamin
Shh…
Posted on 11/24/24 at 5:30 pm to billjamin
quote:
quote:
Obama and Biden both wanted us dependent on foreign oil.
Keystone XLs main purpose is to bring foreign oil from Canada into the country.
Valid point. And true.
But I was talking about the administrations.
Posted on 11/24/24 at 5:35 pm to TN Tygah
quote:
I know we were dependent on foreign oil otherwise Biden wouldn’t have gone to Saudi Arabia for help, but, how was this possible if we were a net exporter? Was it just certain types that we needed and certain types we exported?
Legit question, with legit answer.
Biden declared war on the oil companies, and shut down a large percentage of production. Then went and made it dreadful for them to secure new drilling locations.
Posted on 11/24/24 at 5:41 pm to ragincajun03
Yes, but if you change the structure of the project so that different business entities manage the pipeline in each state, can you execute it without Big Gov?
Posted on 11/24/24 at 6:02 pm to CharlesUFarley
quote:
can you execute it without Big Gov?
No it’s interstate commerce.
Posted on 11/24/24 at 6:04 pm to Indefatigable
quote:
They’re just there because government at some point became a jobs program.
Only on federal land. It drove more investment in private land, which I prefer because the feds will just piss that money away anyway.
Posted on 11/24/24 at 6:33 pm to CharlesUFarley
quote:
if you change the structure of the project so that different business entities manage the pipeline in each state, can you execute it without Big Gov?
1- I can’t imagine any midstream outfits doing that.
2- You’re still crossing Federal Lands, and therefore will need the Dept of Interior to approve a pipeline ROW. It’ll be a Class 6 due to its size and distance, which means additional scrutiny, though not impossible at all to get approved. Or shouldn’t be.
Posted on 11/24/24 at 6:34 pm to billjamin
quote:
the feds will just piss that money away anyway
It’s crazy how much money the Feds bring in on public lands thanks to O&G operations, and now…the solar, windmill and lithium stuff is kicking up.
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