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Author Topic: Building the Keystone Pipeline would raise gas prices in the US. [Locked]
Reapist  4 stars
Title: Official ACF HIOFI Poster
Posts: 4,367
Registered: 2001-12-20 03:56:16
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
I remember when gas was under 30 cents a gallon. I pumped a lot of gas at 31 cents a gallon. By the time I had my license it was nearly 50 cents a gallon.

 

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Rhodoman  4 stars
Posts: 1,397
Registered: 2001-6-14 21:02:19
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
$0.55/gal is the lowest gas price sign memory I have in my brain.

Rho

 

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Referring to illegal aliens as 'immigrants' is the same as referring to shoplifters as 'shoppers' - Dorvinion
Banelord_FF  2 stars
Title: Cunstrukshen Werker
Posts: 321
Registered: 2002-1-3 14:33:41
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
Terminius_Est posted:
Yeppers. The US has become a net exporter of gas thanks to a breakthrough in horizontal drilling technology.

It may even become self sufficient in oil production, assuming that demand in the US goes down because of higher gas prices and federal mpg mandates.



The US is still does not produce enough oil to meet current demand. Nstural gas != oil.

 

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Terminius_Est  3 stars
Title: Moon River
Posts: 894
Registered: 2002-2-27 06:08:05
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
Banelord_FF posted:
Terminius_Est posted:
Yeppers. The US has become a net exporter of gas thanks to a breakthrough in horizontal drilling technology.

It may even become self sufficient in oil production, assuming that demand in the US goes down because of higher gas prices and federal mpg mandates.



The US is still does not produce enough oil to meet current demand. Nstural gas != oil.



Yes, natural gas is not oil. However, horizontal drilling/fracturing has opened up tight shale oil. My company is drilling wells in shale beds for the oil and natural gas liquids they produce. Natural gas interestingly enough, is no longer a target, it's too cheap.


edit: I remember seeing gas wars and it got to 12 cents a gallon once.

 

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jeune  1 star
Posts: 216
Registered: 2005-5-29 13:25:11
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
Does not surprise me.

It is so expensive to make... and requires so much capital to even produce... it would require contracts that span decades with set prices and quotas. Pretty much a slap in the face to the so called "free markets"...

Only thing it would do is keep us stranded on oil... so our kids can deal with the crazies in the Middle East... instead of leaving them energy independence.

 

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jungalist  1 star
Posts: 216
Registered: 2001-8-25 10:21:58
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
Sith_Mauler posted:
Reapist posted:
Wow, it's hard to imagine the Canadians would actually try to publish anything which shows the US in a bad light.



I think the Chinese are offering them more money.

So that away when they sell to China, they can say we offered but your government refused.



Yep we are going to build a pipeline through the Rockies to the BC coast so we can ship to China and eventually have a supertanker ripped open in the hard to navigate waters where it is going and cause an environmental disaster of epic proportions.

 

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Onslaught.  4 stars
Title: I've always wanted a title.
Posts: 1,377
Registered: 2001-2-13 13:46:37
 Date Posted: 1/1/00 12:00am Subject: Building the Keystone Pipeline would raise gas prices in the US.
Rhodoman posted:
$0.55/gal is the lowest gas price sign memory I have in my brain.

Rho



0.99


Does that mean I can join the old farts of ACF club?

 

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