Hipocrites or Just Rep's as Usual

[JoeA]

Do I really care if we are exporting gasoline? Nope, not one bit. Would I even care if we exported crude oil? Nope, not one bit. It's a sad day when we use baseless excuses to not want jobs here at home and buildout more capacity for energy.

It's not whether a company can export their product. The question is why the proponents don't claim their motivations are to create more jobs (definately a good thing) and build an energy infrastructure that allows them to better access to profitable markets, here or overseas, (another good thing-free commerce and all).

Which "excuses" are baseless?

[C. Davis]

Originally Posted by JoeA

Look at the intended location of the end of the Keystone XL pipeline, and a different picture comes into focus. It's more about developing access to foreign markets than satisfying US demand.

This picture should really put it into focus. There may be some oil get past the refineries on the Texas coast, but I'm seeing it as creating less of a demand for oil coming through the Gulf from Venezuela. No other place in the U.S comes close to the barrels refined per day as is done on the Texas and Louisiana Gulf coast.
Our office is less than a mile from where the spindletop gusher came in in 1901. If you want a better understanding of how the oil industry came to be, and how it changed the 20th century to this day, just do a little research on Spindletop in Beaumont, Texas. The Pipeline would come directly to our area.



C. Davis

[Fieldmouse]

Joe, we are still in a recession. Our SS.and is way down. It won't always be that way. Time to expand our infrastructure for energy is now. Should they pay for it by exports right now shouldn't be of concern. We will need this capacity in the future.

Besides that, I'm still waiting for 4 wells to be drilled on my family's property in Canada. Having a way to bring it to market means something.

[Fieldmouse]

FYI, here is a stock tip for you to think about. Weyerhaeuser symbol WY. Why should you care about an old paper company that has transformed itself? Weyerhaeuser was the largest land owner in NC. They have since sold most of their property and are planning n selling the rest. However, they never ever sell their mineral rights. They are sitting on a gold mine when fracking goes through here. They own so much in land mass in rights, the royalties will be enormous. Right now the state is trying to figure out the regulations and inspections for fracking.