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Reuters’ Robert Campbell thinks Keystone XL (TRP) has become a victim of political...

Reuters’ Robert Campbell thinks Keystone XL (TRP) has become a victim of political posturing and says a rival plan, ETP's Trunkline, is being held to a far lower standard thanks to an incoherent U.S. environmental policy. But if a pipeline isn’t built, crude will move by more carbon intensive methods that also are susceptible to accidents. Indeed, moving oil by road or rail is no longer seen as a stopgap until pipelines are built.
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Comments (22)
  • Ray Merola
    , contributor
    Comments (3833) | Send Message
     
    I believe the ETP Trunkline project could be a big deal. Even if Keystone gets done, it still could move forward and be a big deal.
    24 May 2013, 09:55 PM Reply Like
  • rjj1960
    , contributor
    Comments (1370) | Send Message
     
    The crazy idea is with all the crude up in Canada, they still have to bring in Foreign Brent oil to the east coast. Politics working for the benefit of the citizens, ya right.............
    25 May 2013, 08:45 AM Reply Like
  • Ruffdog
    , contributor
    Comments (1797) | Send Message
     
    There is also KMP's Transmoutain pipeline to get that oil to China and India that really want it.
    25 May 2013, 09:02 AM Reply Like
  • wyostocks
    , contributor
    Comments (8819) | Send Message
     
    "incoherent U.S. environmental policy"
    Add to that an incoherent U.S. energy policy.
    25 May 2013, 09:10 AM Reply Like
  • Energysystems
    , contributor
    Comments (1270) | Send Message
     
    Is there a U.S. policy that isn't incoherent.
    25 May 2013, 09:17 AM Reply Like
  • positivethoughts
    , contributor
    Comments (2008) | Send Message
     
    I agree. All politicians want havoc in the oil markets, in the middle east, they want trade wars, they want race and ethnic turmoil, they want debt problems, tax arguments etc. That is how they create a 'market' for themselves, which in turn, allows them to siphon off the wealth.
    25 May 2013, 11:38 AM Reply Like
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    >>Reuters’ Robert Campbell thinks Keystone XL (TRP) has become a victim of political posturing...<<

     

    Thanks for sharing that, Captain Obvious. Jeez.
    25 May 2013, 09:24 AM Reply Like
  • rheimerl
    , contributor
    Comments (412) | Send Message
     
    our "elected" officials are a big joke!
    25 May 2013, 09:50 AM Reply Like
  • Poor Texan
    , contributor
    Comments (3533) | Send Message
     
    Especially with gerrymandering and outright vote fraud. Oh wait. That's not a laughing matter.
    26 May 2013, 08:10 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1199) | Send Message
     
    The oil companies should start using babies of all types (human, seal, bear, etc.) in their advertising with the slogan: "Children of the world demand cheaper gas. Why would you let us starve? Why do you want us to die? Why do you hate us so?"

     

    Perhaps that will work. Smirk!
    25 May 2013, 10:16 AM Reply Like
  • jerrywengler
    , contributor
    Comments (567) | Send Message
     
    Our politicians need big money to get things done. That seems to be one of the reasons God created the Koch brothers in Kansas and Texas--to buy direction in Washington. And He saw they were not so good, but highly passable for the job. He even made a television show about them, and called them J.R. Ewing. Yes, the Creator has a sense of humor.
    25 May 2013, 10:20 AM Reply Like
  • toomuchgas
    , contributor
    Comments (681) | Send Message
     
    The Koch brothers benefit when pipelines than compete with theirs aren't built.
    25 May 2013, 05:51 PM Reply Like
  • GaltMachine
    , contributor
    Comments (1199) | Send Message
     
    And Warren Buffett, Obama's best business bud benefits the most of all when oil is transported by rail precisely because that pipeline is not being built.

     

    He would do anything to stop it and it looks like he has :)

     

    Now that's getting a return on investment for your crony capitalist.
    26 May 2013, 12:43 PM Reply Like
  • marpy
    , contributor
    Comments (992) | Send Message
     
    And those who suffer as a result of the political posturing are the American people who have to do without the jobs and energy independence that this pipeline would bring and put up with the increased rail traffic and pollution that the diesel belching locomotives that haul the oil produce. The greens seem to be holding Obama and in turn the American people hostage on this subject. What Obama needs to figure out is that the greens are far from representative of the American people and that their blind ideologically driven attack on pipelines do a lot more harm that good. America is to dependent on none friendly nations for its energy and needs to move towards lowering this dependance!!!
    25 May 2013, 12:06 PM Reply Like
  • AltheDentist
    , contributor
    Comments (24) | Send Message
     
    After observing the insanity of the over-regulation for "environmental" reasons I have to believe that the USA environmental movement is funded by OPEC. No other explanation makes sense. Any other reason demands that the people involved are total idiots. Maybe that is the case.
    25 May 2013, 02:01 PM Reply Like
  • Energysystems
    , contributor
    Comments (1270) | Send Message
     
    A recently released hatchet movie starring Matt Damon that targeted fracking("Promised Land"), was produced with considerable funding from the UAE.

     

    So just so you know, you're on the right track.
    25 May 2013, 02:20 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3083) | Send Message
     
    There is an endless supply of ignorant individuals who truly believe that opposing oil transportation will force people towards "cleaner" energy. Some also believe that limiting or opposing pipelines will force oil companies to halt production, because of a perceived difficulty in delivering oil. Almost none of these clueless people have an answer for how growing population needs will be met, if ships can no longer transport goods, airplanes can no longer fly, and how people can get to work on an infrastructure based upon automobile travel. The ignorant would rather see zero oil immediately, yet have no concept of the consequences of such a situation.
    25 May 2013, 04:33 PM Reply Like
  • Ruffdog
    , contributor
    Comments (1797) | Send Message
     
    The greenies demonstrate in front of the White House and the mall in DC. We sit on our butts and give millions to lobbyist. Which is more effective?
    26 May 2013, 10:05 AM Reply Like
  • Donadog0
    , contributor
    Comments (35) | Send Message
     
    The appropriate conversation would be regarding ETP and what kind of target price we could expect given the implementation of their pipeline. How much could the dividends grow? I am so sick of STUPID political comments when the topic is the stock market.
    25 May 2013, 02:23 PM Reply Like
  • toomuchgas
    , contributor
    Comments (681) | Send Message
     
    When pipelines aren't built the existing ones become more valuable.
    25 May 2013, 05:52 PM Reply Like
  • Ruffdog
    , contributor
    Comments (1797) | Send Message
     
    KMPs Transmountain pipeline becomes more profitable everyday that Keystone is delayed. Maybe the Transmountain expansion will be complete before Obama approves Keystone. Recommendation, but KMP.
    26 May 2013, 10:08 AM Reply Like
  • 1980XLS
    , contributor
    Comments (3333) | Send Message
     
    And Buffet's involvement with BNI along with GE and it's locomotives have nothing to do with it. I'm sure.

     

    http://bit.ly/12X8IQD

     

    http://bit.ly/ZncsNb

     

    http://bit.ly/XfZf3t
    26 May 2013, 06:10 PM Reply Like
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