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Post by DADDY O on Jan 26, 2017 14:49:13 GMT
This week Trump signed an executive Order to advance the construction of two major pipelines:
- 1 - The Dakota Access Pipeline (DAPL) and,
- 2 - the Keystone XL pipeline
Both of these pipelines will be utilized to transport crude (unrefined) oil to facilities that can refine them.
To me, the Keystone XL pipeline is the most important. The Keystone pipeline will carry crude oil from Canada to Houston to be refined and then sent back to Canada.
Canada has great oil reserves, but limited refining capability due to the amount of hundred's of millions of dollars needed to wade through all of the environmental regulations to build such a facility. It literally takes 10 to 20 years just to get a permit, and then another 5 - 10 years to construct it.
The environmentalists are worried that this pipeline (it is an older pipeline) might burst and then there would be an oil spill. This would be true with any pipeline either new or old. In the US, we have volumes of "Pipeline Integrity" manuals in place to test the structural validity of pipelines and how to construct them and operate them. There are valves at a minimum of every mile to shut the pipeline down in case of a spill.....but the environmentalists simply don't care. To them it's always "my way or the highway". They wonder who would pay for the costs of a spill...........in the USA, we would, after all we will be making a very nice profit on the transportation, refining and redelivery costs.....of which we are talking about Billions of Dollars per year.
To me, this is a no-brainer. Canada needs their oil refined, and we have the refineries to do it. There are literally thousands of crude oil pipelines in the USA, why is this one so different?
If we were in a "wartime" situation would anyone oppose it...............even the so called "Environmental Experts" who get all of their knowledge, education and experience off of bogus websites? If they do, give them an M-16 and put them on the front lines.
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Post by granty on Jan 26, 2017 20:19:29 GMT
I liked the bit were he said " it'll create 28.000 jobs, well payed construction jobs"
Here is a man that puts the American worker first. What wouldn't the British tradesman do for a leader like him?
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Post by sherri on Jan 26, 2017 22:38:09 GMT
I liked the bit were he said " it'll create 28.000 jobs, well payed construction jobs" Here is a man that puts the American worker first. What wouldn't the British tradesman do for a leader like him? That's true. Love him or hate him, he is actually starting to do things. We have a state govt in power at the moment that has done nothing in years.
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Post by mrp on Jan 27, 2017 8:48:11 GMT
His energy and tax policies are his best.
The Gulf of Mexico has 2 trillion bbl of reserves.
Cheap energy. Everyone benefits.
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Post by DADDY O on Jan 31, 2017 20:37:50 GMT
His energy and tax policies are his best. The Gulf of Mexico has 2 trillion bbl of reserves. Cheap energy. Everyone benefits.
Does BP know about this?
The last well they drilled in the Gulf cost them Billions.
Deepwater Horizon was a 20 billion dollar cleanup in itself.
I think it will be a long time before they get another drilling permit anywhere near Louisiana or Texas. |
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Post by mrp on Feb 1, 2017 9:18:39 GMT
www.bp.com/en_us/bp-us/what-we-do/exploration-and-production/deepwater-gulf-of-mexico.html"Nearly three decades after BP began exploring the deepwater Gulf of Mexico, the company remains one of the region’s leading oil and gas producers, with lease blocks covering an area more than twice the size of Delaware. In fact, BP has been the largest energy investor in the deepwater gulf over the past decade. Between 2013 and 2015, its average daily production in the region increased from 189,000 barrels of oil equivalent to 249,000. This reflects BP’s continued investment at its four massive Gulf of Mexico production platforms: Atlantis, Na Kika, Thunder Horse and Mad Dog. Elsewhere in the gulf, the company holds interests in four hubs that other companies operate: Mars, Olympus, Ursa and Great White. In 2016, BP successfully launched a major water injection project in its Thunder Horse field. The three-year project will allow for the recovery of an additional 65 million barrels of oil equivalent. BP also has moved forward with its Thunder Horse South Expansion project and its Mad Dog Phase 2 project. The former will add a new subsea drill center roughly two miles from the Thunder Horse platform, which will help sustain and grow deepwater oil production for years to come. The latter will develop resources in the central area of the giant Mad Dog field through a subsea development linked to a new floating production hub."
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