Archives for category: Petroleum

Senator Al Franken, introduced an amendment to the proposed Keystone XL Pipeline bill that would require the steel used in building the pipeline be made in the USA. The amendment was defeated by a vote of 53-46.

So much for the Republicans claiming that this is a jobs creating bill. I guess they would much rather the pipes be built in India, a country known for good quality control of their products.

It makes me wonder how many of those senators or their backers have investments in Indian steel making facilities.Jack 2012 cropped

 

 

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 The primary contractor for the Keystone XL Pipeline (if it is approved) will be the Australian firm of Worley Parsons. I understand that the actual pipes will be manufactured in India. I haven’t been able to confirm that for sure. Products manufactured in India are not known for good quality.

The proponents of this project tell us that it will create 40,000 to 50,000 new jobs. I didn’t realize that they were referring to jobs overseas. Dumb Me!! I thought that they were talking about US jobs. How about insisting that all of the materials for this project be built in the good old US of A?

So the figure of 2M to 2.5M temporary US jobs over a two year period is more realistic. What a boon this will be to our economy.Jack 2012 cropped

 

 

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A senior officer of the company developing the Keystone XL Pipeline acknowledged that less than 50 permanent jobs would be created once the pipeline is completed. Man, that means that there would be only 50 personnel monitoring the safety of this 1,000 mile project. That seems like very little protection from inevitable spills that will take place.Jack 2012 cropped

 

 

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In the Canadian Province of Alberta, the source of the tar sands oil that is expected to flow through the Keystone XL Pipeline, 90 pipeline spill incidents have been reported over the last four months. I think that we are crazy to allow this project to happen.Jack 2012 cropped

 

 

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I find it really interesting that over the past 6 weeks, crude prices have increased to just over $100 per barrel, while the prices at the pump have fallen to slightly over $3.00/gal.

Is it because speculators are driving up crude prices, while the demand for petroleum products is falling dramatically? It seems to me that someone is going to get hurt. I just hope that it isn’t the consumer, again.

Let’s keep up the pressure and continue to reduce our energy dependence. 

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