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Omaha Steve

(99,581 posts)
Tue Feb 7, 2012, 10:12 AM Feb 2012

Testy pipeline (Keystone XL) debate expected (amendment oil traveling through it stays in USA)


http://www.omaha.com/article/20120207/NEWS01/702079943#testy-pipeline-debate-expected

By Joseph Morton

WASHINGTON — House Democrats on Monday previewed their lines of attack against legislation by Rep. Lee Terry, R-Neb., to force approval of the Keystone XL pipeline.

The House Energy and Commerce Committee will take up the legislation Tuesday during what promises to be a lengthy session. Committee members delivered their opening statements Monday, with both sides hitting various pros and cons of the project.

Republicans focused on the $7 billion project's impact on job creation and energy security, while Democrats talked more about the potential environmental risks.

The 1,700-mile pipeline would transport tar sands oil from Canada to Gulf Coast refineries.

FULL story at link.

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Testy pipeline (Keystone XL) debate expected (amendment oil traveling through it stays in USA) (Original Post) Omaha Steve Feb 2012 OP
Smart move. Firebrand Gary Feb 2012 #1
Good idea. It should stay in N America. n/t Johnson20 Feb 2012 #2
So how do you guarantee a fungible commodity like oil's provenance? Scruffy1 Feb 2012 #5
while we're at it, how about some good ol' American steel required? wordpix Feb 2012 #3
Should also guarantee that the jobs created are Union jobs Bluzmann57 Feb 2012 #4

Firebrand Gary

(5,044 posts)
1. Smart move.
Tue Feb 7, 2012, 10:26 AM
Feb 2012

The GOP is going to have a very hard time explaining why that oil must go outside the country. Especially considering that the vast majority of Americans will understand that if that oil stays in the US it would dramatically reduce the price of oil for a hundred years.

After all, the Alberta tar sands are supposed to be north Americas "Saudi Arabia" right?

Scruffy1

(3,255 posts)
5. So how do you guarantee a fungible commodity like oil's provenance?
Tue Feb 7, 2012, 11:42 AM
Feb 2012

Maybe one should think about that even if that oil staid in the USA, an equivalent amount is shipped out from another source. Of course, it's academic since a country that produces about 6% of the world's oil, but uses 25% has no control over price or supply.

wordpix

(18,652 posts)
3. while we're at it, how about some good ol' American steel required?
Tue Feb 7, 2012, 10:41 AM
Feb 2012

Instead of the thin imported stuff TransCanada wanted to get a waiver for when it made its early proposal.

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