Trump’s call for ‘energy dominance’ likely to run into real-world limits

[shtferbrains]

So Trump wants $2.00 per gallon of gas in the US. The only way to do that is with lower cost oil.

If renewables make economic sense, he added, “they’ll continue.”[/B]

Who can argue with that?

I've got a hybrid Chuck.
I need a Fck Trudeau bumper sticker.

We don't have any money left for all the subsidies and regulations.

Time to get back to buisness.

[chuckChuck]

So do you think Danny Smith wants crude oil to drop by 40%?

Now for the full story which you cut short on purpose!

While Trump mocks the climate law as the “green new scam,” he is unlikely to repeal it, Yucel and other experts said. One reason: Most of its investments and jobs are in Republican congressional districts. GOP members of Congress have urged House Speaker Mike Johnson to retain the law, which passed with only Democratic votes.

“A lot of Southern states are telling Trump, `We actually like renewables,”' Yucel said, noting that Republican-led states have added thousands of jobs in recent years in wind, solar and battery power.

If renewables make economic sense, he added, “they’ll continue.”

And Texas apparently thinks they are a good investment!

[shtferbrains]

[QUOTE=chuckChuck;n807631][B]So do you think Danny Smith wants crude oil to drop
by 40%?

Your a socialist Chuck.
You experience things differently.

I think she is looking forward to Keystone XL.

WCS/WTI basis will close.

Just think how good it will be with Trudeau gone and Crypto changing thing up.

[fjlip]

If lower cost energy is SO WRONG, what should we want to happen?

Give your opinion/solution, not just RANT and RANT how bad things will be!

You are a stuck record....we are all waiting

[chuckChuck]

The Keystone XL wont be revived with tariffs on Canadian oil! Even without tariffs who wants to invest in a pipeline that isn't even supported that much in the US? The political risk is too high.

A one year term Trump is already a lame duck with mid terms just over 2 years away. It will take years to revive the Keystone.

And why would any oil company want to be more dependent on the US when other markets that don't threaten or impose tariffs also want our oil?

Lower quality WCS will never be priced the same as WTI!

My you guys live in dreamland!

[shtferbrains]

So to sum it all up your saying out of control immigration and drug trafficking is going to ruin us?

[AlbertaFarmer5]

I wouldn't waste much effort trying to have a meaningful discussion about this topic with someone who doesn't apparently understand that the US refineries are set up for the type of heavy crude coming from the oil sands, while the fracking revolution is producing almost exclusively light sweet oil. Necessitating imports from somewhere blend with. That somewhere is no longer Venezuela given the collapse in output.

[fjlip]

The Keystone XL wont be revived with tariffs on Canadian oil! Even without tariffs who wants to invest in a pipeline that isn't even supported that much in the US? The political risk is too high.

A one year term Trump is already a lame duck with mid terms just over 2 years away. It will take years to revive the Keystone.

And why would any oil company want to be more dependent on the US when other markets that don't threaten or impose tariffs also want our oil?

Lower quality WCS will never be priced the same as WTI!

My you guys live in dreamland!

All the paperwork, approvals are done. Pipeline is in the ground, only a few feet to finish to Canada, take a week to connect.

[LEP]

All the paperwork, approvals are done. Pipeline is in the ground, only a few feet to finish to Canada, take a week to connect.

They have gone south of Oyen just across the saskatchewan border, I believe. They still have a few hundred miles in Canada and several hundred in the US.

Not sure if it is correct but CBC is reporting that the easements have reverted back to the land owners.

Anyway. Not super quick to complete.

2 or 3 years maybe, but not 10.

[shtferbrains]

The Keystone XL wont be revived with tariffs on Canadian oil! Even without tariffs who wants to invest in a pipeline that isn't even supported that much in the US? The political risk is too high.

A one year term Trump is already a lame duck with mid terms just over 2 years away. It will take years to revive the Keystone.

And why would any oil company want to be more dependent on the US when other markets that don't threaten or impose tariffs also want our oil?

Lower quality WCS will never be priced the same as WTI!

My you guys live in dreamland!

You have this whole deal figured out.

You sound like your ready to start trading oil futures with your extensive knowledge of the industry?