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LonePirate

(13,386 posts)
3. If oil and gas are going to be considerably cheaper, then why do need the Keystone pipeline?
Mon Oct 20, 2014, 02:33 PM
Oct 2014

Of course, you would need to assume the pipeline would have an impact on oil prices.

And global warming will accelerate. But at least I can drive to my doom with cheap gas. Comrade Grumpy Oct 2014 #1
Depends. Some of this is from less demand. We will have to see how it shakes out. nt stevenleser Oct 2014 #2
If oil and gas are going to be considerably cheaper, then why do need the Keystone pipeline? LonePirate Oct 2014 #3
Oil from tar sands and shale costs more to extract upaloopa Oct 2014 #8
That would be below $70 for sure Yo_Mama Oct 2014 #33
It's been a long time since we had price war over oil. bemildred Oct 2014 #4
Interesting times ahead, indeed. Ykcutnek Oct 2014 #5
From the 1st link ... 1StrongBlackMan Oct 2014 #6
We're trying to do the same thing! Blue_Adept Oct 2014 #30
Does Obama get the credit? rickford66 Oct 2014 #7
From Republicans? Bahahahahahahah stevenleser Oct 2014 #13
Thanks, I needed that. rickford66 Oct 2014 #19
It's amazing who took notice when America went Oil positive Schema Thing Oct 2014 #9
Thomas Friedman seems to think it was a deliberate swipe at Russia and Iran stevenleser Oct 2014 #12
The Saudi's may be "allies" in the swipe at Russia and Iran Schema Thing Oct 2014 #20
come on 60 strawberries Oct 2014 #10
The positive effects on the US economy can't be overstated. It would be overwhelming. stevenleser Oct 2014 #11
The effects would clearly be overwhelming. Overwhelmingly BAD NickB79 Oct 2014 #15
I have heard one concern is deflation davidpdx Oct 2014 #24
I think the demand from new hired workers would work to counter that, AND once the stevenleser Oct 2014 #35
$60/barrel oil will kill the oil boom in N. Dakota NickB79 Oct 2014 #14
This, if OPEC allows it, would be to kill US production FLPanhandle Oct 2014 #16
The solution customerserviceguy Oct 2014 #26
Domestic production would decrease and less incentive Dawson Leery Oct 2014 #17
Maybe less incentive, but many consumers will still invest in solar and wind, etc. Tikki Oct 2014 #22
If it does it could turn our economy around in a real way herding cats Oct 2014 #18
This message was self-deleted by its author KinMd Oct 2014 #21
Woohoo... Screw Musk, Tesla, the Battery Gigafactory and transitioning to sustainable energy !!! Fumesucker Oct 2014 #23
Not really. Even at $2.75 a gallon of gas, a Tesla is attractive stevenleser Oct 2014 #25
Remember the gas price jump back in 2008? Fumesucker Oct 2014 #27
The cheaper energy is, the easier it is to waste The2ndWheel Oct 2014 #28
Somehow I suspect Europe and most of the rest of the world will resist buying F150s Fumesucker Oct 2014 #29
You know that KW is not a real thing, right? A HERETIC I AM Oct 2014 #31
That's why I love DU... Fumesucker Oct 2014 #32
Europe and the rest of the world are different than the US The2ndWheel Oct 2014 #34
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