House Passes GOP Bill To Bypass President To Speed Approval Of Keystone XL Oil Pipeline

This thing really needs to be built, but it has to be done right. No cut corners, and with as little environmental fallback as possible.

It will get built, but the problem is that: corners will be cut and the environment will take a backseat to costs and profit. This is America afterall.

 

General question about the pipeline assuming it's built:

Do the counties it passes through get any kind of tax income off the pipeline?

 

To be more specific, one of the biggest winners would be the Saudi Government. Who knew that the world's #1 oil supplier was so well setup to skim profits off of the world's future #1 oil supplier.

Port Author Refiner (Motiva)

The Port Arthur Refinery is an oil refinery located in Port Arthur, Texas. It is currently the largest oil refinery in the United States.

On January 1, 1989, Saudi Refining, Inc. purchased 50% of the Port Arthur refinery (and two others) from Texaco to form a joint venture with Texaco called Star Enterprise. In 2001, Texaco was purchased by Chevron. Shortly thereafter Chevron's interest in this refinery (and two others) was sold to Shell on February 13, 2002. This new joint venture was called Motiva Enterprises LLC. Today, the Motiva Port Arthur Refinery is a joint venture with a 50% ownership between Shell Oil Products US and Saudi Refining Inc. Shell Oil Products is part of Royal Dutch Shell. Saudi Refining is part of Saudi Aramco. Approximately 1,200 people are employed at the site.

The completion of the expansion of the Port Arthur Refinery, officially celebrated on 31 May 2012, increased its crude oil capacity to 600,000 barrels per day – making it the largest refinery in the US. The expansion added 325,000 barrels per day of capacity.

This large and sophisticated refinery has the ability to process a flexible crude diet. It can process heavy, sour, and acid crudes from wherever they become available – initially Saudi Arabia – but also other areas. The refinery can also process shale oil, which is relatively light and sweet crude, if it’s economically attractive. The refinery supplies gasoline, diesel, aviation fuels, and high quality base oils to customers in the US.

 

Instead of just sitting on the thing forever, Obama could extract a bunch of environmental concessions to offset the risks. I think it will eventually get built, so I think he's squandering his leverage here. Though of course, I did hear a conspiracy theory that he's blocking it for Warren Buffett, so that he can ship the oil by train.

I don't think so. But, local governments who have leverage are sometimes bribed with new schools or parks or other local improvements by the pipeline company.

 

I don't know, but if any oil spills into their water supply, they could definitely sue and win and then not actually get paid for like 20 years.

 

State department raises no environmental objections. Obama, do your job now. Enough of this charade. Let's create those jobs.

http://www.huffingtonpost.com/2014/01/31/keystone-xl-pipeline-report_n_4704388.htmL

 

Let's get more fact about this KXL .

http://politicalcorrection.org/factcheck/201201120011

 

lol dude that site is so biased

 

http://nbcpolitics.nbcnews.com/_news/2014/01/31/22524683-report-keystone-pipeline-would-have-minimal-environmental-impact

Report: Keystone pipeline would have minimal environmental impact

 

I apologize bigtexxx. I didn't see this post.

 

Houston is fully diversified in the marketing, refining, transporting, consulting, design, construction and finance of the entire energy value chain; we consolidated the physical infrastructure the same way New York consolidated banking. Kinder, Enterprise, Plains, ETC and Williams all have Development guys trying to build connections to wells, terminals or other pipelines. Assets and access equals money for someone, especially here.

 

The irony is dripping (get it? Iron....y)


Senate Republicans Block Amendment Requiring Steel for Keystone XL Pipeline to be Made in America

It [the bill] would have required that all of the steel used to construct the pipeline be American made. Haven’t Republicans been pushing this as a “job creator” (even though it’s not) since this whole debate started? So, when a Senator proposes an amendment stating that if we end up building this pipeline, the steel used for its construction must be “Made in America” – Republicans vote against that?

 

So Obama was doing his job by not being a sucker and falling for the banana in the American people's tailpipe...

 

I thought most of the pipe was already manufactured by an Indian company called Welspun Tubular. Its basically been sitting in there yard in Little Rock, Arkansas for years.

 

So if that's true, how were they intending on creating jobs...?

 

Property owners get right-of-way payments, and a new onshore pipeline could have ~$1MM/mile construction cost, so I imagine that's separate taxable property value to county. Storage fields are different, but only at the discretion and choosing of the regulating state. My first company out of school had two storage fields in Kansas and we had to pay Ad Valorem Tax on the physical inventory.

 

In my opinion, the whole country benefits because we can sell oil and gas to Europe and Asia all day long. Europeans don't like being dependent on Russian oil while at the same time they can trust continuing supplies coming from the U.S. We can quickly replace a number of Mideast/OPEC nations, particularly Iran and Iraq, That should go a long way in reducing our national debt in years to come.

 

You need people to actually put it in the ground.

This made in america stuff is just another way of stalling

 

Yeap, something like 2-3k temp construction jobs for 1-2 years.

 

More like 42,000 jobs