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View Diary: Ron Wyden and Lisa Murkowski see possible partnership on energy policy. But what kind? (35 comments)

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  •  Because of high extraction costs? (1+ / 0-)
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    I've been making this argument for more than a year.

    "Energy independence" is the industry's big lie. Because of their high extraction costs these resources are strictly economically dependent on high prices in global crude markets. I.e. Shell (etc.) only takes its narrow margins on Canadian tar sands or Dakota shale oil if it still makes bigger margins on its contracts with OPEC nations.

    Passive renunciation is not the whole of wisdom.

    by play jurist on Tue Nov 20, 2012 at 01:54:52 AM PST

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    •  Not just the cost, but the energy spent doing it (0+ / 0-)

      and the environmental damage with this and most certainly with gas fracking. It's such a Neanderthal approach, isn't it?

      202-224-3121 to Congress in D.C. USE it! You can tell how big a person is by what it takes to discourage them. "We're not perfect, but they're nuts."--Barney Frank 01/02/2012

      by cany on Tue Nov 20, 2012 at 02:47:02 AM PST

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