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View Diary: Good news/bad news on Keystone XL: Biden is opposed, but says he is in the minority (75 comments)

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  •  Setting aside the obvious environmental impact (4+ / 0-)
    Recommended by:
    pat bunny, cocinero, hester, Icicle68

    KXL is going to RAISE GAS PRICES!

    Transcanada said so themselves!  Why would we let them build this stupid thing knowing it's going increase the cost of gas for the Midwest and subsequently all products that come from the Midwest?!?!?!?!

    •  Absolutely. In order for the tar sand disasters to (1+ / 0-)
      Recommended by:

      be profitable oil prices need to go up--and stay up.
      At around $70 a barrel the KXL Masters of Disaster may only break even. To get squeeze profit from this debacle they need oil at $90 plus. Higher gas prices are necessary for KXL to work. That is the plan.  

      -4.38, -7.64 Voyager 1: proof that what goes up never comes down.

      by pat bunny on Thu May 09, 2013 at 05:34:25 PM PDT

      [ Parent ]

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