tag:blogger.com,1999:blog-6399730406480392183.post118773202508574211..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: The Senate, Pipelines and Oil MoneyA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6399730406480392183.post-37121331631514066252014-12-30T08:27:39.119-04:002014-12-30T08:27:39.119-04:00I tend to agree that falling oil prices have made ...I tend to agree that falling oil prices have made the project dead on arrival. How lower oil prices effect a particular nation will vary and will effect both their currency and how competitive are going forward. The recent decision by OPEC members to keep their production ceiling unchanged has sent crude prices into a tailspin. Dropping oil prices add a surprising new dimension to the world financial system by directly injecting massive instability. <br /><br />While often heralded as a godsend to the economy and the end consumer we must remember lower prices hurt both producers and those in the business of oil exploration, drilling, and sales. The shale boom has been one of the bright spots in the economy in recent years and acted as a tailwind that accounted for much of America's growth. Expect this to come to an abrupt halt and with it thousands of jobs. The article below explores the economic damage lower oil prices can foster.<br /><br />http://brucewilds.blogspot.com/2014/11/dropping-oil-prices-increase-risk-to.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-3030889818890047332014-12-29T12:45:19.843-04:002014-12-29T12:45:19.843-04:00I dont have a blog but if you google Warren Buffet...I dont have a blog but if you google Warren Buffet and railroad you can see he owns alot of the rails. He is also a huge Democrat donor. you can goolge that for plently of info. The biggest thing is common sense by that i mean follow the money, who will make money on a deal and who will lose money on a deal these are the questions to ask when anything is going on in local or national politics.I guess once you start to pay attention most things kind of fall in to place and make sense if you follow the money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-90711269521846584612014-12-25T13:22:34.363-04:002014-12-25T13:22:34.363-04:00To Anonymous - regarding your comment about why th...To Anonymous - regarding your comment about why the Dems voted against Keystone. While your premise has theoretical merit, I would like to see the same kind of data regarding contributions from Buffet to the no voters, in order to see if the correlation is anywhere near the same as the oil money to pro pipeline voters correlation. Louhttps://www.blogger.com/profile/16921272873254704396noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-83568123823337006742014-12-24T13:07:50.335-04:002014-12-24T13:07:50.335-04:00tar sands are coming going to the US Gulf coast vi...tar sands are coming going to the US Gulf coast via the Alberta Clipper, Enbridge Line 4 and Flanigan South...with the cost of extracting bitumen running between $85 and $105, production will be shutting down soon and Keystone will be moot...if it's approved now, Transcanada will delay or cancel the project..rjshttps://www.blogger.com/profile/15681812432224138582noreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-2600302482875686892014-12-24T12:50:12.988-04:002014-12-24T12:50:12.988-04:00What your missing is the why are the Democrats vot...What your missing is the why are the Democrats voting against Keystone XL? Warren Buffet and the railroad industries money is why. Rail is how much of the oil is currently being transported. You really think the environment matters? This is just a struggle between two ultra rich factions. As if the common man mattered. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-36497791020654161972014-12-24T10:49:28.842-04:002014-12-24T10:49:28.842-04:00Good work my friend! Keep posting and I will conti...Good work my friend! Keep posting and I will continue reading. Rjkcfphttps://www.blogger.com/profile/02352905661458674520noreply@blogger.com