I don't live there and Im not an indian. I don't care about the environmental impact
If it means cheaper gas. why not
Im so sick of this mentality this is why the world is such a shytty place.
Trump Pushing Forward Dakota Access Pipeline
- Thread starter BocaRear
- Start date
Im so sick of this mentality this is why the world is such a shytty place.
Trot LaRoc
Superstar
Anyone who thought this wasnt gonna go thru is a goddamn fool.
Money talks, bullshyt walks.
Cash Rules, still dont nothin move but tha $$$
Money talks, bullshyt walks.
Cash Rules, still dont nothin move but tha $$$
Koapa
Superstar
I don't live there and Im not an indian. I don't care about the environmental impact
If it means cheaper gas. why not
Gas is already cheap. If you cant afford it now, you lost and need to do better.
Right cause who gives a fukk about sacred lands or environmental hell for anyone in its path when there's a few bucks to be made right?
When the inevitable spill or disaster happens maybe they can bring Christie or Jindall or Scott in to ensure the taxpayer has to live in it and pay for the majority of the cleanup too.
Wouldn't want one of those execs to make 3999% profit instead of 4000%. It costs money to but these politicians you know.
When the inevitable spill or disaster happens maybe they can bring Christie or Jindall or Scott in to ensure the taxpayer has to live in it and pay for the majority of the cleanup too.
Wouldn't want one of those execs to make 3999% profit instead of 4000%. It costs money to but these politicians you know.
Trot LaRoc
Superstar
I don't live there and Im not an indian. I don't care about the environmental impact
If it means cheaper gas. why not
Cacs said tha same shyt when they fucced up Flint's water to save a little money.
I don't live there and Im not an indian. I don't care about the environmental impact
If it means cheaper gas. why not
People like you need to be purged.
sportscribe
Superstar
The US has been a net exporter of oil for a while now. This more or less makes the US energy independent, but not really sure what the overall macroeconomic ramifications will be. I think this more or less will make gas cheaper at the pump for US consumers, but the controversy is the environmental impact of the pipeline.
richaveli83
Veteran
Exactly! This was going to happen even if Hillary Clinton would have won.
The price per barrel, which usually translates to cheaper petrol prices at the pump for consumers. Happens through a few avenues.
1. Speculators fear American self-sufficiency on oil, and seeing as America is a big market for oil, the speculators get bearish (essentially they believe Oil as a stock/commodity will fall in prices). Oil prices fall, petrol prices fall as well. For countries dependent on oil for revenue i.e. Nigeria, Venezuela, Norway, Mexico, Russia, UAE etc This does a number on their balance sheets. Some will cope better than other i.e. Canada, Norway, UAE etc due to social net policies, sovereign wealth funds (essentially like a state-owned rainy day account) and diversified economies. Some will falter i.e. Nigeria, Venezuela etc.
2. As the US looks to enter the oil market, OPEC, which is largely controlled by Saudi Arabia and the middle Eastern oil producing states, will flood the market with that "cheap work" to paraphrase the great Gucci La Flare. Cheap oil means little to no margins for the US shale oil industry, so it comes to a halt. However, flooding the market with cheap oil is only a temporary fix, especially if the Trump administration subsidizes the shale industry.
Congress only lifted the 40-year ban last year Jan 2016. Yes, the US is a net exporter but the amounts are so little that it (the US) is never really seen as being a proper oil exporting country like Algeria, Canada, Saudi Arabia etc.
First thing I can say is there will be a surge of more jobs along the Keystone pipeline region, so from Texas all the way to ND. Prices at the pump will drop as well.
Environmental impact tho.......
Koapa
Superstar
On this particular issue, a Dem president would not have signed off.
The funny about this pipeline, it aint just Native Americans bytching about the land grab, its white people in Texas bytchin too. They land snatching them too.
Trot LaRoc
Superstar
Its not like gas is gonna down to .99 like tha late 90s....it'll go down .25-.30 max
But hey cats like therealFakkit can afford to supersize their fries now
But hey cats like therealFakkit can afford to supersize their fries now
more added co2 in the atmosphere leading to depletion of polar ice caps, ozone depletion and more intense storms , potential ecological damage lasting generations and land taken away from the inhabitants all for a $.40 decrease at the pump
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