Article

2022-04-06 Economy

Report: Biden Desperate for Oil from Canada, Just Not Thru Keystone XL Pipeline

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Posted by Skidmark 2022-04-06 00:44|| || Front Page|| [5 views ] Top
File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats

#1 And who owns tons of those railroad tanker cars?

Posted by Procopius2k 2022-04-06 06:50|| 2022-04-06 06:50|| Front Page Top

#2 Warren Buffet owns a bunch.

Posted by Besoeker 2022-04-06 07:02|| 2022-04-06 07:02|| Front Page Top

#3
Railroad Political donations

Posted by NN2N1 2022-04-06 07:48|| 2022-04-06 07:48|| Front Page Top

#4 It will be interesting to see how much more traffic the lines can support: a back of the envelope math problem showed me last year it would require 100+ trains of >100 cars to equal daily Keystone output, but somehow i think any train count >25 daily is a pipedream, at least in short term. Even longer PSR driven trains. Siding length and single track will be limiting factors.

Posted by USN, Ret. 2022-04-06 08:49|| 2022-04-06 08:49|| Front Page Top

#5 I can only hope Churchill was right. "After they have exhausted all the other possibilities, the Americans will do the right thing."

Posted by M. Murcek 2022-04-06 08:52|| 2022-04-06 08:52|| Front Page Top

#6
Eg.
Locust Grove GA. regularly has 25-30 trains a day. Many with 100+ rail cars, being pulled by 3 or 4 engines. We have counted 110+ on many occasions. The reason is it is the many rail line coming up from GA and Fla. Harbor or taking WV coal to the Southern Company Power plants still burning it further south.

Posted by NN2N1 2022-04-06 11:59|| 2022-04-06 11:59|| Front Page Top

#7 Florida only has sand, gravel and phosphate to ship. The current hysteria about fertilizer says it's mostly phosphate.

Posted by M. Murcek 2022-04-06 12:01|| 2022-04-06 12:01|| Front Page Top

#8 Buffett and Gates have made a tidy sum betting against Keystone with their railroad investments.

Just like JPMorgan and Goldman Sachs making a killing buying up Russian debt in the last few weeks.... each has made over $100 million in trading profits recently

Posted by Wholuling Smith6575 2022-04-06 12:55|| 2022-04-06 12:55|| Front Page Top

#9 ^ Yes, lots of politicians own Boofay shares, and "their people" tell them which way to vote for the good of their "investments."

Posted by M. Murcek 2022-04-06 12:57|| 2022-04-06 12:57|| Front Page Top

#10 Bill Gates wants the pipeline to run thru his farmland.

Why Is Bill Gates Investing in Farmland? How Much Does He Own?

Posted by Skidmark 2022-04-06 13:51|| 2022-04-06 13:51|| Front Page Top

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