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Who Needs The Pipeline?

Posted: Sat Jan 09, 2016 8:42 am
by snakeoil
A deepening oil market slump is adding fresh pain for producers of the world’s cheapest crude, raising the prospect that more production will be curtailed.

Spot prices for the Western Canadian Select grade fell to $19.81 a barrel on Wednesday, the lowest since tracking began in 2008, according to data compiled by Bloomberg. The benchmark, made up of heavy conventional production and bitumen blended with synthetic crude and condensate, fell with global grades after U.S. gasoline inventories surged the most in 22 years and crude supplies at the American storage hub in Oklahoma climbed to a record
http://davidstockmanscontracorner.com/g ... -81barrel/" onclick="window.open(this.href);return false;

Canadian tar sands oil is to crude oil as the Yugo is to the auto world.

Re: Who Needs The Pipeline?

Posted: Sat Jan 09, 2016 9:15 am
by RealJustme
fluctuation

Re: Who Needs The Pipeline?

Posted: Sat Jan 09, 2016 2:09 pm
by sillydaddy
We are already burning 10% ethanol in our cars.....how much worse can it get?

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 8:22 am
by snakeoil
Now the company that wanted the pipeline is suing the USA for billions of dollars because we canceled the pipeline that would transport oil that no one wants.

http://www.reuters.com/article/us-trans ... JG20160107" onclick="window.open(this.href);return false;

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 8:28 am
by Grog
The Chinese wanted it.

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 8:38 am
by johnforbes
Grog has taken the crack pipe many a time.

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 9:22 am
by Grog
Well, we know the type of pipe Forbes has savored more times than can be counted. :lol:

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 10:30 am
by johnforbes
Oil be darned.

That Grog is entirely enmeshed and enveloped and encompassed by gay ideation.

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 12:02 pm
by Grog
I'm sure that's one of your fetid fantasies. lol

Re: Who Needs The Pipeline?

Posted: Sun Jan 10, 2016 12:46 pm
by sillydaddy
Only Grog would look at a barrel of oil and see a phallic symbol :lol:

Must be easy for you, eh Grog :lol: