is it possible to see a turn in long standing mideast policy of instead of waging war for more oil production, that we may wage war to curtail oil production from anti-american groups ? Saudis ought to be carefull what they wish for.
the issue is not whether its a fire risk or not but the total environmental damage from transport. The exxon valdex and the BP deep water are bigger risks than a few fires considering that fires always burn out.
rails get derailed, tanker trucks crash they will all spill someplace a properly constructed and maintained pipeline has less SPILL risk than other means.
Thiose are facts despite your obvious hate against tar sands.
If I were god I would instruct the canadians to build their own refineries next to the tar sands and export their own oil. Apparently thats not competitive.
would you rather have spills from truck, train or tanker ?
whether you like it or not canada tar sands oil is going to move as long as the price is right. So whats the safest way ??
wow great opportunistic pickup by kinder. I'll bet Harold Hamm really needed the sale with the divorce and the premature covering of hedge positions
hey dumbo its a matter of "Last Man Standing" after the price war is done.
If this price war goes deep enough what do you think the price for gasoline will be after wards ?
kmi was a c-corp,
kmi is a c-corp
kmi will be a c-corp untill it gets bought out or taken private (neither events likely)
probably better now not to drip, but to reinvest the divs into the carnage in the energy sector. There are a lot of compelling values out there, just have to figure out which ones will survive.
Especially important for me since I am overbalanced in kinder and need to diversify a bit.
if the canadians are willing to pay for the infrastructure to pipe from canada to the gulf, LET THEM pay for it. If oil stays low for a while and tar sands becomes priced out of the market we still have a functioning pipeline to use. When oil rebounds our refineries can make the crack spread on the tar sands oil, and it will help to keep up the global supply over the long term.
Oil will go back up, the only question is when and how much