Friday, March 22, 2013

WILL A LOT OF THE OIL FROM THE XL PIPELINE LEAVE THE COUNTRY AS THE NORTH SLOPE OIL DOES?



     Several others have asked the same question. Will it?
     I know there's a planned refinery to be created in the area of Patoka, Illinois, with a connection to the XL Pipeline once it starts. Aside from that, it appears it will not be interrupted again until it reaches the refinery that's located and connected to the Shipping Port at the Gulf of Mexico. It would be interesting to know where it goes from there.
     The delay by Obama could be for several different reasons, and some for his own personal gain financially.
     One could also be for the sake of the EPA's agenda, to promote alternative energy in which those members may have a monetary stake in the development of. Another could be to enhance the opportunities China might have behind "Closed doors" with Obama. (He's a "Behind closed doors" kind of a guy, you might have already noticed) By him delaying the project, Canada sells interests in the Oil still in the ground to China, whereby whatever oil that we end up with has to go up in price with China being the "Middle man."
     The other could be because Warren Buffet, being a railroad tycoon among other things, would like to transport the oil by railroad instead of it going by pipeline. Another possible monetary advantage for Obama once he rides off into the Sunset. By any of these alternative means, They will be digging deeper into the pockets of us who will end up paying the asking price, no matter what!
     Our greatest weakness in the U.S. economy is the export of raw minerals and material out of the country instead of processing it as a finished product here.
     As it stands, we are continually allowing the International Companies to exploit our resources and ship them everywhere else. By paying little more than Royalties here, they reap bigger profits through lower labor costs elsewhere.
     The only time our products should leave this country is after we've satisfied our needs here first.  The International Companies such as G.E. who don't pay one dime in income tax here, even though they do business here, is outrageous.
     In allowing this, we've eliminated the millions of jobs that would normally be here. If our elected officials were less on the "take" and more for the people, they would regulate all raw materials leaving our country, to the point that the cost of them reaching their destinations somewhere else, would require them to pay more for the finished product than we could produce and sell them for, here.
     In signing the "Free Trade Agreement", we allowed our politicians to sign our death warrant in the existence of the working class, in our great country.
     America would be back to work in a hurry, and enable the Local industries to thrive and pay decent wages once again.
     The rest of the modern world would again be catering to us, instead of us buying our products from them, including China.
     The greatest favor we could ever do for our youth and upcoming generation of entrepreneurs is requiring  them to receive courses in simple economics and the value of 'productive dollars', and not putting those same dollars in the hands of Gov't just to be recycled back to us at 40 cents on the dollar by the time they're through wasting them.
     Proper regulations should be where they really belong, on behalf of the consumer, instead of the Exploiters.
     Just sayin'.
    

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