Oldmangamer_73 :
You guys are getting it all wrong. Obama will approve the permit, just not this year.
DING! This is the truth of the matter, regardless of how you dice it up; oil money, lubing up congress, will get it's way.
JAYDEEJOHN :
I think people need to quit reading
:lol:
I'm not sure what you meant by this but it's hard to look at it with any seriousness.
Wip99gt, don't bring hybrids into this, it's a total straw man and have nothing to do with the topic at hand. Any person who has a clue about the tech knows that the battery production is just as, if not more, toxic than petroleum driven vehicles.
However I totally agree with your last statement and have to share this:
OMG, that is entirely debatable considering that Canada is already selling their oil to China, with no stipulations on the trade. I found this out from a friend of mine up in BC and had no idea on the quantities being shipped over, so really, Trans Canada just stands to make more money plain and simple.
Now to take the benefit of the doubt, let's say that this pipeline actually does create more jobs but we'll stay on the conservative end and say 10,000, which is still heavily inflated. That means it would only actually effect unemployment number by less than 1%. I know every little bit helps, and I'll concede that, but it just stands to make the rich richer, nothing new, nothing truly gained.
Ars talks about the fact that nothing is going to change any time soon (in prices), regardless of what discoveries are made, because "peak oil" has already happened, it comes more down to what reserves are economically viable:
"We are not running out of oil," the authors argue, "but we are running out of oil that can be produced easily and cheaply." This creates significant delays before any of the new reserves can be tapped, and it limits the amount of oil that can be economically extracted from them.
http://arstechnica.com/science/news/2012/01/weve-hit-peak-oil-now-comes-permanent-price-volatility.ars
I also dug up a couple cartoons that caught my eye as of late, this one from politico:
This one from NPR, although originally on politico:
They speak for themselves.
Oh, and this is directly from the Washington Post link that Wanamingo posted:
A TransCanada statement Sept. 30 said the project would be “stimulating over 14,400 person years of employment” in Oklahoma alone. It cited a study by Ray Perryman, a Texas-based consultant to TransCanada, saying the pipeline would create “250,000 permanent jobs for U.S. workers.”
But Perryman was including a vast number of jobs far removed from the industry. Using that technique in a report on the impact of wind farms, Perryman counted jobs for dancers, choreographers and speech therapists.
Garbage in, garbage out.
PS
Wanamingo that Cornell University link actually takes us to Urban Outfitters, can you correct that as I'd like to read it. Thanks man!