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Could Oil Pipelines Be Headed For Extinction? 

Bloomberg Originals
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With the development of renewable energy accelerating, the pipeline business increasingly finds itself against the ropes. The Biden administration dealt a death blow to Keystone XL, and the fate of similar projects remains uncertain. As fossil fuel dependency begins to wane, this multibillion dollar industry could soon go the way of the dinosaurs.
#Breakdown #Oil #BloombergQuicktake
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8 сен 2024

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Комментарии : 1,3 тыс.   
@chrise7180
@chrise7180 3 года назад
"You know the drill" haha nice
@louisrafaelcom
@louisrafaelcom 3 года назад
Yeah that bordered on dad jokes.😂
@Joel-ee4yh
@Joel-ee4yh 3 года назад
I'm surprised they didn't call themselves out on that one 😂
@HoneyBadger1779
@HoneyBadger1779 3 года назад
"Boo!" (Patrick Star thumbs 🧽 down meme)
@EvanMoon
@EvanMoon 3 года назад
What drill?
@paulinelarson465
@paulinelarson465 3 года назад
Nice "Bit"
@albertofernandez4701
@albertofernandez4701 3 года назад
"Fossil fuels, you know the drill" *Comedy has been accomplished*
@isiahfriedlander5559
@isiahfriedlander5559 3 года назад
Exactly
@treebeard7140
@treebeard7140 3 года назад
My first thought "oh I see what you did there"
@farrukh_taqveem
@farrukh_taqveem 3 года назад
" Stone age didn't end because we ran out of stones. Same goes for oil age "
@pluto8404
@pluto8404 3 года назад
I like your coat, is it polyester?
@phantomofspaceopera
@phantomofspaceopera 3 года назад
Renewable prices have decreased 90% in the last decade. It's now cheaper to build a new solar plant than continue to run an existing coal one. There are also lots of solutions for intermittent renewable electricity, include batteries (also lowering in cost), and pumped hydro.
@farrukh_taqveem
@farrukh_taqveem 3 года назад
The fact that Saudi Arabia is spending huge money on attracting tourists tells me that Green Energy is comin sooner.
@alenpaul2523
@alenpaul2523 3 года назад
@@farrukh_taqveem green is buzz nowadays
@lcmiracle
@lcmiracle 3 года назад
@key peele Out-dated data misrepresented to support the establishment. Well done, well done.
@zeapap
@zeapap 3 года назад
Change is necessary, but making batteries and power generators is not necessarily a clean process.
@BlackMan614
@BlackMan614 3 года назад
They don't talk about it because the pipelines are in the US - those heavy metals mines are in Africa, Indonesia, China and South America. These people could care less about these countries and the coming environmental catastrophe.
@hydrolifetech7911
@hydrolifetech7911 3 года назад
@@BlackMan614 but they do talk about it. It's just that you only listen to what you want to hear
@tylernorby4939
@tylernorby4939 3 года назад
Manufacturing pipelines, refineries, and plants to actually make end products like plastics is not a clean process either. Transporting fuel for vehicles is also not clean and incredibly ineffective compared to an electrical grid carrying electricity to a home or charge point. Net emissions from an EV vs ICE rolling out the of factory is higher for the EV but within just a few years the total emissions are WAY in favor of the EV due to both efficiency and the ability to use clean energy.
@davefroman4700
@davefroman4700 3 года назад
Its a one time extraction of resources that lasts for 25 years. No fuel source can match it. And unlike oil? We have the ability to recycle these things and reclaim those resources.
@marissadower-morgan3313
@marissadower-morgan3313 3 года назад
Yes I agree , wait till they realize that Lithium Batteries are ruining our planet
@QuestionEverythingButWHY
@QuestionEverythingButWHY 3 года назад
“Society grows great when old men plant trees whose shade they know they shall never sit in.” ― Anonymous Greek Proverb
@esgee3829
@esgee3829 3 года назад
Most people only like their own grandkids and have no interest whatsoever in supporting yours. - me
@idonowhattoputhere23
@idonowhattoputhere23 3 года назад
@es gee We don't need your support, we need boomers to stop actively destroying our future
@freddofrog9892
@freddofrog9892 3 года назад
Karl Pilkington 😂
@sunnohh
@sunnohh 3 года назад
@@esgee3829 but you cant keep your grandkids alive while killing everyone else’s, they are all going to die in an extreme weather event together
@raylopez99
@raylopez99 3 года назад
Never heard of it myself. As for this pipeline, more carbon will be introduced into the environment by the trucks and trains that transport this heavy oil than by the pipeline. Here's another Greek proverb: "“Win by persuasion, not by force”, which the Keystone protesters didn't heed.
@csasza76
@csasza76 3 года назад
No pipeline, but use the some amount of oil day-by-day = transport the oil by boat, trail and truck, which is much more harmful to the environment. Reusable energy is the best, but will not be replace it for many tens of years.
@MDP1702
@MDP1702 3 года назад
In 20 years most road transport and much of sea transport will either be electrified or use green fuel, oil will by then mostly be used for things like the petrochemical industry. Don't underestimate how fast a transition can happen. By 2025 EV's are expected to reach price parity with fossil fuel cars. Renewables already are less expensive than most other forms of power generation. Their main drawback is variability and the consequent system costs (back-up plants, storage, grid infrastructure, ...), but grid storage should be lowered enough around 2030-2035 to make renewables+storage competitive with almost any other power generation source.
@bademoxy
@bademoxy 3 года назад
@@MDP1702 Ontario's "green plan" solar and wind energy cost 8 times more than nuclear, putting Ontarians into public debt for generations. Socialism at work, wiping out one western jurisdiction at a time.
@upvotecomment2110
@upvotecomment2110 3 года назад
@@bademoxy how is that Socialism? Plus, I'm pretty sure with the rate of technological advancement That we'll be more efficient in energy, and creating these technology
@lyokianhitchhiker
@lyokianhitchhiker 3 года назад
Nuclear.
@StashMc
@StashMc 3 года назад
ask buffet and his trains
@stephaneperron9852
@stephaneperron9852 3 года назад
The thing is - The KXL doesn't stop oil sands production but it does stop other forms of oil production, particularly in the Canadian Bakken region where sweet crude is produced. When Obama said that the KXL doesn't serve US interest he was specifically referring to the fact that the US has a domestic overproduction (occurring because of new technologies) and that Canada does not have the refining capacity regionally. The KXL would be rendering Canadian non-economically viable companies/production economically viable which would put negative pressure on oil prices and competitive pressure on US producers. Setting aside all environmental impacts, the KXL is a bad business deal for the US and would really only help Canada. If you don't believe me, have a look at any Jason Kenney speeches in this regard. He is truly a Canadian disaster/embarrassment.
@jeromebarry1741
@jeromebarry1741 3 года назад
Remember that time a Canadian train hauling Canadian tar sand oil crashed and burned, wiping out a Canadian town? That sucker spilled burning oil all over the local watershed.
@bademoxy
@bademoxy 3 года назад
this will be the result of pipeline cancellation ,while the population becomes poorer and middle class decimated .but then those who are behind the carbon scare/tax scam are almost all Leftist socialists seeking to diminish the West....
@berryberrykixx
@berryberrykixx 3 года назад
I am not sure which one you are talking about but you are describing the same accident that happened at Lac-Mégantic, Quebec. Those trains were and are known in the industry as "bomb trains".
@shoonger001
@shoonger001 3 года назад
@@bademoxy still better then fu ucking up drinking water tables the provide more water then just one town.
@ryandvernychuk7033
@ryandvernychuk7033 3 года назад
@@shoonger001 too bad you weren’t there when it happened pos
@sydgriffin7591
@sydgriffin7591 3 года назад
@@berryberrykixx That's the one he's talking about.
@treebeard7140
@treebeard7140 3 года назад
I hate the idea of a pipeline but I hate more the idea of oil spills much more prevalent from ships and trains transporting it.
@user-qh3fs2gc2t
@user-qh3fs2gc2t 3 года назад
eitther way oil companies make armagedon a reality
@kenlieberman4215
@kenlieberman4215 3 года назад
Pipelines leak, often in remote areas so its less well known.
@txokie11
@txokie11 3 года назад
I hate the idea of 5 dollar a gallon gas
@treebeard7140
@treebeard7140 3 года назад
KEN LIEBERMAN consumers leak a boat load (literally) every year of petrol. If the companies were smart they would blame us like global warming
@kenlieberman4215
@kenlieberman4215 3 года назад
@@treebeard7140 Unless its the boat that goes with your rubber ducky that's b.s. Maybe a few drops on every fillup, but its pretty minor (an regulated to keep it that way). The pipeline was proposed when the U.S. was the world's largest importer, and Canada was are largest supplier. Just a few years later the U.S. became more or less self sufficient, so we don't need the oil. Canada could build there own refineries but they don't want the pollution. Instead they want to pollute the U.S.. The oil refined in the U.S. will sent to Europe etc. Now, the demand for oil decline, not in years but decades, and the ppeline, if built will go bankrupt, possibly in as little as a decade. Who do you think is going to have to pay billions of dollars to dismantle the pipeline and the toxic sludge that always builds up in it(and even more so with tar oil)? The American tax payer. A few people will get rich, and the rest of us will get stuck with a huge bill. This may have made sense 15 yrs ago, but definately not today.
@eaboatnuts76
@eaboatnuts76 3 года назад
Everyone cheers the demise of pipelines, while simultaneously enjoying the heat, transportation, and comfort that they provide....
@gerrycartwright788
@gerrycartwright788 3 года назад
electricity
@THEGLASSMANSWORLD
@THEGLASSMANSWORLD 3 года назад
Until one goes off grid and learns to be self sustainable, they will never know how hard or how easy it can be. My time off grid was fun and easy cuz I have gathered much knowledge on how to do some cool experimental ideas how to live off grid.
@twothreefour234
@twothreefour234 3 года назад
Maybe those against the lines should have their gas shut off and gasoline withheld.
@alessandrodonadi1368
@alessandrodonadi1368 3 года назад
TAR oil is the worst possible extraction method. It uses a lot of energy, destroyes huge plots of land and pollutes huge amounts of water (we are talking about basically the same land occupied by northen italy being rendered an industrial wasteland). Its also located deep into the wildness and it costs energy to get everything in the sites. Its almost dying out by itself as a result of costs of production versus selling prices. Energy production and crude production can be and are being achieved in other ways
@fullaregrets5015
@fullaregrets5015 3 года назад
Destroying the planet to own the libs. Hyuck-hyuck-hyuck. Cry us a river, tarboi.
@davidf7076
@davidf7076 3 года назад
I have worked on pipeline surveying for several years in Alberta. Most coworkers always told me we will always need oil and gas for several years. However, when the contract dries up they tended to blame the premier or the prime minister rather than say the US fracking industry. Some people just don't want to realize their jobs are at stake or limited for a time being.
@salvadorcoling8403
@salvadorcoling8403 3 года назад
Most Canadian Leaders has no imagination. We are exporting Alberta Crude to the south at a discount of more than 10 dollars. If we refine it ourselves and export finished products will fetch more than raw crude prices. Canada is like a third world country like Nigeria.
@Bobandus713
@Bobandus713 3 года назад
Its not just US intervention, innovation in the O&G industry (especially in Alberta) have has a huge effect on jobs in the industry. Tons of people are yearning for 2005, but even if you somehow force the economy to comply, those jobs are never coming back. The days of being paid 100K a year to run a truck from point A to point B are over.
@PrussianZwei
@PrussianZwei 3 года назад
I've worked in the industry for sometime and people in the industry like consistency. Know the job is temporary as many of others do, thing is for me is when projects are announced and it keeps getting delayed constantly then I find its when people start blaming the government
@inurear
@inurear 3 года назад
Special Note: There is a big difference between building a pipeline and banning the import of Hard Crude. The prior is economically the best way to transport crude, the later actually limits the supply. Environmentalists should now figure out how they can block trucks, trains, and decommission the dozen other pipelines that cross the border - otherwise their "victory" simply made the transport of crude less environmentally friendly.
@BernhardWelzel
@BernhardWelzel 3 года назад
the "victory" is for planet earth, as the production of dirty oil from sand is less profitable and therefore might decline. Making it more expensive to transport the oil will mean that alternatives will be found. Problem solved, market style.
@inurear
@inurear 3 года назад
​@@BernhardWelzel Crude Transport Taxes will achieve a much more desirable result allowing governments to redirect money toward alternatives. Consider this: Heavy crude is already the most expensive crude - and the fact there is a demand for it doesn't reduce the economics of producing it. All it did was incentivise Alberta to build their own refinery - which they are. And guess what? no taxes on transport! What a shame. This "Win" for environmentalists is the equivalent of a double face palm.
@chuckstockford2338
@chuckstockford2338 3 года назад
@@kingscroach that’s what no one is hearing or understanding. It is just a way to get oil from Canada to the ships to send to Asia. They should build their own pipeline over the Rockies and to the Pacific Ocean and we don’t have to deal with the possible pollution. That’s why Canada doesn’t want the pipeline in Canada.
@vinces8209
@vinces8209 2 года назад
@@chuckstockford2338 wrong it was to supply heavy crude to the refineries in Texas that were designed for heavy crude, the US exports a lot of domestic oil to other countries because it's light sweet crude and as such isn't the ideal feed stock for them, as it is the us was just importing heavy crude from elsewhere.
@gold-818
@gold-818 3 года назад
As an environmentalist I don't see how shutting down a pipeline changes anything other than now oil will now be transported by truck and oil tanker which requires more energy. It's not like American's are going to stop using fuel over night instead why don't we just cut oil subsidies and create more green energy subsidies.
@izakkanter4459
@izakkanter4459 3 года назад
Precisely. Oil and gas subsidies aren't fair. If fossil fuels were fairly priced green energy would prevail naturally and with ease
@genz21stcenturymemeshorts23
@genz21stcenturymemeshorts23 3 года назад
The problem is we still need oil,the pipeline at least avoids extra emmisions made by trucks or trains to transport it which is what is happening today because the project grinded to a halt. We have to change our dependance on oil but making the transportation of it more costly economically and for the enviroment won't change that because the need for oil still exists. We need an industry-wide shift to renewables but that change won't happen overnight.
@berryberrykixx
@berryberrykixx 3 года назад
The problem with stopping pipelines while we still use an abundant amount of these fossil fuels means there will be a whole lot more trains transporting it instead. These oil tankers are known in the industry as "bomb trains". That should explain how dangerous this is.
@treebeard7140
@treebeard7140 3 года назад
Count the number of rail accidents it's insane
@chrisbrookshire861
@chrisbrookshire861 3 года назад
Why wouldn't we use the pipeline to transport it?
@williammeek4078
@williammeek4078 3 года назад
That is ok. I expect demand to fall faster than pipelines go off line.
@TheDraco175
@TheDraco175 3 года назад
This is not a win for environmentalists. Oil will continue to be mass produced and pipelines are merely transportations for the refined material. Clean renewable energy is what needs to happen.
@lpfpo2371
@lpfpo2371 3 года назад
Interesting, they are speaking about Alberta oil but at the same time showing russian pipeline: nord stream 2 (10:32). Sehr kommisch.
@niqvuk
@niqvuk 3 года назад
its just broll...
@frasermackenzie7275
@frasermackenzie7275 4 месяца назад
There are very few pipelines above ground in Alberta... that is possibly why 😂🤣😂🤣
@Hamsteak
@Hamsteak 3 года назад
Nuclear should be pursued at earnest, Nuclear has the largest opportunity to drive down carbon emissions by supplying the base load power that the electrical grid needs. Renewables will never be able to fully replace power plants that use fossil fuels without prices going out of control. Germany is a perfect example where prices have gone through the roof and at the same time, they had to open up coal fired power plants to replace the base load that the nuclear plants supplied.
@Hamsteak
@Hamsteak 3 года назад
@Patrick Baptist and CO2 coming up the atmosphere causing climate change is better. At least nuclear waste can be contained.
@SinwarX
@SinwarX 3 года назад
Big winner = Saudi Arabia.
@DomGaccioli
@DomGaccioli 3 года назад
Seems like everyone is forgetting or not seeing this fact. Instead of using some of the safest, standardized oil, we use Saudi oil... Known to be worse in terms environmental damage, potential for large oil spills and poor human rights and work conditions.
@najibyarzerachic
@najibyarzerachic 3 года назад
@@DomGaccioli who is "we". As for America and Europe, their use of Saudi oil has fallen to its lowest in the last two years . Going forward it is not only Saudi oil but oil demand in general is going to go down as EV market share grows. Before you say EVs are less than 2 percent of auto market. I will tell you you are wrong. Those are the figures from two years ago. The latest fogure is in Europe the percentage of plug in cars was 16% in quarter 1 this year that was a 63% growth from last year. Source for Ev sales : insideevs and EVsalesblogspot.
@DomGaccioli
@DomGaccioli 3 года назад
@@najibyarzerachic “we” as in America/Canada. I’m not against EV’s or sustainable energy in general. All I’m saying is that before we start penalizing “local” producers, maybe we should reduce imports of oil which is worse for the environment as opposed to the more responsibly produced North American Oil. Oil is getting phased out but while we still use it, maybe we should be looking at the lesser of two evils.
@thomas_tk330
@thomas_tk330 3 года назад
Build the pipe and shut down other more polluting oil supply routes. That pipe is pretty environment friendly in itself
@TheBooban
@TheBooban 3 года назад
Would be true if they didn’t leak all the time.
@ismailnyeyusof3520
@ismailnyeyusof3520 3 года назад
It’s all about energy, it’s management and it’s cost. Civilisations collapse when they either run out of energy or lose control of its costs.
@KRYMauL
@KRYMauL 3 года назад
Except for the fact that Oil only has 100 years of supplies left, so even if the Demand goes up the Supply will ultimate go to zero making it a dead industry. There's only a finite amount of Oil because there was only a finite amount of ancient organisms.
@Jake-rs9nq
@Jake-rs9nq 3 года назад
@@KRYMauL Projecting 100 years of oil reserves suggests we already know how much can be extracted, which is untrue. We have many estimates, from 40 more years to well over 100. Estimates constantly change as technology does. But you're right that the oil is finite, so we will be forced to stop using oil no matter what.
@Neojhun
@Neojhun 3 года назад
@@Jake-rs9nq The Reserve amount is not the problem now. All technology has shown as the oil gets more difficult to extract. It becomes more Costly & Destructive to reach that oil. It's pointless if the Reserve still exist but it cost a fortune to extract it plus is very harmful process. It's sad we even have to make this choice.
@KRYMauL
@KRYMauL 3 года назад
@@truck6280 It’s diminishing returns after a certain point ie the demand for oil will be so much more the supply because the cost per gallon extracted will go up. Basically there’s a point within the next 100 years were oil is suicide to invest in.
@megamanx466
@megamanx466 3 года назад
@@truck6280 Sure... but not fossil fuel crude. 😌
@erkinshadow99
@erkinshadow99 3 года назад
Lets burn MORE oil by trucking it instead of building a pipe. Even if oil is not used for energy still need it for plastic...
@treebeard7140
@treebeard7140 3 года назад
It's coming in either way. I don't trust trains...
@treebeard7140
@treebeard7140 3 года назад
I don't trust tankers
@thomas_tk330
@thomas_tk330 3 года назад
No problem, we'll just get a couple thousand more diesel trucks to transport oil
@MrBLAA
@MrBLAA 3 года назад
Haha, thought the exact same thing! Too many people who aren’t engineerings, making engineering decisions
@davidsande2342
@davidsande2342 3 года назад
Ten years to get a pipeline started 5 minutes to shut it down.
@BookofProverbs
@BookofProverbs 3 года назад
At first I laughed when I read this...until I realized how accurate it was
@treebeard7140
@treebeard7140 3 года назад
Johnny Ballenger USA finally builds infrastructure "shut it down"
@nunyabidness3075
@nunyabidness3075 3 года назад
That sounds clever, but is that the measure of something’s worth? How long it takes to shut it down?
@treebeard7140
@treebeard7140 3 года назад
Nunya Bidness the materials used in construction probably had environmental impact so if you just scrap it idk man
@nunyabidness3075
@nunyabidness3075 3 года назад
@@treebeard7140 The correct answer is no, obviously. People can die in an instant.
@rayshepherd2479
@rayshepherd2479 3 года назад
Environmentalists say that fossil fuels are bad and there are currently clean replacements. The only problem with this the only reliable alternative is nuclear and the environmental folks are also against it. Relying on wind and solar leads to higher prices and what happened in Texas. Finally higher prices make the US less competitive to countries that continue to use less expensive fossil fuels.
@damaliamarsi2006
@damaliamarsi2006 3 года назад
Now it will be delivered by train and instead of a safe way to transport it you will have derailments and leaks. It will also cost three to ten times as much to transport so when you are paying 5 dollars a gallon for gas, electricity rates go up and food costs skyrocket you will know why. Look around you and anything made of plastic is made from oil. Not saying we shouldn't switch to better energy sources, but without oil our societal quality of living goes way down.
@loganholmberg2295
@loganholmberg2295 3 года назад
Crude oil train burnt down most of a town in Quebec killing allot of people. But they don't care about that.
@dalesplitstone6276
@dalesplitstone6276 3 года назад
The reason they want the pipeline is to cheaply transport it to the Gulf for export. The pipeline will not decrease the price of gas in the US. To decrease the price of gas in the US, it would make more sense to build a refinery in North Dakota.
@lelacshop1635
@lelacshop1635 3 года назад
Train is for coal delivery
@dalesplitstone6276
@dalesplitstone6276 3 года назад
@@lelacshop1635 Trains have tanker cars for oil.
@joegomez6371
@joegomez6371 3 года назад
Any oil with an API gravity below 22 is considered “heavy oil.” Less dense, or “light oil” has an API gravity of greater than 31. Light oil is preferable to heavy oil because a higher percentage of the hydrocarbons are converted into things like gasoline. That's why light oil trades at a premium to heavy oil.
@Johnny-dp5mu
@Johnny-dp5mu 3 года назад
And your point? Thanks for the information
@treebeard7140
@treebeard7140 3 года назад
Shipping and railroad reps. probably fought hard against the key stone
@shoonger001
@shoonger001 3 года назад
Of course you would forget all the tribes fighting for our drinking water.
@treebeard7140
@treebeard7140 3 года назад
DaPinkBublé that's great and all but the oil is just gonna get there by a different and more risky transport.
@freddyjflores
@freddyjflores 3 года назад
THIS is the main reason. this project is a power fight not environmental nor other categories "fight"
@treebeard7140
@treebeard7140 3 года назад
Freddy Flores $$$$$$$
@stevenlarson3316
@stevenlarson3316 3 года назад
​@@treebeard7140 Oil is also more expensive to transport like that. So people will be more willing to find alternatives. In the meantime we'll pay a few extra cents more for oil products. I think that's a small price to pay for a push towards a greener future. This project is a relic of the early 2000's. I think the biggest failure we can have in the fight against climate change is failing to think big enough. We have the capacity to do great things if we just choose to do them. The single biggest thing we can do for green energy is start working on grid level power storage. That will lower the cost and carbon emissions of power by a lot.
@Aidanmcfar
@Aidanmcfar 3 года назад
Pipelines are the safest way to transport oil. By train and truck are far likelier to spill.
@PiOfficial
@PiOfficial 3 года назад
Great let’s shut down oil pipelines and instead ship the oil 1000s of miles from the Middle East and Russia.
@jonathanodude6660
@jonathanodude6660 3 года назад
or dont ship oil at all?
@PiOfficial
@PiOfficial 3 года назад
@@jonathanodude6660 Yes we shouldn’t ship oil we should get it locally.
@ratboyjersey
@ratboyjersey 3 года назад
Why the f, are we bringing oil, from one oil rich region to another oil rich region?
@lquidswords485
@lquidswords485 3 года назад
Then the whole country will end up like Texas winter storm
@hscollier
@hscollier 3 года назад
If they give “the big guy” his 10% they might be surprised how fast the pipeline approval gets restored.
@CEROtian9279
@CEROtian9279 3 года назад
Warren Buffett is smiling right now :)
@JTytshorts
@JTytshorts 3 года назад
Smiles in BYD
@CEROtian9279
@CEROtian9279 3 года назад
@@JTytshorts Nope. Smiles in BNSF.
@JTytshorts
@JTytshorts 3 года назад
@@CEROtian9279 smiles in all green energy
@TheDookieMaster
@TheDookieMaster 3 года назад
Buffet has plenty of stock in Phillips 66 and Northern Natural gas. Both are pipeline companies.
@dogestranding5047
@dogestranding5047 3 года назад
Berkshire Hathaway Energy
@manlyjoel8829
@manlyjoel8829 3 года назад
Instead their going to burn more fossil fuel trucking it. 😆
@treebeard7140
@treebeard7140 3 года назад
Under rated comment lol
@akillj
@akillj 3 года назад
As a truck driver this is exactly what I was thinking too 😂😂
@adamsensabaugh1417
@adamsensabaugh1417 3 года назад
Well, those truck drivers get to keep their jobs.
@maxedakuakuu
@maxedakuakuu 3 года назад
@@akillj autonomous trucks will eliminate your job by the end of the decade lol, and they will be electric so no loss there😂
@mr88cet
@mr88cet 3 года назад
I personally don’t have many problems with oil exploration or refining (although the full effects of fracking need to be understood better, and I’m not a fan of affecting indigenous peoples’ land). What I *do* have problems with is *burning* oil! Even if we set aside the climate effects, *we need to preserve our current oil reserves* for future generations’ production of plastics, fertilizers, medicines, etc. And I do mean “etc.”: *almost everything* we interact with has a petroleum-derived component. The worst thing we can possibly do with petroleum is to burn it!
@lisa._.the._.lovely
@lisa._.the._.lovely 3 года назад
5:54 Dude is right, theres no way to keep consuming at this pace without there being immense environmental repercussions
@Matt-fl8uy
@Matt-fl8uy 3 года назад
@key peele No, we just don't build new pipelines and instead invest in becoming a global leader in green energy production.
@thisguy2114
@thisguy2114 3 года назад
They've been saying that for decades. I do agree, green energy is the future, but larger investments and research is needed, we cannot just toss oil to the side. We will still be transporting all that oil that would be moved through the pipeline through rail systems, so creating the pipeline would have been more efficient, and created less pollution. Trains use energy as well.
@shiroineko13
@shiroineko13 3 года назад
@@thisguy2114 No doubt creating the pipeline would have been more efficient. Also, it will make oil cheaper in the long run, but that is precisely the reason why they don't want to do it. Lowering the cost of transporting oil would incentivize the extraction of more dirty oil not less. Any measure you take that lowers the cost of oil will mean we depend longer on this dirty energy. So, while moving it by train creates more pollution, in the end, it might mean less pollution because of the oil that you avoid extracting from the ground as the point when this is no longer economically viable to do is reached sooner.
@megamanx466
@megamanx466 3 года назад
@key peele Or use what we have. Makes sense. 🙄
@megamanx466
@megamanx466 3 года назад
@@thisguy2114 Could stop politicians from giving our taxes to subsidize oil *before* we even pump it into our vehicles. Somehow that never bothers conservatives wanting to conserve money much. 🤔
@stuhennessey9013
@stuhennessey9013 3 года назад
Wouldn't these workers be perfect for highspeed rail development? Could these pipes carry water resources to places of need?
@erandeser5830
@erandeser5830 2 года назад
And will trains run on wind ?
@nikitakucherov5028
@nikitakucherov5028 3 года назад
The oil now transports via train and semi both of which burn tons of fossil fuel to do so 🤦🏻‍♂️
@gold-818
@gold-818 3 года назад
The only thing it's going to do is raise gas prices causing more struggles for low income families.
@michaelshepard3796
@michaelshepard3796 3 года назад
The rail line that now and will in the haul most of the oil, Burlington Northern is owned by Warren Buffett a very big donor to the Democrats. That’s just a coincidence I am sure! 🥺
@rubidot
@rubidot 3 года назад
But it's orders of magnitude less oil than would go through the pipeline, doesn't require destroying thousands of miles of land to build a pipe, maintains jobs for those truck and train drivers and the jobs of people who support them (restaurants on the highway, etc.), and those trains and trucks will convert to electric over the next decade or two, if they haven't already, because it's more cost effective. Additionally, preventing the pipeline prevents the enormous glut of Canadian oil coming into the US, which would have depressed energy prices harming US energy companies.
@victoriap1561
@victoriap1561 3 года назад
@@rubidot pipelines aren't that destructive, once they are below ground you barely notice them
@Paulo44.01
@Paulo44.01 3 года назад
@@victoriap1561 except in case they leak of course
@billthebuilder1579
@billthebuilder1579 3 года назад
As long as there is oil, there will be pipelines. Cancellation of XL was a political payoff to Warren Buffett who stood to see his railroads out of the business of transporting oil.
@Dr.Weed8
@Dr.Weed8 4 месяца назад
I don’t think this is true. Buffet or rather BRK lent 10B to Occidental in 2020 at an 8% preferred. Oxy is an oil field in Texas Permian basin.
@chessdad182
@chessdad182 3 года назад
Preventing new natural gas pipelines will likely benefit natural gas pipeline companies as limited resource.
@tylernorby4939
@tylernorby4939 3 года назад
@@davidanalyst671 Cost of fuel is not the total cost. The purchase of oil as a commodity was for a long time cheaper because of negative externalities that consumers don't directly pay for. You don't pay a tax for healthcare costs due to pollution, environmental damages from oil leaks/spills and reduced fishing due to ocean acidification from absorbing CO2 for decades. If you price these in, clean energy always has been better and now for several years clean energy has been cheaper than fossil fuels without adding those costs back in.
@franciscoluisnoguera2490
@franciscoluisnoguera2490 3 года назад
Emisions caused by crude oil transportation are greatly reduced by pipelines. Every enviormentalist that opposes a pipeline is very hypocrite.
@MrBonners
@MrBonners 3 года назад
The coming online of shale oil makes long transport of crude obsolete.
@MrBonners
@MrBonners 3 года назад
@Neil Peters Yes. The way electric R&D is exploding the pipeline may be over capability so be obsolete before it's life expectancy due date or the breakeven point. It looks that it is heading that direction with easier obtained shale oil coming on-line. Natural gas and shale be the bridge fuel for 10-15 years.That might not be enough time.
@glennalexon1530
@glennalexon1530 3 года назад
Let's not forget that the economic benefits derived from petroleum are needed to pay for uneconomic wind and solar programs. We shouldn't abandon oil until renewable energy is ready to take up the slack.
@mrmukundamadhabsharma848
@mrmukundamadhabsharma848 3 года назад
cruise ship industry and other logistic ships produce significant amount of green house gas as well and that needs to be improved
@MrSupernova111
@MrSupernova111 2 года назад
Irrelevant. That's like saying your socks have a hole in them so best to not replace your shirt which also has a hole in it. Clueless!!
@dahasolomon7314
@dahasolomon7314 3 года назад
How can you just cancel something that's already under construction? Are the affected parties going to be reimbursed by the government? Or was the entire pipe line a government project the whole time? The whole story feels like a coup by American oil producers to stop Canadian oil from taking there customers.
@ironqueen_osrs
@ironqueen_osrs 3 года назад
I wonder why pipelines are less of a problem in the EU. The most important thing we have against pipelines is that they come from Russia, not the environment. Are our pipelines safer? Do we maintain them better in the EU? Or is it because we fill the pipes with gas instead of crude?
@krulkrulle6588
@krulkrulle6588 3 года назад
The EU people need energy. However, most the nuclear plants in the EU are aging and are all closing in less than 20y. This means, the EU needs to find other means to maintain the industry/electricity demand for it citizens. Pipelines are needed for that demand (it also avoid having thousands of trucks on the road transporting this gas/oil)
@Neojhun
@Neojhun 3 года назад
EU Has much less Oil Liquid pipelines. Mostly just low density gas. Oil pipelines simply carry a much more complicated and destructive thick liquid. It's simply a case of different material being piped.
@Neojhun
@Neojhun 3 года назад
@@davidanalyst671 LOL Ironic. US can not afford to hurt demand for fossil fuels because it's already wasted too much resources. They fought TRILLION DOLLAR wars just protect oil interests. Ironically not to directly consume them selves but to control the markets. That is a different level of corruption when the amount of people killed is too many to accurately measure. EU is kind of not relevant, Pipelines are in North America.
@xyzsame4081
@xyzsame4081 3 года назад
In Europe the nations and the consumers have nothing against the GAS pipelines (for the most part). Those come from Russia to transport gas (from conventional fields, not fracking) to central Europe). And the U.S. and the NATO hawks are fiercly opposed to Germany, France, Austria, Switzerland getting their gas from Russia. Even Merkel the spineless oppotunist does not want to bow to U.S. interests in this area. It forces the Europeans to consider Russian interests no matter the sanction circus, and the U.S. frackers want to sell their (more expensive) gas in Europe. There are some oil pipelines as well, but the Europeans get a lot of oil via tankers from the Middle East (the oil that the U.S. controls with the bloated military and the occasional war). the U.S. does not need the oil of the ME (not anymoere) - but they want to control it anyway in order to have leverage over the other nations (incl. the "allies" / vasalls like Europe, or Japan). Like they try to control Venezuela. Which in turn get closer to Russia and China, so in terms of foreign policy that is the most idiotic strategy that the U.S. could take. It shows that U.S. foreign policy serves the interests of oligarchs - while Russian and China have geostrategic goals. you may disagree with them, but at least they have a strategy and one that is fairly consistent.
@sergeiiurtaev4712
@sergeiiurtaev4712 3 года назад
The Pipelines in the EU existed from "soviet" times and that is an irony: "Cold War" and other stuff, but for oil there is no borders. And another thing, actually Russia buying gasoline in EU, that are developed from Russian oil. ( It's a long and dirty story.) Wayout from fossil fuel? Nuclear energy, hydro energy, wind... Hydrogen? You need electricity first. EV's ? You need to produce and then recycle over 3.5 billion batteries. It's not possible. But hey, it possible to consume less. For example, night light on the streets of the cities. All the lamps is working and consume electricity for 3 - 5 humans and, maybe 2 - 3 cars for one night. It's a huge amount of energy, megawatts of energy.
@arthikalexander7277
@arthikalexander7277 3 года назад
Seriously doubt EV can take over energy requirements, unless they increase battery energy density by a LOT, nuclear would be the best most efficient method but it's gotten alot of bad press despite the fact that the newer design of nuclear power plants would effectively bring the likelihood of a "meltdown" to zero.
@HSFY2012
@HSFY2012 3 года назад
We already have the battery energy density to support long range EVs, and supercharging will make up the distance if required. Nuclear is too expensive, it is already outpriced by wind and solar.
@victoriap1561
@victoriap1561 3 года назад
Obtaining all the lithum that is required for EV would be an ecological catastrophe too. It's very complicated.
@HSFY2012
@HSFY2012 3 года назад
@@victoriap1561 Well as the price rises less desirable sources of lithium will become economically feasible, such as those in seawater.
@MersageSW
@MersageSW 3 года назад
Thus isn't about the environment. It's about an efficient energy source.
@deek4515
@deek4515 3 года назад
What about the transportation costs on the carbon footprint of obtaining oil from over seas?
@MrBonners
@MrBonners 3 года назад
the amount to just fill the pipe far exceeds the consumption of fuel to transport it.
@AndreasDelleske
@AndreasDelleske 3 года назад
Zero when using renewables (not for transporting oil, mind you).
@deek4515
@deek4515 3 года назад
@@AndreasDelleske False. You are skipping the process of building. The only form of energy that has the lowest carbon footprint is nuclear.
@blastermanr6359
@blastermanr6359 3 года назад
That's the idea, make it more expensive, so people use less of it.
@deek4515
@deek4515 3 года назад
@@blastermanr6359 Are you saying that nuclear is more expensive?
@cyberoptic5757
@cyberoptic5757 3 года назад
He said we needed heavy oil? NO we don't need this heavy oil transported across our country. That claim of "need" is a lie.
@berryberrykixx
@berryberrykixx 3 года назад
Truth right there. While there is this heavy oil from the north, we have the best light, sweet crude from the gulf. On top of that, these oil sand in Alberta have fossils in them. They should shut this garbage down and turn it into a huge excavation area but, you know, oil $$$. SMDH
@paulrath7764
@paulrath7764 3 года назад
Canada is proceeding with the Trans-mountain pipeline to the Pacific - so they will just ship the oil to Asia instead.
@bl5752
@bl5752 3 года назад
Ok, Keystone XL has nothing to do with Fracking in the US. It's about Canadian Tar Sands oil, which is the most energy-intensive source of oil to process (so it creates more pollution), which also means it's the least profitable source of oil as well.
@Obscurai
@Obscurai 3 года назад
Except that fracking and the pipeline both contribute to supply. If supply can meet demand through other means, then importing oil from another country is not needed. The side benefit is less pollution.
@xyzsame4081
@xyzsame4081 3 года назад
@@Obscurai I think that the crude oild complements the qualities they extract with fracking. For the same reason they want to regime change Venezuela. There is no pipeline so the Koch Brothers refineries in TX have to import the VZ oil. It is harder to process and "dirtier" (Saudi oil is better quality overal and cheaper to extract and process for isntance), but it is a sort of oil they need to add to the mix.
@Obscurai
@Obscurai 3 года назад
​@@xyzsame4081 Yes, as a commodity, oil demand has both a quality and regional supply component to its distribution and consumption. However, overall fracking has contributed significantly to the domestic supply, enough to elevate the US to being a net exporter of oil. This means that current US oil demand can be met without a pipeline. And as you noted some sweet crude oil is easier to refine, and since oil sands crude are lower quality there is even less desire to import it given that there is currently a worldwide production overcapacity. This overcapacity will worsen as the transition to renewables increases. In short, there are multiple reasons why financially the pipeline would not make sense. In less than a decade, the pipeline could be a stranded infrastructure asset that cannot pay for itself.
@goonies_never_say_die
@goonies_never_say_die 3 года назад
Consider how many oil and gas pipelines already exist crisscrossing north America and then consider that there are millions of people who lack clean water.
@outlawJosieFox
@outlawJosieFox 3 года назад
Then consider the fact that American hedge fund managers are actually betting against California not having enough water
@jefflewis4
@jefflewis4 3 года назад
Funny thing is some places that lack clean water have plenty of water. Example India has some of the highest rainfall totals in the world, they have more than enough water. But most of it gets contaminated, by all sort of pollutants, and human behavior.
@treebeard7140
@treebeard7140 3 года назад
jefflewis4 the government refuses to invest in infrastructure im assuming. Similar to ours in a way
@jefflewis4
@jefflewis4 3 года назад
@@treebeard7140 The government does invest in the infrastructure, but the investment required is massive. If they tried to bring their infrastructure up to western standards it probably would put the country in overwhelming debt, and destroy the economy. Only 20% of homes in India have piped in water. 1/3th of the population practices open bathing and defecation, which leads to the contamination of over 75% of India's ground water. Toilets are seen by many in rural areas as unclean and associated with the lowest castes. Investment in infrastructure is half the battle in India, the other half is changing mindsets.
@alexturlais8558
@alexturlais8558 3 года назад
So the fossil fuel industry thinks cancelling it is a bad idea? That's like finding out cancer doesn't want you to go to chemo.
@SJ23982398
@SJ23982398 3 года назад
fossil fuel literally keeps our civilization going. If you take fossil fuel away, civilization would collapse within a week. So your cancer comparison is quite silly.
@QuestionEverythingButWHY
@QuestionEverythingButWHY 3 года назад
“Earth provides enough to satisfy every man's needs, but not every man's greed.” ― Mahatma Gandhi
@raylopez99
@raylopez99 3 года назад
What did Subhas Chandra Bose think of Mahatma Gandhi? There's always two sides. As for the pipeline, a better way is to raise carbon taxes rather than shut down one pipeline, when transporting oil without the pipeline will introduce more carbon into the atmosphere.
@megamanx466
@megamanx466 3 года назад
@@raylopez99 A better way might be, refine the oil in Montana thereby crossing less state lines and providing more *permanent* jobs than it would in Texas and work to use hybrid diesel electric semis to transport... creating more jobs perhaps. 🤔
@chandanregmi
@chandanregmi 3 года назад
"Earth provides enough to satisfy every man's needs, ...... ", Nope it doesn't, Gandhi doesn't make much sense in his writings, he is probably overhyped by British people to feel less guilt for own colonial policies. Be sovereign in thought process first to provoke thought with ideas!!
@noe616
@noe616 3 года назад
If you take away access to this type of energy from America - people will starve.
@megamanx466
@megamanx466 3 года назад
@@noe616 Oil won't be removed from America like cutting out a cancer. It will gradually be used less and less. 😌 You can turn off the alarms now. 😅
@markmulvaney8937
@markmulvaney8937 3 года назад
So they ship by train. More fuel burned more emissions. Nothing accomplished by cancelling pipeline.
@Hamsteak
@Hamsteak 3 года назад
Regardless, the oil sands aren't going anywhere. There still going to be around for decades to comes. They just switched to using railroads to ship there excess capacity. On top of that, your relying on oil from Mexico and the Middle East to get your oil instead of relying on Canadian oil. Also those same environmental groups oppose many renewable energy projects that are proposed because of the nimby and the destruction of the land that they require
@victoriap1561
@victoriap1561 3 года назад
Environmentalists are the sames that are against GMO and nuclear power but super into solar and wind even though making the infrastructure necessary for these type of resources is really dirty ( it just happens somewhere else)
@Hamsteak
@Hamsteak 3 года назад
@@victoriap1561 lol I agree with you. They try to make the preception but it doesn't work in reality
@clairmac
@clairmac 3 года назад
We can't keep looking at the same options. We need to look at better energy options and personally I don't see solar and wind being the best options because they are also pretty wasteful too and don't produce a fraction of the energy we need, however we haven't even scratched the surface of all the options that better for the environment and us. Like Geothermal, Tidal and even Nuclear Fusion (not Fission which we currently have but rather Fusion which would have safe byproducts).
@arnoldsmith982
@arnoldsmith982 3 года назад
so dont use pipelines it will be trucked instead but it will be moved
@DS-me7kk
@DS-me7kk 3 года назад
People think oil will just disappear if they resist it.
@tylernorby4939
@tylernorby4939 3 года назад
@@DS-me7kk No, they think if it's even less cost effective than the alternatives(clean energy) then energy companies will be forced to spend their capital on alternative sources of energy.
@loganholmberg2295
@loganholmberg2295 3 года назад
or rail. And towns like the ones in Quebec in Saskatchewan will be burned down because of it.
@9034833838
@9034833838 3 года назад
Man environmentalists have gone mad. Its horribly inefficient to pump oil via trains, trucks, barrages etc. Pipelines are highly efficient. They should have lobbied for construction of pipeline and focused towards limiting the total import capacity.
@jholotanbest2688
@jholotanbest2688 3 года назад
All of that efficiency gained by pipes will go directly to lower oil costs and so higher oil consumption.
@9034833838
@9034833838 3 года назад
@@jholotanbest2688 I just said we needed import curbs on oil so price goes up. Just the handling, shipping and processing gets cheaper. The expanded profits can then be used to curb the emissions by the industry itself installing environmentally protective but costlier equipments and processes.
@mboiko
@mboiko 3 года назад
"Fortunately we have the alternatives available today.." I'm about as pro-solar/wind as anyone...but without MAJOR improvements in energy storage renewables are not going to solve our immediate (5-10 years) energy needs...and we sure don't have an answer..." available today".
@DoctorHouse999
@DoctorHouse999 3 года назад
we do.......it's called nuclear power. but people oppose that as well for some reason.
@mboiko
@mboiko 3 года назад
@@DoctorHouse999 I agree...and without very significant improvements in energy storage technology AND with the ramp down of all other non-renewable energy sources I would love to know where all the baseload power is going to come from in the next 10-20+ years. "Given the nature of demand, an electricity grid cannot function without substantial baseload power on the system. Most power demand requires baseload power supplies, and a certain minimum energy must be maintained on every electrical grid to ensure against blackouts or system failures."
@BobLobsiger
@BobLobsiger 3 года назад
I live in Nebraska. Landowners and Ranchers were some of the most fierce critics. Image ranchers joining with the Sierra Club to fight the pipeline. If they would have taken a different route.....
@raylopez99
@raylopez99 3 года назад
Gentlemen farmers? Also they possibly did not get much money from the right-of-way.
@fdm2155
@fdm2155 3 года назад
Presumably ranchers didn't want to take the risk of a catastrophic spill in their communitues
@raylopez99
@raylopez99 3 года назад
@@fdm2155 What's the risk of that? Less than 1%, you'll get compensation, and crops will grow again on the contaminated soil after a few years. Contaminated groundwater? Doubtful, and crops will grow with contaminated groundwater; the contaminant selenium is common in CA farming and life goes on. As a farmer myself, I don't see any real farmers objecting to a pipeline across their land, unless they can't cross it easily with their tractor.
@evolution__snow6784
@evolution__snow6784 3 года назад
@@raylopez99 in the us, getting Permission to build pipelines rodes infrastructure is a big part of building, like the video explained
@mohan3501
@mohan3501 3 года назад
But don't big farmers have huge number of cattle which contribute to global warming by way of methane gas?
@carlosgomez-ct6ki
@carlosgomez-ct6ki Год назад
Today we are suffering the consequences of canceling it! Time clears everything!
@johnjdumas
@johnjdumas 3 года назад
You can not build windmills and solar cells without huge amounts of oil at least until we get more gas online.
@jonathanodude6660
@jonathanodude6660 3 года назад
well actually until we get more nuclear online.
@waynedavis936
@waynedavis936 3 года назад
It takes vast amounts of energy and resources to build windmills and solar cells. Then more effort to try to store the energy to use when it's needed. Then, remember none of these new sources are bio degradable. There are grave yards of windmills already, haven't seen the solar panel graveyards yet, but they are coming.
@RB-kb3tc
@RB-kb3tc 3 года назад
@@waynedavis936 Windmill graveyards? Alumnium is one of the most recycled material there is... copper is in high demand as well.
@phillrooster1
@phillrooster1 3 года назад
Take your pick. Train or pip line ..Oil will be moved . Which one is the safest ?? Which one will pollute the least.... Train derailment of pip line break ??? Train burning fuel and polluting the air , train hitting cars ???
@user-fr3hy9uh6y
@user-fr3hy9uh6y 3 года назад
No one reminds us this is keystone xl 2. If it ran along the rout of the original keystone pipeline than it would not be a problem in the US. It was blocked in Canada.
@jasonoutman420
@jasonoutman420 3 года назад
I was wondering why they didn't just build a second pipeline next to the original.
@nunyabidness3075
@nunyabidness3075 3 года назад
I never get the anti petroleum industry strategy. Pipelines are the best way to move petroleum products. If you want to stop usage of oil, fix the demand. If you don’t fix the demand, people will burn even worse sources of pollution.
@RizztrainingOrder
@RizztrainingOrder 3 года назад
I thought the pipelines carried the dinosaurs through it to the destination?
@paulmaier6305
@paulmaier6305 3 года назад
so ship by rail??? stupidity is "green".
@noe616
@noe616 3 года назад
Pipelines are in full use right now in Europe, Eastern Europe, Middle East , and China. This cleanest way to transport fossil fuels is forbidden only for America .
@bobbywilliams1823
@bobbywilliams1823 3 года назад
Exactly
@texasray5237
@texasray5237 3 года назад
I like carbon myself. I like its effects. I wish that CO2 would indeed warm the climate a bit. But I see no evidence that it is doing so. Just lots of BS and hype.
@bmaw604
@bmaw604 3 года назад
No keystone? Turn them all off then. See what happens
@bmaw604
@bmaw604 3 года назад
@@nicewknd tesla is going to drop all year long. They need blowout earnings eachq
@Dr.Weed8
@Dr.Weed8 4 месяца назад
Since we discovered oil there hasn’t been a single year we used less oil than the previous year.
@taylorjohnson4943
@taylorjohnson4943 3 года назад
The shift to clean energy is the most important thing. That can be done for the benefit of the economy. The jobs generated by the spinoff industry's far outweigh the building of a pipeline. That's not even considering the the emissions that would be released from the burning of 800,000 plus barrels of oil a day.
@MoonLiteNite
@MoonLiteNite 3 года назад
They should turn the end point of the pipeline to a giant storage and train area to have it finish the route!
@armeddeafboi7276
@armeddeafboi7276 3 года назад
And yet nothing but chirps on nuclear energy? Hmm interesting...
@deus_ex_machina_
@deus_ex_machina_ 3 года назад
We definitely need to move away from fossil fuels if we want to continue as a species, but protesting a pipeline strikes me as odd, since it's the most efficient and lowest emission form of transport compared to ships, trains, and especially trucks. Protest new oil fields, fracking sites, refineries and powerplants that actually produce and use this stuff instead.
@treebeard7140
@treebeard7140 3 года назад
That seems to be the consensus in the comments. We're in for some rough times but will come out on the other side better.
@1Nanerz
@1Nanerz 3 года назад
Lol! If it doesn’t go by pipeline, it goes by rail. If it doesn’t go by rail, it goes by truck. Which one do you want? It’s gonna happen wether you like it or not. It’s not just fuel. It’s plastics, lubricants, synthetic materials, etc. oil isn’t going anywhere
@penntano
@penntano 3 года назад
Oil and gas won't stop overnight and neither will the oil shipments. No pipelines? Oil and gas will be put in trucks and train. 2013 is a perfect example of why trains are not an effective means of oil transportation. You can't 'turn off' a derailed train spill. Pipelines have a bad reputation but I would argue that's due to poor regulations and oversight. Enbridge claims that there can be 40-60 miles between pump stations. That means if a 40 mile line breaks at mile 39, 39 miles of oil is susceptible to spill. The environmentalist are set on killing the oil and gas industry all together without proper alternatives well developed or totally researched. The oil and gas industry are set on surviving but doing it at the lowest cost financially and with as little restrictions as possible. Again, like everything else these days it seems, it's 'us versus them' and no one is willing to budge. Oil and gas has a place in our future, be it a reduced one for sure but both sides need to work together so that it's safe and viable.
@xyzsame4081
@xyzsame4081 3 года назад
Check out John Bolenbaugh on leakages, they can go on for years. And Keystone XL is additional capacity so that has nothing to do with stopping anything "overnight", first step: do NOT EXPAND capacities. They do not update railway infrastructure (which CAN be used for other transports, so that would be an investment into the future, whereas pipelines are useless if oil consumption goes down).
@xyzsame4081
@xyzsame4081 3 года назад
If safety cannot be guaranteed with railway (due to underfunding). What makes you think the pipelines will be monitored ?? They WILL leak, that is sure. A train spill cannot be covered up - but a pipeline spill will be.
@penntano
@penntano 3 года назад
@@xyzsame4081 Currently, I don’t think they will and that’s my issue with oil and gas finding the most affordable option. If were looking at the best means for transporting oil long distances, in my opinion pipelines are the best option.
@CurlyChrizz
@CurlyChrizz 3 года назад
Thanks, very interesting!
@curiousgemini
@curiousgemini 3 года назад
"Tar Sands oil" is actually tar which has to be thinned with chemicals in order to get to go through a pipe. And, extracting tar sands releases all sorts of toxic chemicals which will stay around long after the tar and the jobs it creates are gone.
@mkyhou1160
@mkyhou1160 3 года назад
Very ignorant comment, there is no tar in the oil extracted from cleaning up nature’s mess in Northern Alberta, and no tar in dilbit travelling down pipelines. California’s oil industry is far dirtier than Canada’s but the hippies are fine with that while typing on computers, riding bikes and wearing jackets full of petrochemical products.
@xyzsame4081
@xyzsame4081 3 года назад
it does not matter if there is a (lot) of tar in the thick oil, and whether or not California oil if even worse. At least in CA they keep the oil in one place. And the hippies are not happy with it, it is the neoliberal Democrats that allow fracking in California.
@adit369
@adit369 3 года назад
Fossil fuels! You know the drill. I got your pun there!!! Nice
@jeremy2875
@jeremy2875 3 года назад
The part that disgusted me was the original course of the pipeline did not go through Native lands in S.D., but the mostly white communities complained that it could affect their water sources so they shifted the path to go through Native lands (and under their primary water source)
@shoonger001
@shoonger001 3 года назад
No mention of that here which is bullshyte
@TaxReligionNow
@TaxReligionNow 2 года назад
There's literally zero chance of the US converting fully to renewables in the next 20 years. So why stop what is a far safer, more efficient, and more secure option than what we are currently doing? Trains and trucks are in the end worse than a pipeline. The risks and costs are higher. Finish the line and in the process we need to also develop the safety standards and expertise to inspect it and secure it.
@hagenherrmann8204
@hagenherrmann8204 3 года назад
Great, now you will have trains with heavy crude passing through your towns instead. Worked out great for Lac Megantic in Quebec.
@iancormie9916
@iancormie9916 3 года назад
The Megantic incident involved a lightweight volition crude as I recall. Had it been loaded with heavy crude or bitumen, the results would have been far less tragic. Either way, the rail company immediately declared bankruptcy and I doubt the railways have improved their operations since then.
@iancormie9916
@iancormie9916 3 года назад
Volitile crude.
@benjaminstandfest6265
@benjaminstandfest6265 2 года назад
I really like the way that many facts and opinions are shown than forcing to be accepted
@naonusingha8429
@naonusingha8429 3 года назад
"Giggity!" - Quagmire
@ethicalcage7324
@ethicalcage7324 3 года назад
people tend to forget that the car itself is basically made from oil. there are 8 gallons of oil in every tire. the paints the resins in the car all.come.from oil. oil ain't going anywhere.
@johndevittire
@johndevittire 3 года назад
"It seems likely that the days of these $5 billion plus, 1000 mile long projects are over" - Not in Europe
@edc1569
@edc1569 3 года назад
Haha America is never going to fix it's transport systems then!
@xyzsame4081
@xyzsame4081 3 года назад
_GAS_ pipelines - and not for fracked gas ! It is gas won in the conventional way from russian gas fields.
@harveysanchez6993
@harveysanchez6993 3 года назад
Vary True but Europe is also different where some countries don’t have the natural resources of fossil fuels like the U.S. has underground but the demand is still there.
@collan580
@collan580 3 года назад
@@harveysanchez6993 and you cant go from fossil fuels to renewable in an instant and natural gas is way more environmentaly friendly than any other fossil fuel.
@harveysanchez6993
@harveysanchez6993 3 года назад
@@collan580 oh yes I agree with you I’m just saying that many European countries don’t have natural resources like coal, natural gas, or oil and rely on other countries to supply them such as Russia.
@MrAlaister
@MrAlaister 3 года назад
That pipeline would have saved billions of barrels from being transported by tankers which can sink and cause damage to oceans. That pipeline meant common sense, something that the usa has nothing left of
@mafriqaful
@mafriqaful 3 года назад
the problem is how the oil companies act that they are not responsible when there is a leak or an accident.
@magwheels1232
@magwheels1232 3 года назад
US supreme court is hearing a case right now about a gas pipeline PennEast wanting to claim eminent domain over conservation land in NJ which the state has denied them acess to. The fight against growing fossil fuel infrastructure continues.
@lpfpo2371
@lpfpo2371 3 года назад
Sloppy job Bloomberg, 12:49 russian gazprom (газпром) is building pipeline, a new economic weapon.
@erandeser5830
@erandeser5830 2 года назад
What I understand is that the refinery in Houston will be closed as it can only handle heavy oils as from Venezuela and Alberta. And following the closure of half the US refineries over the last decade, open refineries are on full load ? True or false ?
@79chgoh
@79chgoh 3 года назад
If pipeline were done correctly, it should be more economical and safer for the environment like the piped water or gas to your house or apartment
@iancormie9916
@iancormie9916 3 года назад
Hate to break the news to you but pipelines are already the safest and most economical way of transporting most liquids.
@garethbaus5471
@garethbaus5471 3 года назад
Pipelines are by far the safest way to transport petroleum, the issue is that we are still transporting oil in large enough quantities for a pipeline to be economically viable.
@jholotanbest2688
@jholotanbest2688 3 года назад
No it wouldn't because all of that benefit for the environment gained in more efficient transport would be lost in increased use of oil because the transportation is cheaper.
@thedirty530
@thedirty530 3 года назад
Something that I find amazing about our planet is that where these fuels are found used to be the exact locations where explosions of life occurred in our past...Which is relatively recent in Earth's timeline... Even mountains are relatively new...meaning Tectonic activity as we know it is too! The Appalachians are one of if not the first mountains formed and only occur when landmass collide (just a handful of times). We are basically living on the cooling areas of a molten fireball... That won't be like this forever... Yet it is all we know! I don't think there is anything that could ever be as beautiful... We are lucky beyond our ability to imagine! Lets take care of it!
@joegomez6371
@joegomez6371 3 года назад
Open-pit techniques can be used to mine thick deposits of tar sands when they occur near the surface. After the tar sand has been excavated, the bitumen has to be separated from the sand and then concentrated and cleaned. This crude bitumen is upgraded in a special coking unit, which produces a blend of lighter hydrocarbon fractions to yield synthetic crude, naphtha, kerosene, and gas oil.
@subbuilder3563
@subbuilder3563 2 года назад
Now I am paying near $5 per gallon. Thanks Biden. You are going to be Jimmy Carter No. 2.
@xiaoka
@xiaoka 3 года назад
A few months of construction jobs is not worth decades of endangering our land and water. Not even mentioning the pollution generated in extraction and consumption if pipeline increases capacity.
@MDAdams72668
@MDAdams72668 3 года назад
NO is the short answer
@alphonsobutlakiv789
@alphonsobutlakiv789 3 года назад
I wonder if that pipe line sitting in the yard could be used to move new York state's water to California?
@doom2avatar
@doom2avatar 3 года назад
China did effectively that to move water from southern china near taiwan to the northern capital
@garethbaus5471
@garethbaus5471 3 года назад
You would need to cross multiple mountain ranges something that although possible is difficult and expensive to do..
@garethbaus5471
@garethbaus5471 3 года назад
@@flennboyd6413 desalination plants aren't a cost effective way to provide water for forrests and agriculture, california has draughts not a lack of access to drinking water, the problem is more about climate than management. Suggesting desalination is like asking why they don't buy bottled water and pour it on the forrest fires, they may be able to do it for one or two fires but it isn't a feasible long term solution.
@garethbaus5471
@garethbaus5471 3 года назад
@@flennboyd6413 it probably wouldn't, but it probably would only be slightly more expensive than desalination.
@KyurekiHana
@KyurekiHana 3 года назад
Rather than trying to get more water into California, how about we reduce California's population to one that its existing water supply can actually support?
@tylerflannery8505
@tylerflannery8505 Год назад
Rachel was the reason I stayed interested in this video
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