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"Why is it that God placed so much oil in so many politically unstable and hostile places? At least we have Canada, although even if Biden had not canceled the Keystone pipeline, it would not have been open for business until next year. Republicans might also want to sanction Canadian oil in retaliation for the breakup of the trucker protest. Who knows?"

I'd argue that it's less about a God placing fields in those areas, as much as those fields permit hostile and otherwise unstable political regimes to survive, precisely as we're observing now. If Russia wasn't sitting on a lot of oil, I believe the Putin regime would be collecting dust in the history books. Ditto for the House of Saud as well.

I can't speak for the Canadians, though. I fear that if we sanction them, they'll make up for the energy shortfall and retaliate by sending barrages of Timbits over the border.

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Mar 8, 2022Liked by Chris J. Karr, David Thornton

Fun fact to keep in mind: most of the oil Keystone XL was to carry was going to be exported to other markets, and not used within in the USA.

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Mar 7, 2022Liked by Chris J. Karr

I really miss having a President that understood the worlds dependence on and volatility towards energy.

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Mar 7, 2022Liked by Chris J. Karr

Big projects can't be started after they are needed. This is obvious but more people than you would think have no idea of how much lag there is between identifying a need and producing a solution. Just obtaining parts and pieces can take six years or more for large generator stators, step-up transformers and pressure vessels. Similarly, pipelines require custom piping, valves, motors, pumps and software to implement safety features.

Large infrastructure projects require long lead times. That's why the pipeline was being built before it was temporarily shut down in 2019. President Biden killed it upon taking office. Republicans pushing for more domestic production will not necessarily drive prices higher. Biden and his band of far-left administrators have earned every bit of criticism they get. Thinking ahead (or simply thinking) would lessen the problems we face in difficult times.

You are correct that Republicans are playing politics but if you listen to administration officials make excuses for killing the USA economy you might discover they aren't the only ones.

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