Report: Joe Biden to Cancel Keystone XL Pipeline Permit on Day One

[devil21]

Words have meaning and weight.

I'm in a financial nine line bind because just Biden's rhetoric alone has been enough to crush oil drilling prospects in my line of work.

Thousands of other people, many known to me personally, are bankrupt or out of work because of it.

Would you invest billions of dollars into a business that the entire incoming administration has openly stated they want to destroy?

These people losing their livelihoods are not phantasms of a mind control op.

That sound you heard was my point flying overhead. Just because these puppets say something doesn't mean it's actually happening. I hope you don't really think that oil drilling and transport will stop on this landmass. The difference is that it won't be used here but instead shipped off to China or India or wherever and it very well may not be Americans doing the work. For that reason, yes, it may affect your line of work but it doesn't necessarily make the report any more true. This landmass will still produce and transport oil and natural gas, but we'll all be riding around in electric cars. The manufactured public perception of what is happening is very often not what is actually happening. Politics and public announcements, repeated by the media, very often are nothing more than mind control, in the form of managing public perception of what is happening. Like I said, the same perception games that Trump played on his base Biden will play on his. Presidents are little more than PR agents of bankers and corporations. How many of the left believed automatically that Trump pulled out of the Paris Accord just because he said he did, then called him a "planet killer" or similar? Don't be like the left during Trump's term and kneejerk with every report. Inability to rationally analyze situations impedes ability to strategize and plan for yourself.

All of those "no-go zones" (most of this landmass) proposed by Agenda 2030 will leave those spaces open and out-of-sight-of-public-scrutiny for massive resource harvesting, which will be sent to "developing economies". That includes oil and natural gas.

I think ultimately China wants that oil and sees us as it's competitor.

If China wants that oil, and Biden is an asset of China (the WEF, really, but for brevity) why would he actually cancel a project that allows for easier export of that oil? That makes no sense.

 

[Occam's Banana]

I remember when Trump declared he "exited" the Paris Accord to start his term. Guess what? We never left it and the withdrawal didn't take effect until after his term ends tomorrow. Biden has already pledged to "rejoin" the Accord on day one. So in reality we never actually exited the Paris Accord but Trump's base spent the last 4 years thinking we did.

Trump scores points with his peeps for something that never actually happened ("exiting" the Accord).

And Biden scores points with his peeps for something that never actually happened ("rejoining" the Accord).

And yet, nothing actually changed (or really even happened) at all.

Pretty neat how that works, ain't it?

 

[A Son of Liberty]

Words have meaning and weight.

I'm in a financial nine line bind because just Biden's rhetoric alone has been enough to crush oil drilling prospects in my line of work.

Thousands of other people, many known to me personally, are bankrupt or out of work because of it.

Would you invest billions of dollars into a business that the entire incoming administration has openly stated they want to destroy?

These people losing their livelihoods are not phantasms of a mind control op.

Look, I'm with you on the rhetoric coming out of the upcoming bloviator in chief, but WTI is holding fairly steady through all of it, Nat Gas hasn't moved on much other than a poor winter longer term forecast, and there are still a lot of FRN's being thrown into the hat in O&G. Here in the Appalachian, Shell is near completion on a $5B ethane cracker that I doubt they built on hope and well wishes; EQT just plunked down $750M to acquire Chevron's acreage.

My expectation is that Biden will ban drilling on Federal land. That has no impact in the Appalachian, and overall it's relatively meaningless - in fact, the minimal decrease in supply will push prices incrementally higher. Plus, f**k the feds making a penny off of our industry.

ETA: I guess my overall point is that Biden's rhetoric isn't having that much of a cooling effect on the industry at this point. I'm sure there is some money sitting on the sidelines waiting to see how he's going to rule (ahem), but not a lot has changed based on his election, nor on his rhetoric.

 

[Ender]

Trump scores points with his peeps for something that never actually happened ("exiting" the Accord).

And Biden scores points with his peeps for something that never actually happened ("rejoining" the Accord).

And yet, nothing actually changed (or really even happened) at all.

Pretty neat how that works, ain't it?

Kabuki Theatre for the masses.