Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:56 PM

GasBuddy News Article

44
votes
Moody's predicts Obama will approve Keystone XL pipeline

Platts -- Ratings agency Moody's predicted Monday that the Obama administration would eventually approve TransCanada's application to build the controversial Keystone XL pipeline.

"But approval will not be quick," Moody's Investor Service said in a report on fallout from the US presidential election. "A prolonged permitting process risks missing the very oil price boom that inspired Keystone XL in the first place."

Gulf Coast oil refiners and marketers stand to benefit from light/heavy crude price differentials as long as the project's permitting process and construction timeline lets TransCanada put the system into operation by 2015 or 2016, Moody's said.


Read the Full Article

Submitted Nov 13, 2012 By: drpepperTX
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Moody's predicts Obama will approve Keystone XL pipeline Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:23,167
Points:2,257,440
Joined:Nov 2008
Message Posted: Nov 16, 2012 6:05:47 AM

predictions are just that... crystal ball gazes.
Profile Pic
7SPEEDY7
Champion Author Flint

Posts:3,641
Points:1,232,595
Joined:May 2011
Message Posted: Nov 14, 2012 11:13:39 AM

Really?????
Profile Pic
tomok
Champion Author Portland

Posts:44,378
Points:2,993,085
Joined:Aug 2006
Message Posted: Nov 14, 2012 5:23:53 AM

Moody's predicts Obama will approve Keystone XL pipeline and if Sneeky or the US government doesn't approve the pipeline, then Big Oil will build it anyway. Sneeky will continue to oppose the Keystone pipeline, so your are in a dream world if you expect him to approve it. The Keystone XL pipeline is Not in his plans to help the US, the sheep voted him in again so you have to live with it now for 'four more years.'
Big Oil and Big Gas exports fuel and natural gas to other countries that will pay more for it, much more than here. This Canadian pipeline will help export that refined crude oil and natural gas by way of the refineries on the Gulf Coast. There will be NO price reduction or cheaper prices for fuel or natural gas IN the US, so it does NOT matter how much crude oil or natural gas is produced in the US or Canada.
'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the 'jobs' are Not here. Sneeky's economy is not improving but continues to hurt the population and the job numbers continue to be down. People will still drive and buy fuel no matter what but it sure helps to have a job too!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
Profile Pic
afghaned
Champion Author Ottawa

Posts:15,504
Points:1,933,290
Joined:May 2004
Message Posted: Nov 14, 2012 4:37:06 AM

We should build west not south.
Profile Pic
EVBuddy
Champion Author Nevada

Posts:19,418
Points:3,666,785
Joined:Sep 2004
Message Posted: Nov 14, 2012 12:30:03 AM

Bad news.
Profile Pic
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:1,050,940
Joined:Mar 2006
Message Posted: Nov 14, 2012 12:25:39 AM

Hmm
Profile Pic
ItisAJeepThing
Champion Author Tucson

Posts:37,342
Points:2,799,075
Joined:Oct 2006
Message Posted: Nov 14, 2012 12:15:33 AM

Send it to eastern Canada, they need a refinery and fuel price relief more than the U.S. needs more oil.
Profile Pic
crreed1
Champion Author West Virginia

Posts:4,522
Points:3,095,400
Joined:May 2005
Message Posted: Nov 14, 2012 12:13:20 AM

old news
Profile Pic
Ray_10589
Champion Author New York

Posts:7,511
Points:1,809,515
Joined:May 2009
Message Posted: Nov 14, 2012 12:12:26 AM

wait and see ....
Profile Pic
ican2step
Champion Author Pittsburgh

Posts:4,311
Points:1,060,775
Joined:Feb 2012
Message Posted: Nov 14, 2012 12:11:03 AM

Got it
Profile Pic
N5EXY
Champion Author Austin

Posts:8,252
Points:2,156,845
Joined:Jul 2004
Message Posted: Nov 14, 2012 12:10:25 AM

Don't bet the barn on it. Bozama would rather wait until it is no longer needed.
Profile Pic
PrinceLH
Champion Author Ontario

Posts:5,452
Points:1,185,620
Joined:Jun 2011
Message Posted: Nov 14, 2012 12:10:07 AM

It's late in the game.
Profile Pic
pastorpaulcg
Champion Author Virginia

Posts:3,615
Points:777,635
Joined:Dec 2010
Message Posted: Nov 14, 2012 12:08:00 AM

Okay
Profile Pic
LostInNY
Champion Author New York

Posts:4,394
Points:1,291,945
Joined:Apr 2011
Message Posted: Nov 14, 2012 12:06:39 AM

Really?? Oblama wants credit for everything

[Edited by: LostInNY at 11/14/2012 12:07:54 AM EST]
Profile Pic
danreino
Champion Author Twin Cities

Posts:9,828
Points:1,838,480
Joined:Mar 2008
Message Posted: Nov 14, 2012 12:06:07 AM

Regardless of Moody's BS; we do need something to sell TO China. Looks like it's oil for now.
Profile Pic
skb69sa
Champion Author San Antonio

Posts:5,996
Points:1,313,175
Joined:Mar 2011
Message Posted: Nov 14, 2012 12:05:13 AM

Good speculation
Profile Pic
PK33
Champion Author Ann Arbor

Posts:1,454
Points:504,845
Joined:May 2011
Message Posted: Nov 14, 2012 12:04:43 AM

Build a refinery in ND
Profile Pic
SteelPenny
Champion Author Dallas

Posts:37,273
Points:3,251,315
Joined:Sep 2005
Message Posted: Nov 14, 2012 12:04:31 AM

Moody full of warm brown stuff and I don't mean puppies.
Profile Pic
Killerbabydoll
Champion Author Tucson

Posts:1,688
Points:816,205
Joined:Sep 2010
Message Posted: Nov 14, 2012 12:04:07 AM

i dont think so
Profile Pic
CivicMA
Champion Author Boston

Posts:4,687
Points:1,180,100
Joined:Jun 2011
Message Posted: Nov 14, 2012 12:02:59 AM

I seriously doubt this!
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:5,460
Points:1,310,525
Joined:Jan 2010
Message Posted: Nov 14, 2012 12:02:15 AM

More Bloviator Rob
Profile Pic
joeschmo12
Champion Author New York

Posts:1,387
Points:382,380
Joined:Mar 2012
Message Posted: Nov 14, 2012 12:01:17 AM

dig baby dig
Profile Pic
gasmack
Champion Author Ventura

Posts:3,675
Points:1,260,310
Joined:Feb 2011
Message Posted: Nov 13, 2012 11:57:47 PM

We'll see.
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,933
Points:1,045,520
Joined:Mar 2012
Message Posted: Nov 13, 2012 11:57:44 PM

Yeah, @drpepperTX, and the Koch brothers pulled Romney's strings. Too bad the string wasn't attached to anything important. All that money wasted.

Oh well, I'm sure they'll make more by bending the driving public over a barrel.
Profile Pic
GAS1251
Champion Author Texas

Posts:7,907
Points:2,273,700
Joined:Jun 2008
Message Posted: Nov 13, 2012 11:54:41 PM

Probably after the Chinese build their own.
Profile Pic
J4romeo
All-Star Author Gary

Posts:510
Points:1,235,530
Joined:Jan 2006
Message Posted: Nov 13, 2012 11:54:05 PM

whatever!another piece of the downward puzzle to add to his term..:)
Profile Pic
FlyNFool
Champion Author South Carolina

Posts:10,899
Points:2,327,770
Joined:Aug 2008
Message Posted: Nov 13, 2012 11:53:05 PM

When hell freezes over!
Profile Pic
crashintuc34
Champion Author Tucson

Posts:5,707
Points:1,146,235
Joined:May 2010
Message Posted: Nov 13, 2012 11:52:21 PM

Yeah right.
Profile Pic
drpepperTX
Champion Author Texas

Posts:13,624
Points:1,396,395
Joined:Apr 2011
Message Posted: Nov 13, 2012 11:50:36 PM

Soros pulls most of puppet Obammy's strings Rob.
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,933
Points:1,045,520
Joined:Mar 2012
Message Posted: Nov 13, 2012 11:48:41 PM

Got any fresh conspiracy theories, @A_NY_Outlaw? The current batch is getting stale.

And as for driving up gas prices, Big Oil is doing just fine in that department, all by themselves. When you increase oil exports at the same time that you increase oil production, gas prices in this country tend not to come down.
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,933
Points:1,045,520
Joined:Mar 2012
Message Posted: Nov 13, 2012 11:45:33 PM

We suffered eight long years through the George W. Bush administration, @suzmar.

You can handle another four years.
Profile Pic
Dodge_Me
Champion Author Atlanta

Posts:2,222
Points:1,050,940
Joined:Mar 2006
Message Posted: Nov 13, 2012 11:45:13 PM

Hmm
Profile Pic
tspaldi
Champion Author Provo

Posts:8,700
Points:1,578,420
Joined:Sep 2010
Message Posted: Nov 13, 2012 11:43:18 PM

Canada wants this for one reason.... So they can sell their oil at a higher price on the world market! The pipeline makes more oil available for refining, just don't expect the price of gas to go down from the pipeline.
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,933
Points:1,045,520
Joined:Mar 2012
Message Posted: Nov 13, 2012 11:43:01 PM

So tell us, @clermont40miles, if the President is a puppet then who is the puppeteer?
Profile Pic
PizzaMon
Champion Author Philadelphia

Posts:6,674
Points:2,476,430
Joined:Jun 2006
Message Posted: Nov 13, 2012 11:41:19 PM

We shall see.
Profile Pic
Chris46
Champion Author Dayton

Posts:46,862
Points:2,717,865
Joined:Sep 2005
Message Posted: Nov 13, 2012 11:41:12 PM

But will the general American public benefit from the pipeline?
Profile Pic
96sc1
Champion Author El Paso

Posts:8,518
Points:1,367,835
Joined:Mar 2008
Message Posted: Nov 13, 2012 11:41:10 PM

Was he just screwing with our heads before?
Profile Pic
Aviator_Rob
Champion Author New York

Posts:6,933
Points:1,045,520
Joined:Mar 2012
Message Posted: Nov 13, 2012 11:41:01 PM

Perfect! Give Keystone XL the permit once it no longer makes economical sense to build the pipeline. That way, we'll see how much CHINA really wants that oil and how much they're willing to pay for it.
Profile Pic
SavALot
Champion Author Virginia Beach

Posts:10,685
Points:2,331,885
Joined:Apr 2005
Message Posted: Nov 13, 2012 11:39:42 PM

Canada really wants this
Profile Pic
chuckhermann
Champion Author New York

Posts:1,773
Points:947,800
Joined:Jun 2011
Message Posted: Nov 13, 2012 11:36:07 PM

You mean now that the election is over and Obama can't be re-elected? I'm surprised.
Profile Pic
CCLighthouse
Champion Author Hartford

Posts:1,508
Points:318,315
Joined:Aug 2012
Message Posted: Nov 13, 2012 11:35:04 PM

Don't hold your breath!
Profile Pic
carpenter4u
Champion Author Virginia

Posts:3,554
Points:1,175,090
Joined:Jul 2011
Message Posted: Nov 13, 2012 11:32:55 PM

Not going to happen
Profile Pic
mackconsult
Champion Author Portland

Posts:5,479
Points:883,085
Joined:Jan 2009
Message Posted: Nov 13, 2012 11:30:23 PM

He should keep out of it
Profile Pic
mstearno
Champion Author Dayton

Posts:9,545
Points:2,264,550
Joined:Jan 2008
Message Posted: Nov 13, 2012 11:29:32 PM

Moody's is on crack
Profile Pic
bonzoonfmb
Champion Author Florida

Posts:2,540
Points:888,110
Joined:Feb 2010
Message Posted: Nov 13, 2012 11:28:31 PM

Please no more Keystone crap. No matter what happens it will not lower the price of U.S. domestic gasoline.
Profile Pic
jorod55
Champion Author California

Posts:4,217
Points:1,078,280
Joined:Dec 2011
Message Posted: Nov 13, 2012 11:25:29 PM

Where's my weather rock.
Profile Pic
vibdata
Champion Author Massachusetts

Posts:5,118
Points:1,069,705
Joined:Nov 2005
Message Posted: Nov 13, 2012 11:23:02 PM

I PREDICT: That Moody's will predict that Obama will approve Keystone.

How'd I do?
Profile Pic
Wsamson7121
Champion Author San Jose

Posts:6,031
Points:2,415,655
Joined:Feb 2003
Message Posted: Nov 13, 2012 11:20:53 PM

I'm just skeptical as to if he will approve the pipeline.
Profile Pic
MopedTime
Champion Author Michigan

Posts:1,970
Points:835,890
Joined:Mar 2012
Message Posted: Nov 13, 2012 11:20:10 PM

Delay would only cost more for everyone.
Profile Pic
Wanda127
Champion Author Florida

Posts:5,124
Points:1,556,270
Joined:May 2010
Message Posted: Nov 13, 2012 11:19:26 PM

"But approval will not be quick," Moody's Investor Service said in a report on fallout from the US presidential election. "A prolonged permitting process risks missing the very oil price boom that inspired Keystone XL in the first place."

So, we can not depend of much in the way of jobs or less expensive fuel from this anytime soon.
Post a reply Back to Topics