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Right now is when the XXL pipeline and other like it matter MOST.
The cost for transporting oil by rail (which is how we move close to 1mil per day of it) is about 15$ from ND to NO to be refined. This puts our producers are a 15$ - starting off as far as being competitive. If we would just allow them to build the pipelines they need the cost is closer to $5 a barrel. When prices are 140$ $10 savings in transportation is only 7%. But when oil is all the way down at $40 a 10$ savings is a 25% savings.
By not allowing pipelines to be built we are taking away the ONE and ONLY advantage Domestic producers have. They are Domestic. Transporting Oil across the sea from the middle east is essentially a tarrif in itself. Why penalize our own oil companies.
People are stupid. Drill baby Drill but don't forget to build the pipelines or you end up flaring 30% of the nat gas you find producing a grand total of 0 power for Infinity pollution.
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