^This is why you canno argue with a low IQ, mentally unstable dumb fuck like LyingVagina426. [/size]
KXL dead!
- Thread starter LV426
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^This is why you canno argue with a low IQ, mentally unstable dumb fuck like LyingVagina426. [/size]
KXL isn't increasing supply, it's just diverting already-existing supply to a market with more buyers, so that TransCanada has the leverage to secure higher fees as opposed to the US refineries in PADD II, who have the current leverage over TransCanada because they're the only buyers in the region.
If you have more buyers, are those buyers going to compete with one another in order to secure the supply?
And if so, how are they going to do that?
How is one buyer going to gain advantage over the other in the competitive market?
I think you know how...you just don't want to say because it undermines your argument.
ExpressLane
Verified User
Its simple supply and demand if there is more oil to buy in Texas the buyers can pay less for it.
Wow, so you're a gigantic piece of shit who deliberately changes what other people say in order to make yourself look better.
You fake-quoted me saying this:
When what I actually said was this:
You're the fucking dumbass who thought otherwise:
A larger market doesn't have anything to do with the size of the supply.
A larger market means larger demand, and that increases the price, not decreases it.
Now you can increase supply to meet that increased demand, but if you increase supply too much, then the demand decreases and the prices drop. Like what happens in US PADD II right now.
You really need to take a macroeconomics course because you have no fucking idea what you're saying from post-to-post.
You fake-quoted me saying this:
When what I actually said was this:
You're the fucking dumbass who thought otherwise:
A larger market doesn't have anything to do with the size of the supply.
A larger market means larger demand, and that increases the price, not decreases it.
Now you can increase supply to meet that increased demand, but if you increase supply too much, then the demand decreases and the prices drop. Like what happens in US PADD II right now.
You really need to take a macroeconomics course because you have no fucking idea what you're saying from post-to-post.
You are the one who seemed to think that it did.
The supply is not increasing, it's just being diverted so that it can be sold for a higher price.
It would be pulled from US PADD II to go to China, India, or any other international buyer.
Right now, the only buyers for that sludge are refineries in US PADD II...because you can't ship oil on a tanker to China from Springfield, IL.
No, they aren't going to pay less for it because the entire global market is going to compete for that sludge vs. the handful of Midwest refineries that compete for it now.
Do you think, as they compete for that sludge, that they're going to compete against each other by offering LESS or MORE for the crude?
Who are the buyers?
Seriously, who are the buyers if the oil goes to Texas vs. if the oil goes to Illinois?
That's a stupid lie and it is lame. If you READ your link, it is talking about expanding supply through export to US refinieries capable of handling tar sands crude. They cannot refine the stuff in Canada. Therefore, need to send it to US refineries capable of handling it.
Only a brain dead, uneducated dumb cunt like you thinks they are going to pull this stuff out of the ground without a way to sell or refine it. MORON.
I cannot agree more.
They aren't creating a larger market you dumb fuck. They are creating more supply. There already is a market for oil dumb fuck.
You dumb cunt; how is there a larger market for oil when everywhere you look demand for it is dropping as a result of the shut downs and electric vehicle production?
THIS from the DUMB CUNT who is happy that the XL pipeline is canceled thus REDUCING supply which INCREASES prices. You really are a triggered mental case on steroids.
NO! They say it's DIVERTING the existing supply to PADD III, where it can be sold for a higher price than it's sold to the refineries in PADD II.
So that will increase the cost to the PADD II refineries without lowering the overall global price of that specific crude.
TransCanada literally said that diverting to PADD III would increase the price TO the price of imported crude, they said NOTHING about lowering the price of imported crude because KXL won't do that.
You seem to think that demand in PADD III is the same as demand in PADD II, but it isn't.
Demand in PADD III is higher because PADD III has access to the global markets and PADD II does not.
What a fucking idiot. You think the demand for oil is uniform across all regions, but it's not. It's limited by geography. Because you can't put oil on a tanker for China from landlocked Springfield, IL.
In order for your argument to make sense, demand in PADD II and PADD III would have to be identical.
But they are clearly not because PADD II is just Midwest access, but PADD III is global access. So the demand is not equal and it's not the same.
ExpressLane
Verified User
Nope a lot it will be going to Cushing Oklahoma. Hardly a world export center
A lot of it is going to the largest refinery in the US. The Valero refinery in Nederland Texas . Some of it is going to a refinery in Liberty Texas near Houston. They are not shipping refined oil . Europe but a lot will go to the US.
WRONG again you dumb, ignorant, lying little cunt. They are sending it to the US to be refined dumbass. They don't have the refining capaicty in Canada for thick crude.
They haven't taken it out of the ground and are waiting for someone to buy it. The whole purpose behind XL was to get it to refinieries that can refine it thus expanding a market for the tar sands from Canada.
If you can't refine it, dumb fuck, you can't sell it.
I am amused by simple minded retards like you who think that we are not dependent on oil and can fly Boeing 747's using solar and wind energy. Really a bunch of dunces.
ExpressLane
Verified User
He is pretty stupid.Cluess dunce doesn't know what the XL pipeline was for.
The PADD III market is a global market, but PADD II is just US Midwest.
Stop talking about things you know nothing about.
NO THEY AREN'T. It's the same supply, just diverted to a different place.
There are multiple markets for oil, idiot, and US PADD II is one of the regions where that market is limited and oversupplied.
You can't sell refined oil in US PADD II to China because you have no way of getting it there. So China, India, and other international buyers aren't competing for oil in US PADD II, which is why we get a discount there.
But US PADD III gives access to global markets, and TransCanada said that KXL will increase the cost of the sludge to the cost of imported crude.
But that isn't going to drive down the cost of imported crude because global demand is independent of supply.
How come my cat understands this, but you cannot?
The global market for oil is larger than the Midwest market for oil, obviously.
Do you not agree?
Do you think that the domestic oil market in the US Midwest is LARGER than the global oil market?
Are you really that fucking stupid?