JamesBr wrote:
Given that the US is now exporting more ULSD then it has since the required move to ULSD production for road vehicles, it is pure greed both at the national level and state level.
And a previous poster added because of not having the Keystone pipeline. The Keystone was to get oil to the Gulf coast for refining for domestic and export use thereby increasing supply. They added that the oil designated for the Keystone WILL be shipped to China where they will poorly refine and increase pollution. The Canadians will only wait so long.
The pipeline is the safest method of shipment. Recent events with trains have proven that they are not immune to accidents. Burlington Northern who has the monopoly on train shipments is adding additional capacity to ship to the Gulf coast and adds fifty cents per barrel to cost. Of course, Berkshire Hathaway owns Burlington and they have a coziness with certain people.