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Thread: Arkansas learns about the price of oil

  1. #1
    Member nogods's Avatar
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    Arkansas learns about the price of oil



    Arkansas opens probe into Exxon oil spill; clean-up continues

    We don't need no stinkin' regulations - the free market will take care of it...

  2. #2
    Tony Fracasso - Admin
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    That is nasty but as a nation we need oil.

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    Member 300miles's Avatar
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    Just goes to show that environmental regulations are there for a reason. We can have our oil and safety at the same time, but that means setting up some rules and prohibiting pipes in some areas.

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    Member Mindcrime's Avatar
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    Lucky for Exxon all that oil isn't oil, or they might have to help pay for the cleanup.

    The central Arkansas spill caused by Exxon's aging Pegasus pipeline has reportedly unleashed 10,000 barrels of Canadian heavy crude - but a technicality says it's not oil, letting the energy giant off the hook from paying into a national cleanup fund. Legally speaking, diluted bitumen like the heavy crude that's overrun Mayflower, Arkansas, is not classified as 'oil'. And it's that very distinction that exempts Exxon from contributing to the government's oil spillage cleanup fund...

    ...The strange exemption of heavy bitumen crude from classification as oil dates back to a time when the extraction of tar sands on a large scale was thought improbable with technology available at the time. However, while oil companies developed the means to transform Canadian tar sands into a booming energy sector, the legal definition of oil remained the same. The burst comes in the midst of a heated debate surrounding the controversial Keystone pipeline. If the plan goes through, the pipeline would carry the same type of bitumen, from the same region in Canada.

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    Everyone is entitled to their own opinion. No one is entitled to their own facts.

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    All the more reason to start moving away from oil as our primary fuel source.

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    Tony Fracasso - Admin
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    Quote Originally Posted by Jeff View Post
    All the more reason to start moving away from oil as our primary fuel source.
    Your talking silly now. Won't happen as long as other economically active countries exist. The power of oil helps produce products that people need.

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    Tony Fracasso - Admin
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    That lawn isn't going to be easy to reseed.

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    It will be used as long as its profitable. The day supplies start dwindling and prices skyrocket, you'll see the shift. You already saw it during the first wave when gas topped $4 a gallon here (still insanely cheap compared to global prices). 4 cylinder engines are now the norm, B-class cars are everywhere.

    Crude Oils demise has already started.

  9. #9
    Tony Fracasso - Admin
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    Get off your soap box. We have lots of oil. You know oil has been running out ever since they started to sell it. Helps drive up the price.

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    No soap boxing here. Like I said, As long as it's profitable. Fracking has been around for 60 years, but its just becoming popular because prices have become high enough to satisfy profit margins.

    I'm not a conspiracy guy. Prices are where they are do to global demand and local availability.

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    Member yokes's Avatar
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    Quote Originally Posted by Mindcrime View Post
    Lucky for Exxon all that oil isn't oil, or they might have to help pay for the cleanup.
    Pay no attention the the article you posted where they were paying for cleanup..... I know that wouldn't help your spin

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    Member yokes's Avatar
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    Quote Originally Posted by nogods View Post


    Arkansas opens probe into Exxon oil spill; clean-up continues
    We don't need no stinkin' regulations - the free market will take care of it...

    Was this an unregulated pipeline?

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    Member Mindcrime's Avatar
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    Quote Originally Posted by yokes View Post
    Pay no attention the the article you posted where they were paying for cleanup..... I know that wouldn't help your spin
    Yes, yes, just like they promised to pay for the 1989 Exxon-Valdez oil spill? I'm sure this neighborhood will be left good as new.
    Everyone is entitled to their own opinion. No one is entitled to their own facts.

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    Member yokes's Avatar
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    Quote Originally Posted by Mindcrime View Post
    Yes, yes, just like they promised to pay for the 1989 Exxon-Valdez oil spill? I'm sure this neighborhood will be left good as new.
    What do punitive damages have to do with cleanup?

    Tell me what regulation wasn't in place to prevent the Arkansas spill?

  15. #15
    Member Mindcrime's Avatar
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    Quote Originally Posted by yokes View Post
    Tell me what regulation wasn't in place to prevent the Arkansas spill?
    It is precisely the lack of regulation that makes safely transporting oil problematic. The oil industry claims building newer pipes will help avoid more spills and leaks, but the opposite appears to be true. In the first year of the Keystone pipeline's operation, it spilled 35 times. 35. Apparently the pipeline was named after the Cops it shares a namesake with. [Cue the yakkity sax music.]

    And now, while they're busy cleaning up their spill in Arkansas, maintaining a militaristic 'no-fly' zone over the site, they've spilled deadly chemicals in Louisiana:
    ExxonMobil first reported releasing 100 pounds of hydrogen sulfide and 10 pounds of benzene, a volatile organic carbon compound known to cause cancer, because those amounts are the minimum required for reporting, [Coast Guard Petty Officer Jason] Screws said. But the company has since said it is unsure exactly what chemicals were involved or how much may have been released, he said.

    The spill occurred as a result of a break in a pipeline connecting a drum used to store “liquid flare condensate,” with a flare on the refinery site, Screws said. He said the company measured 160 parts per million of hydrogen sulfide and 2 parts per million of benzene in the air at the site of the spill, but has not seen similar readings at the plant’s fence line or in the neighboring community.
    Source
    ExxonMobil's Official Response
    Everyone is entitled to their own opinion. No one is entitled to their own facts.

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