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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.


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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
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 16, 2012 5:05:47 AM

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

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Message Posted: Nov 14, 2012 10:13:39 AM

Really?????
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tomok
Champion Author Portland

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Message Posted: Nov 14, 2012 4:23:53 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!
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afghaned
Champion Author Ottawa

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Message Posted: Nov 14, 2012 3:37:06 AM

We should build west not south.
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EVBuddy
Champion Author Nevada

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Message Posted: Nov 13, 2012 11:30:03 PM

Bad news.
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Dodge_Me
Champion Author Atlanta

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Message Posted: Nov 13, 2012 11:25:39 PM

Hmm
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ItisAJeepThing
Champion Author Tucson

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Message Posted: Nov 13, 2012 11:15:33 PM

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

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Message Posted: Nov 13, 2012 11:13:20 PM

old news
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Ray_10589
Champion Author New York

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Message Posted: Nov 13, 2012 11:12:26 PM

wait and see ....
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ican2step
Champion Author Pittsburgh

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Message Posted: Nov 13, 2012 11:11:03 PM

Got it
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N5EXY
Champion Author Austin

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Message Posted: Nov 13, 2012 11:10:25 PM

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

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Message Posted: Nov 13, 2012 11:10:07 PM

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

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Message Posted: Nov 13, 2012 11:08:00 PM

Okay
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LostInNY
Champion Author New York

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Message Posted: Nov 13, 2012 11:06:39 PM

Really?? Oblama wants credit for everything

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

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Message Posted: Nov 13, 2012 11:06:07 PM

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

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Message Posted: Nov 13, 2012 11:05:13 PM

Good speculation
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PK33
Champion Author Ann Arbor

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Message Posted: Nov 13, 2012 11:04:43 PM

Build a refinery in ND
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SteelPenny
Champion Author Dallas

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Message Posted: Nov 13, 2012 11:04:31 PM

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

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Message Posted: Nov 13, 2012 11:04:07 PM

i dont think so
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CivicMA
Champion Author Boston

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Message Posted: Nov 13, 2012 11:02:59 PM

I seriously doubt this!
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rahcat
Champion Author Grand Rapids

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Message Posted: Nov 13, 2012 11:02:15 PM

More Bloviator Rob
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joeschmo12
Champion Author New York

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Message Posted: Nov 13, 2012 11:01:17 PM

dig baby dig
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gasmack
Champion Author Ventura

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Message Posted: Nov 13, 2012 10:57:47 PM

We'll see.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 13, 2012 10:57:44 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.
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GAS1251
Champion Author Texas

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Message Posted: Nov 13, 2012 10:54:41 PM

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

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Message Posted: Nov 13, 2012 10:54:05 PM

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

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Message Posted: Nov 13, 2012 10:53:05 PM

When hell freezes over!
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crashintuc34
Champion Author Tucson

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Message Posted: Nov 13, 2012 10:52:21 PM

Yeah right.
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drpepperTX
Champion Author Texas

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Message Posted: Nov 13, 2012 10:50:36 PM

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

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Message Posted: Nov 13, 2012 10:48:41 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.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 13, 2012 10:45:33 PM

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

You can handle another four years.
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Dodge_Me
Champion Author Atlanta

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Message Posted: Nov 13, 2012 10:45:13 PM

Hmm
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tspaldi
Champion Author Provo

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Message Posted: Nov 13, 2012 10:43:18 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.
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Aviator_Rob
Champion Author New York

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Message Posted: Nov 13, 2012 10:43:01 PM

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

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Message Posted: Nov 13, 2012 10:41:19 PM

We shall see.
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Chris46
Champion Author Dayton

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Message Posted: Nov 13, 2012 10:41:12 PM

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

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Message Posted: Nov 13, 2012 10:41:10 PM

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

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Message Posted: Nov 13, 2012 10:41:01 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.
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SavALot
Champion Author Virginia Beach

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Message Posted: Nov 13, 2012 10:39:42 PM

Canada really wants this
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chuckhermann
Champion Author New York

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Message Posted: Nov 13, 2012 10:36:07 PM

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

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Message Posted: Nov 13, 2012 10:35:04 PM

Don't hold your breath!
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carpenter4u
Champion Author Virginia

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Message Posted: Nov 13, 2012 10:32:55 PM

Not going to happen
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mackconsult
Champion Author Portland

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Message Posted: Nov 13, 2012 10:30:23 PM

He should keep out of it
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mstearno
Champion Author Dayton

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Message Posted: Nov 13, 2012 10:29:32 PM

Moody's is on crack
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bonzoonfmb
Champion Author Florida

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Message Posted: Nov 13, 2012 10:28:31 PM

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

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Message Posted: Nov 13, 2012 10:25:29 PM

Where's my weather rock.
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vibdata
Champion Author Massachusetts

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Message Posted: Nov 13, 2012 10:23:02 PM

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

How'd I do?
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Wsamson7121
Champion Author San Jose

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Message Posted: Nov 13, 2012 10:20:53 PM

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

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Message Posted: Nov 13, 2012 10:20:10 PM

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

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Message Posted: Nov 13, 2012 10:19:26 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.
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