John Anthony

9 minutes ago, TheDeuce said:

I think you're trying to say the projected operational date was 2023. My point remains the same, that doesn't have anything to do with the current gas spike. 

Micro vs. Macro debate.  Let’s not pretend that oil/gas prices weren’t already rising before the Russian attack.  We’re now going to $3.89 a gallon vs. $3.49 without the attack.  The fact that we’re asking the Middle East for more oil  to fix this is catastrophic failure of policy in my book.

3 minutes ago, TheDeuce said:

Sure, if the operational date were that close, I could see it having an impact at that point. 

2 minutes ago, CincySportsFan said:

Being 5 months out is a whole lot different than 5 years, in my opinion.  If you make money off of oil, why would you willingly forsake 5 years of higher profits?  Heck, they jump prices just at the prospect of a refinery or two being impacted by a hurricane, even though they know they (the refineries) will eventually be back up.  I think they are more of a "strike while the iron is hot" type of market.  And right now, the market is sizzling.  Five years might as well be an eternity.

 

Keystone XL pipeline was first proposed, and many wonder if it will even be necessary by 2023, the date that owner TransCanada predicts it will open for use.
 

The answer was yes.

2 minutes ago, TheDeuce said:

If we are talking about this current spike in gas prices, the Keystone has zero impact on that. 

If the argument is the plans of the pipeline affect the price over a long period of time, sure, that makes at least a little more sense. 

So we agree that if the Keystone had an operational date of 7/1/2022, the 830,000 barrels of oil would be exactly what we need right now, in theory?

5 minutes ago, theguru said:

We are not there yet to phase out oil but I agree we need to be working on clean/green tech but not get carried away with it. 

I do agree energy is a national security issue and under no circumstances should America be dependent on anyone for anything when it comes to energy. 

Nobody who currently walks this planet won’t avoid oil use in their lifetime.  Do we need to look into green tech yes, absolutely.  But it’s at least a decade or two away from adoption.  Why choke off oil in the meantime?

Just now, TheDeuce said:

I completely understand what you're saying. 

I think I’m confused on why you state canceling a pipeline doesn’t effect the price of oil?   Let’s say I’m granted permission to build “The Deuce” pipeline a new project in the Dakota’s or Alaska.  Yes, it would take 2-5 years to become fully functional, however, I’m willing to bet it would start to scare oil speculation bulls, in turn, could lower oil immediately based on future potentials. 

5 minutes ago, TheDeuce said:

Again, the Keystone, at MAYBE 10% completion, is not impacting gas prices today. You can say it until you're blue in the face, it's still wrong. 

Any news of the US attempting to produce more oil impacts gas prices.  Pipelines, oil rigs, domestic drilling it all pays a part of supply and demand.  I trade stocks, not necessarily commodities like oil, but I have friends who look at the daily/weekly US oil rig count and bet 100k on oil prices to reflect it.  You have to understand how oil is traded to understand that I’m saying.  It’s more speculative than Bitcoin.

1 minute ago, Voice of Reason said:

On this discussion, I much rather want us to focus on reducing reliance on oil versus adding. This war in Ukraine reinforces that point to me even more so. It is much more than an environmental issue. It is a national security issue.

Trust me I’m 100% against us buying Russian oil, financing the attacks on Ukraine.  I prefer Texas and Oklahoma oil to Russian.

4 minutes ago, TheDeuce said:

If you don't understand that a pipeline that would not be completed for YEARS does not impact supply and demand TODAY, I can't help you. 

Again, you don’t understand oil is traded on speculation.  Speculation means, what someone predicts will happen.  For example, when Covid hit, oil tanked, why?  Because speculators saw less people driving.  Fast forward to today, we’re moving back to a normal economy but we haven’t made oil investments to support it.  

4 minutes ago, TheDeuce said:

None of that has anything to do with the Keystone. 

If you don’t understand supply and demand I suppose.  We need more supply, more pipelines, more projects, more oil.  Electric is 20 years away, choking it off this early was foolish.

6 minutes ago, TheDeuce said:

The Keystone Pipeline is not the (or even one) reason gas prices are what they are currently. That's simply an attempt to place blame. 

You don’t know what you speak of.  When the US announced the release of 30 million barrels the other day, oil actually went up 8 dollars.  That’s speculators laughing at the announcement considering its 2 days worth of consumption.  Now if we announced a project that would produce 300 million barrels, you would see a 10% oil sell off immediately.

48 minutes ago, TheDeuce said:

Any time someone brings this up, I immediately stop listening because, to your point, it was no where close to completion, and wouldn't be much closer today.

Oil is traded on speculation.  Those who understand that, understand the value of projects and lack there of.

Crude oil now up to $114, they are trying hard for $120.  It’s gonna be a brutal spring ladies and gents.

Russia overlooked Ukraine and has been exposed a little bit.  Yeah it will be a war of attrition and Russia has a bigger war machine, but never doubt Will.  The Will to fight is everything in war.

Russia’s Air Force has been subpar.  They are deploying more warships and planes to make for their deficiencies.  Russia will likely eventually win, but won’t come away feeling like winners.  I know a few F22 pilots who are taking note of the Russian Air Force right now.  Ukraine flys the Mig-29 which is basically an F16.  If the F16 is giving you fits, the F22 would be what nightmares are made of.

8 minutes ago, Irish Cat said:

According to Wikipedia if completed the XL section of the Keystone pipeline would have increased the capacity of the pipeline by 510,000 barrels per day.  If we really wanted to, we could eliminate the need to rely on any Russian oil.   

There’s nothing we can do at this point.  There isn’t an easy or quick fix.  Big oil is reaching out offering to do more if they are allowed.  Russia (obviously) and Saudi Arabia will not intervene to lower prices or increase production.  This is literally going to be a bubble to watch burst.  It will burst once demand destruction begins in April/May-ish I’m guessing.  Sit back and absorb the pain, $4 is coming to a pump near you.

5 hours ago, Bert said:

True.  With the way UM likes to portray itself as being above the moral ground compared to the rest of college athletics, this puts their AD and president in an ugly position.

Elite academic research university, sir.

23 minutes ago, TheDeuce said:

I wasn't aware (or didn't remember, one of the two) that apparently Howard told another coach he was going to kill him last year?

That changes things for me. That makes this a pattern. 

A lot of people rushed in to say “you don’t grab another man’s arm” without any facts.  Howard was cussing and saying “I’ll remember that” and the Wisky coach wanted to explain why he calmed timeout.  The coach should have let him walk by pouting but I think he wanted to squash any beef on the spot.

1 hour ago, theguru said:

Jason Whitlock tore Howard up in an article published on theblaze.com, it is a little too spicy for BGP but still a good read. 

Whitlock is too objective for a lot of people.  Heck, Randy Moss said he was gonna deal with Whitlock when he saw him last year.  He later deleted that tweet.

4 minutes ago, 4 Quarters said:

This guy has to be terminated, no room in the college game today for this type of behavior.

1 minute ago, theguru said:

I agree.

He can come back next year with another job. 

I hate to see it come to that. He clearly has anger management issues.  He threatened to “kill” Mark Turgeon after the Maryland game last year.  
 

Even with Michigan’s pompous attitude, I don’t think they will fire him.  Although, a lot more people are turning critical of him today as more facts and history comes out.

I’d vote for a season ending suspension with proof of anger management classes in the off season then put this behind him for 2022-2023.

Michigan, loves to portray this “world class standards & prestige to the rest of the B1G.”  I’m curious to see how they react to this.  The Buckeye side of me at least.

3 minutes ago, TheDeuce said:

Of course he is responsible. He should and will be suspended and likely fined IMO. I doubt he loses his job, but I wouldn’t be surprised. 

Agreed, there was no justification to support what Juwan did.  I’m shocked he hasn’t apologized yet to be honest.

1 minute ago, TheDeuce said:

I didn’t say it was?

You’re going out of your way to say he didn’t initiate it.  Agreed, but he’s responsible for how he reacts.

Should he be fired or serve a lengthy suspension?

1 minute ago, TheDeuce said:

That doesn’t change the point I’m making about kids and their role models.

I’m asking you to clarify how it was permissible to punch a random staff member, while he was being held back by the Michigan staff.  

5 minutes ago, TheDeuce said:

If your kid swings at another kid in the handshake line, that’s your fault, not Juwan Howard’s. 

I just rewatched the video.  Juwan didn’t even punch the guy who stopped him for a handshake did he?  He was essentially punching a random staff member?

53 minutes ago, TheDeuce said:

Parents are responsible for teaching their kids what’s wrong and right. If they are learning that from college/pro coaches and athletes, that’s a parenting issue. 

What if they don’t have parents and the coach is the closest thing to a father?

3 hours ago, TheDeuce said:

Juwan Howard reacted to Gard putting his hands on him, let’s make sure we’re clear on that. 

He punched him 3 minutes later during the scrum right?  After the Wisky coach stopped him to talk.  Or was there a 2nd confrontation during the scrum, that lead to the punch?