Things are seldom “that simple”.

Every additional source of supply puts pressure on the other suppliers. If they raise their prices, buyers can buy from others. If countries whose main source of income is that one thing, then they can’t meet expenses or buy food. This leads to revolts against the government. There is war all over the Middle East. The leaders need sales.

Exploration goes down as supply goes up or demand goes down, but current production doesn’t just stop.

Keystone pipeline bringing in Canadian supply is unlikely to just go away.

Saudi Arabia isn’t the only player in the game.

David for more nuclear and geothermal

Since when does an increased supply raise the cost?

We are already selling petroleum products to other nations. They send us their crude, our refineries refine it into things like gasoline, kerosene, diesel, heating oil, asphalt, and then sell the refined products to whomever wants them enough to pay most for them. The money from those sales will go to American companies and shareholders.

In the case at hand, that means American workers will be refining Canadian petroleum and we will have a reliable supply of the products. It also means if war breaks out somewhere else in the world, our supply won’t be cut off. In fact if what we have been selling to other nations is cut off so it can’t reach them, it will mean an even lower price for those who can still buy it, us.

David for good things

A diesel gets at least 15 percent better thermal efficiency than a gasoline engine and the fuel contains something like 14% more energy per gallon.

So 1.15 x 1.14 = 1.31 times as much energy actually delivered from a gallon of diesel in a diesel engine than a gallon of gasoline burned in a gasoline engine.

If gasoline costs $2/gallon, diesel would be cheaper fuel to use as long as the price was less than $2.62/gallon. (I have no idea what it is lately.) These are just rough numbers.

If diesel cost more than that ratio, long haul drivers would probably start switching back to gasoline to save money.

People who have money to throw away may not care.
Since the price dropped so much recently, more people have more money to throw away.

David for freedom of choice

You would need to buy that drum-full of diesel pre-disaster.
I will gladly swap you today.

David for free trade

Cheap fuel is an opportunity to pay off the deficit and provide some measure of economic recovery. We may have sailed beyond the point of no return on our national debt, but let us at least make an attempt!

The $1.00 in taxes could be applied to the deficit and misguided military adventures what ever, and those state and local taxes can be applied to operating and maintenance cost.

Henry Ford was right about those international bankers and robber baron industrialist. We Americans are not cattle to be fed upon by the greedy. We are the people who had better stand up for our interest and protect our resources. Call your congress person and express your disdain for this pipeline scheme.