Comments on: Big Oil Backs Killing Keystone XL Pipeline https://calwatchdog.com/2012/02/15/big-oil-backs-killing-keystone-xl-pipeline/ Wed, 30 Mar 2016 19:51:48 +0000 hourly 1 By: queeg https://calwatchdog.com/2012/02/15/big-oil-backs-killing-keystone-xl-pipeline/#comment-14983 Fri, 17 Feb 2012 08:12:24 +0000 http://www.calwatchdog.com/?p=26146#comment-14983 Hmmmm….inelastic is your future…your a cooked frog like what the Fed does to interest rates.

]]> By: John Gardner https://calwatchdog.com/2012/02/15/big-oil-backs-killing-keystone-xl-pipeline/#comment-14982 Fri, 17 Feb 2012 01:58:31 +0000 http://www.calwatchdog.com/?p=26146#comment-14982 “Big oil and gas producers with proven energy reserves quietly supported the Obama Administration’s alternative energy initiatives because they expected the ludicrously high cost of alternatives to drive up prices for their production.”

A plausible hypothesis, but where’s the proof? However, it is also quite possible that big energy companies “back” alternative energy as just good PR.

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