like crazy. bottom line, gary b, the china play here, what s it going to do? well, look, brenda, it s not going to be good for us, it s going to be good for them and you know, it gets back to really this whole incremental, the negative as the administration likes to pose it. they always say, shoot, even if we open you anwar tomorrow it s not going to reduce oil prices, they have the attitude, yes, things that happen tomorrow are not going to reduce the price at the pump today, but it s all of these things, it s anwar, it s off shore drilling. all of the above. the pipeline. yes, let s keep doing that incrementally and eventually, yes, price also come down and okay, that s got to be the last word. thanks, guys. so, the golden arches going for gold with a new healthy olympic menu, but someone here says, mickey d s is caving to the food police. and that will be an mcbummer for investors everywhere. so anyway, i ve been to a lot of places.
be double or tripled out of the money they ask from the pipeline from alberta to british columbia to china, and call it the china pipeline. and gary b, is that going to raise some prices, do you think, in the end? oh, absolutely, brenda, oil is supply and demand and the thing that s baffling to me, i think every administration back to the truman administration has said, you know, we have to be oil independent, we have to at least get off the our dependency on the middle east. you have a country in canada, our closest allies for the last who knows you how long, has the second biggest oil reserves behind only saudi america and venezuela, and yet, we could build a pipeline there and be at least in partnership with them and instead we re squandering money on the silly green projects that have gone nowhere. it s baffling to me why we re doing this. jonas, why do we care if a foreign company is buying
delay and block this pipeline, and china gets it, i don t understand why the administration doesn t. they do the get it. go ahead, chris. well, i mean, i was going to say that the notion that somehow oil prices are going to just drop because of the pipeline being built. there are external factors going into oil prices, if there s a middle east crisis, the oil prices are going to skyrocket whether the pipeline is built. i would have built it for the jobs reasons, forget about the oil prices. we have an economy starved for jobs right now starved, this could add tens of thousands of jobs around the united states, perhaps 100,000 or more, it s a no-brainer. but quick here, chinese look at this game and laugh, these idiots could take almost 2 million barrels a day, and more in the the united states, no, we ll take it and we ll take not just 2 million, it s 4 million and they re going to just jump this business up