Keystone XL Pipeline
- America depends on 505,000 miles of existing pipelines to move energy and raw materials.
- Canada already sends 99% of its oil exports to the US, mainly through pipelines.
- While the national debate has focused on crude oil from the Canadian tar sands, about 12% of the Keystone XL capacity would be reserved for Bakken crude from Montana and North Dakota.
The proposed Keystone XL Pipeline would transport over 800,000 barrels of crude oil per day from Canada and the Bakken in Montana and North Dakota to refineries in the Gulf Coast. Despite the fact that it would deliver a secure source of energy from a trusted ally, Big Green’s lobbying won over jobs and energy security when President Obama denied the project. Ignored were findings by the State Department that the pipeline would be safe, reduce greenhouse gas emissions, and increase U.S. energy security.
Canada already sends more than 99% of its oil exports to the United States, safely transmitting them mainly to midwestern refineries via pipelines. Buying oil from environmentally responsible Canada rather than from unfriendly nations that do not meet basic environmental standards makes sense from multiple standpoints–diplomatic, environmental, economic, and energy security.
The facts about pipelines tell a much different story from radical environmental talking points. America depends on 505,000 miles of existing pipelines to move energy and raw materials. Pipelines are the safest, most reliable, economical, and environmentally favorable way to transport oil and other petroleum products throughout the United States. TransCanada, the project proponent, agreed to 57 special conditions over and above what is required by law to ensure the highest level of safety and environmental protection. The State Department’s Final Environmental Impact Statement estimated that the pipeline would support 42,100 jobs and contribute approximately $3.4 billion to U.S. gross domestic product.
Keystone XL remains stalled for the remainder of the Obama Administration, but could move forward with a more favorable Administration and/or Congress. TransCanada has turned to the courts to appeal the denial.