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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow much would Keystone pipeline help US consumers?
http://www.msnbc.msn.com/id/46689167/ns/us_news-christian_science_monitor/Often lost in the political wrangling over the controversial Keystone XL pipeline on hold after President Obama rejected TransCanadas initial construction proposal are some key findings that run counter to the rosy picture of abundant supply and lower prices so often painted by US politicians.
Canadian companies backing the Keystone XL touted as enhancing US energy security with a big new surge of imported Canadian oil actually expect it to supply more lucrative Gulf Coast export markets as well as raise Midwest oil prices by reducing oversupply in that region.
These little-publicized findings are contained in the studies and testimony of experts working for TransCanada, the company that wants to build the pipeline from Albertas tar sands across Americas heartland to Gulf Coast refineries.
Some of these concerns popped up, albeit briefly, in US congressional testimony last year on the pipeline project, and have given rise to a recent proposal to bar the sale of Keystone oil overseas.
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How much would Keystone pipeline help US consumers? (Original Post)
xchrom
Mar 2012
OP
Not a bit. And in the "Keystone State" we've got our own pipeline controversy.
HopeHoops
Mar 2012
#1
HopeHoops
(47,675 posts)1. Not a bit. And in the "Keystone State" we've got our own pipeline controversy.
Corbett wants to push through approval for a massive pipeline from the frackin' fracking zone to MD and NY. It will destroy over 300 acres of about 200,000 mature trees, cross over 100 streams, and 41 wetlands. No WAY that could go wrong, right? It cuts through pristine and untouched forests most of the way. Yeah, that's good for PA. And it sends the gas to other states. We obviously don't need it. Oh, on top of that, the pressure regeneration stations will have pretty much unlimited access to residential areas, as will the pipe line. Any well can tap in anywhere along the line, so you can kiss that forest area good-bye. He's evil.
Tennessee Gal
(6,160 posts)2. Also covered here:
Doremus
(7,261 posts)3. Trading oil for contaminated water
Not such a good deal, unless you shower in Perrier everyday anyway.