In the discussion thread: IF the oil that would flow through the Keystone pipeline is for US consumption... [View all]
Response to liberal N proud (Original post)
Sun Mar 18, 2012, 11:48 AM
Lochloosa (8,867 posts)
7. A few facts...
Key Facts on Keystone XL
Energy Security: Tar Sand will not Reduce Dependence on Foreign Oil
Keystone XL will not lessen U.S. dependence on foreign oil, but transport Canadian oil to American refineries for export to overseas markets.
•Keystone XL is an export pipeline. According to presentations to investors, Gulf Coast refiners plan to refine the cheap Canadian crude supplied by the pipeline into diesel and other products for export to Europe and Latin America. Proceeds from these exports are earned tax-free. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.
•Reducing demand for oil is the best way to improve our energy security. U.S. demand for oil has been declining since 2007. New fuel-efficiency standards mean that this trend will continue once the economy gets back on track. In fact, the Energy Deptartment report on KeystoneXL found that decreasing demand through fuel efficiency is the only way to reduce mid-east oil imports with or without the pipeline.
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Replies to this discussion thread
|liberal N proud||Mar 2012||OP|
|liberal N proud||Mar 2012||#2|
|excuse not to write||Mar 2012||#6|
|liberal N proud||Mar 2012||#5|
A few facts...
|liberal N proud||Mar 2012||#10|
|liberal N proud||Mar 2012||#12|
|kenny blankenship||Mar 2012||#9|
|liberal N proud||Mar 2012||#17|
|Sen. Walter Sobchak||Mar 2012||#20|
|liberal N proud||Mar 2012||#22|
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