what are the benefits of the keystone pipeline

^{What Are the Pros of the Keystone Pipeline?}

1. The Keystone Pipeline can be a major job creation project. ...
2. The Keystone Pipeline can be a major economic contributor. It is believed that the Keystone XL pipeline has the potential to contribute more than $3 billion annually to the ...
3. It would re-establish the Alberta oil sands sector for Canada. ...
4. It creates a reliable product for Gulf Coast refiners to process. ...
5. It makes the Canadian economy more efficient. The oil industry in Canada is responsible for 1/6 of the nation’s economy. ...
The amount of emissions added to the atmosphere from Keystone XL are negligible. ...
Pipeline transportation is safer than other methods. TransCanada has essentially said that they are going to process tar sands oil whether the pipeline extension for Keystone is built or ...
It isn’t a full pipeline project. The Keystone pipeline already exists in a completed state. At the moment, it delivers tar sands oil to the Midwest. ...
It promotes US oil development in addition to supporting Canadian development.

What would be the dangers of the Keystone Pipeline?

The Keystone XL pipeline would carry 900,000 barrels of dirty tar sands oil into the United States daily. The water used to extract the oil from the tar sands becomes a danger to people, animals, and the surrounding land. The process produces toxic by-products including bitumen, from sand, silt, and clay.

What will be the effects of the Keystone Pipeline?

Ultimately, construction of the Keystone XL Pipeline could have detrimental effects on the environment, such as the destruction of ecosystems, the loss of habitats, and the pollution of nearby rivers. But proponents of the pipeline state that the economic benefits the construction process can have on the economy is much needed.

What are facts about Keystone Pipeline?

Quick Facts

• Keystone XL 329 miles (529 km) in Canada (Hardisty, Alta., to Monchy, Sask.)
• 840 miles (1,351 km) in the United States (Phillips County, Mont. to Steele City, Neb.)
• 36-inch diameter pipeline Capacity of 830,000 barrels per day

What is going on with the Keystone Pipeline?

Studies have linked leaks from oil sands pipelines like Keystone XL to significant degradation of nearby land and water resources. A major concern is tailings ponds, the product of toxic waste from mining in the tar sands that can sicken communities and wildlife that depend on the land to survive.

What are some potential benefits of the Keystone pipeline?

Economic Advantages Keystone XL will contribute more than $3 billion towards U.S. GDP. Taxes paid by the project will mostly benefit the towns and counties it passes through. Tax revenues for counties along the pipeline route is expected to increase by at least 10% for more than half of these counties.

What is the main purpose of the Keystone pipeline?

The Keystone XL pipeline extension, proposed by TC Energy (then TransCanada) in 2008, was initially designed to transport the planet's dirtiest fossil fuel, tar sands oil, to market—and fast.

How does the Keystone Pipeline benefit the economy?

During construction in Canada, Keystone XL will put thousands of Canadians to work and provide numerous economic benefits for communities along the pipeline right-of-way. This will include millions of dollars in additional taxes to municipalities, as well as investments in local community initiatives.

What are the negatives of the Keystone pipeline?

10 Reasons Why the Keystone XL Pipeline is a Terrible IdeaIt won't create more jobs. ... The pipeline will run dangerously close to drinking water. ... Bad Water. ... Gas prices will rise. ... There will inevitably be spills. ... The Keystone XL is in the United States, not for the United States. ... Greenhouse Gases and Climate Change.More items...

Why was the Keystone pipeline stopped?

Keystone XL was halted by owner TC Energy after U.S. President Joe Biden this year revoked a key permit needed for a U.S. stretch of the 1,200-mile project.

Where would the oil from the Keystone pipeline go?

The existing Keystone runs from oil sand fields in Alberta, Canada into the U.S., ending in Cushing, Oklahoma. The 1,700 new miles of pipeline would offer two sections of expansion.

Who will benefit from the Keystone XL pipeline?

The Keystone XL pipeline is a 1,200 mile pipeline that will safely deliver crude oil from Canada and North Dakota to the United States. First proposed in 2008, the $8 billion pipeline would deliver over 800,000 barrels of oil a day.

Why is the Keystone XL pipeline bad?

No matter how you look at it, Keystone XL would be bad for wildlife, especially endangered species. Many imperiled species live along the proposed pipeline's path and in areas where tar-sands oil is produced. If the pipeline were built, it would decimate habitat these species rely on.

Who owns the oil in the Keystone pipeline?

Owned by North American company TC Energy, the Keystone XL Pipeline “is the fourth phase of the Keystone Pipeline System,” an existing 2,687-mile pipeline whose Canadian portion “runs from Hardisty, Alberta, east into Manitoba where it turns south and crosses the border into North Dakota,” according to the company's ...

How far does the Keystone pipeline cover?

The Keystone XL pipeline presents some severe security challenges since it covers almost 2,000 kilometers of distance. There is no way that one single jurisdiction can cover all of the ground in case someone wanted to blow it up for some reason.

How many branches are there to the Keystone pipeline?

There is a main trunk line and eight branches to it. In comparison, the Keystone XL pipeline that generates controversy because of its placement is planned to be 1,897 kilometers upon completion. It would transport up to 830,000 barrels of oil each day for processing.

How many barrels of oil were released from the pipeline in 2011?

The number of crude oil releases from pipelines that were greater than 500 barrels is down by 32% since 2011. Most of the incidents that do occur don’t impact the general public either, with 71% of reported incidents wholly contained with the operation facility where it occurred.

Why are pipelines good for the economy?

Although pipelines can and do leak at times, the overall benefits to the economy and general lack of environmental impacts make it a win/win situation for most communities to consider. 3. It allows for workers to tap into distant resources without significant capital.

Why are pipelines important?

Pipelines are useful in the transmission of liquid items from one location to another. You have this technology in your home because a pipe drain takes sewage away from your property to the wastewater treatment plant. Fresh water supplies are available at your faucet because a pipe brings water to your property – even if you have a well drilled to access this resource. We also use pipelines to move energy products, such as crude oil, in as efficient a manner as possible.

How long is the West East Gas Pipeline?

The global oil and gas energy have some of the longest ones operating that have ever been created. The West-East Gas Pipeline stretches for over 8,700 kilometers, with PetroChina owning a 72% interest in the project. There is a main trunk line and eight branches to it.

Which country has the longest pipeline?

The United States doesn’t have the longest pipelines in the world, but it is home to the largest network of them. There are over 207,000 miles of liquids pipelines in operation at any time. That’s in addition to over 300,000 miles of gas transmission pipelines and 2.1 million miles of gas distribution pipelines.

When did Obama refuse to grant a permit for the Keystone pipeline?

When the Obama administration refused to grant the cross-border permit necessary to build TC Energy’s Keystone XL oil pipeline in November 2015, it struck a blow against polluting powers and acknowledged the consensus on this misguided project from a wide swath of people and organizations. “America is now a global leader when it comes to taking serious action to fight climate change,” President Obama said. “And, frankly, approving this project would have undercut that global leadership.” The Obama-era decision echoed a seven-year State Department review process with EPA input that concluded the pipeline would fail to serve national interests.

What would happen if Keystone XL was fully realized?

A fully realized Keystone XL would lead to more mining of that “nasty stuff” by accelerating the pace at which it’s produced and transported. (Indeed, Keystone XL was viewed as a necessary ingredient in the oil industry’s plans to triple tar sands production by 2030.)

How much oil would be transported by Keystone XL?

To be precise, it would transport 830,000 barrels of Alber ta tar sands oil per day to refineries on the Gulf Coast of Texas. Some 3 million miles of oil and gas pipelines already run through our country. But Keystone XL wouldn’t be your average pipeline, and tar sand oil isn’t your average crude.

Why is Keystone XL being opposed?

Opposition to Keystone XL centers on the devastating environmental consequences of the project. The pipeline has faced years of sustained protests from environmental activists and organizations; Indigenous communities; religious leaders; and the farmers, ranchers, and business owners along its proposed route. One such protest, a historic act of civil disobedience outside the White House in August 2011, resulted in the arrest of more than 1,200 demonstrators. More than 90 leading scientists and economists have opposed the project, in addition to unions and world leaders such as the Dalai Lama, Archbishop Desmond Tutu, and former president Jimmy Carter (together, these and other Nobel laureates have written letters against the project). In 2014, more than two million comments urging a rejection of the pipeline were submitted to the State Department during a 30-day public comment period.

When will Keystone XL be cancelled?

January 20, 2021 Melissa Denchak. UPDATE: June 9, 2021: TC Energy announced that it is canceling the controversial Keystone XL tar sands pipeline, putting an end to a fossil fuel project that endangered waterways, communities, and the climate, which President Biden denied a key permit for on his first day in office.

Where is Keystone XL?

The first, a southern leg, has already been completed and runs between Cushing, Oklahoma, and Port Arthur, Texas. Opponents of this project—now called the Gulf Coast Pipeline—say that TC Energy took advantage of legal loopholes to push the pipeline through, securing a U.S. Army Corps of Engineers permit and dodging the U.S. Environmental Protection Agency’s (EPA) more rigorous vetting process, which requires public input. The second segment is the currently contested 1,209-mile northern leg—a shortcut of sorts—that would run from Hardisty, Alberta, through Montana and South Dakota to Steele City, Nebraska.

Is Keystone XL pipeline shut down?

Most recently, on October 31, 2019, the Keystone tar sands pipeline was temporarily shut down after a spill in North Dakota of reportedly more than 378,000 gallons. And the risk that Keystone XL will spill has only been heightened: A study published in early 2020, co-authored by TC Energy’s own scientists, found that the anti-corrosion coating on ...

How much will Keystone XL increase the price of crude oil?

Keystone XL will increase the price of heavy crude oil in the Midwest by almost $2 to $4 billion annually , and escalating for several years. It will do this by diverting major volumes of tar sands oil now supplying the Midwest refineries, so it can be sold at higher prices to the Gulf Coast and export markets.

Is Keystone XL a good idea?

Exactly why Keystone XL may not be a good idea —unless there are restrictions on exporting the oil out of North America, but something that will probably never happen. See a slide show of a reality check on U.S. energy sources. Read the U.S. News debate on fracking. Follow the U.S. News Energy Intelligence blog on Twitter.

Is TransCanada pipeline permanent?

TransCanada admits permanent jobs would only number in the hundreds. On the flip side, the pipeline would be permanent, and the rise in price for this oil that we already consume would rise for decades to come.

How much tax revenue will be generated from Keystone XL?

Construction of Keystone XL would cause a short-term tax revenue increase (primarily from sales and use taxes) of $66 million. Once the pipeline is operating, 27 counties will collect an additional $56 million in taxes. The pipeline won’t affect property values, according to the government.

What happens during the Dakota Access pipeline?

During construction, towns along the pipeline’s path are likely to see local booms in business, as workers spend money on lodging, food and entertainment. This has already happened along the Dakota Access corridor. However, like the construction jobs that fuel it, the boom is temporary.

What pipelines did Trump build?

President Donald Trump announced Tuesday that construction would move forward on the Keystone XL and Dakota Access pipelines , both of which had stalled under the Obama administration. The decision was a blow to environmental activists and supporters of tribal sovereignty, but was touted by the White House as a great boost to the American economy.

How much will the Dakota Access pipeline generate?

The projects would also increase local tax revenue. Once the Dakota Access pipeline is operational, it will generate about $55 million in property taxes, split across four states, according to estimates.

How much did the BP oil spill cost?

The five-year cleanup of BP’s oil spill in the Gulf of Mexico, starting in 2010, cost the company $62 billion. That doesn’t include the cost of decreased tourism, diminished wildlife and land that becomes unusable. It also doesn’t account for potential long-term health effects.

How has Keystone pipeline affected Oklahoma?

Again, the impact will be felt not just in Oklahoma: The pipeline here increases the transport of oil to Cushing, one of the largest transshipment and oil-storage locations in the world.

Is the Keystone pipeline good?

Killing the Keystone XL pipeline does no tangible good and will doubtless cause harm to countless Americans, and even to the environment that the decision pledges to protect.

How many miles of pipe is the Keystone pipeline?

Fast Facts on the Pipeline. The Keystone Pipeline already exists. In fact, the Keystone Mainline is 1,353 miles of 30" pipe which extends from Hardisty, Alberta to refineries in Wood River and Peoria, Illinois. This segment has been in service since June 2010.

How far is Keystone XL pipeline?

This portion would transport oil over 435 miles through 36" pipe running from Cushing, Oklahoma to Port Arthur, Texas. The second segment, called the Keystone XL, would run 1,179 miles from Hardisty, Alberta to Steele City, Nebraska.

What is TransCanada pipeline?

TransCanada is a Canadian company that builds and operates energy infrastructure across the North American continent. In 2005, the company announced its intentions to build a pipeline to transport crude oil from the oil sands region of Alberta, Canada to the existing Keystone Pipeline in Steele City, Nebraska.

How many jobs will the pipeline create?

For example, the pipeline will increase the diversity of the U.S. petroleum supply. It will also create up to 43,000 jobs, the majority of which will be permanent.

When did the Senate vote against the Keystone pipeline?

On November 19, 2014, the U.S. Senate voted against the passage of the bill which would allow the Keystone XL Pipeline to proceed. The vote was one shy of passage at 59-41.

Is Keystone pipeline good for the economy?

In summary, Keystone is good for the economy, good for U.S. energy independence, and good for the American consumer.

Can bitumen be blended with hydrocarbons?

Second, the bitumen can be blended with lighter hydrocarbons to create a heavy crude. Both of these forms can be transported by pipeline. Oil sands production is increasing in the U.S. with the majority of it in the form of heavy crude.

Who chaired the Keystone XL hearing?

Legislators react to findings. Rep. Ed Whitfield (R) of Kentucky, who chaired two hearings into the Keystone XL, heard positive testimony about the pipeline – as well as contradicting testimony that it would do little or nothing for energy security while raising Midwest oil prices. He still likes the project, however.

Why do environmentalists oppose the pipeline?

But others, including environmentalists who oppose the pipeline mainly because extracting oil from tar sands releases more greenhouse gases than other methods of harvesting oil, also argue the pipeline will do little or nothing to boost US energy security and will actually lead to higher oil prices in the Midwest.

How long does it take to approve the pipeline?

That bill would strip the president of authority to block the project and give the Federal Energy Regulatory Commission 30 days to approve the pipeline. But most of the heated partisan rhetoric over job creation and gasoline prices glosses over ...

Will the TransCanada pipeline increase the price of oil?

In hearings last May and December, TransCanada officials admitted to US legislators that the pipeline will indeed increase the price paid for Canadian oil in the Midwest – but suggested those higher crude oil prices would not necessarily mean higher gasoline prices in that region.

Does the Keystone pipeline need to be built to bring Canadian oil to the US?

Less obvious, however, is the fact that the Keystone XL pipeline is not actually needed to bring all that new Canadian oil to the US – a flow now projected to rise to 1.7 million barrels per day by 2030, according to the same DOE study.

Is Keystone XL a no brainer?

Even so, supporters in Congress continue to call Keystone XL “a no-brainer" from a US energy-security standpoint, also arguing it would benefit consumers by lowering gas prices, too. Keystone XL's “supplies from reliable sources leads to lower costs, thereby putting downward pressure on prices,” one study on TransCanada's website says.

Will the Whitfield pipeline lower gasoline prices?

In an e-mailed statement, Whitfield's press secretary adds that the pipeline “will help lower the price of gasoline by bringing more oil supply to the market” and says the Department of Energy “specifically states that gasoline prices in all connected markets would go down.”.

Why is the Keystone pipeline bad?

Here are 5 reasons why building the Keystone pipeline is bad for the economy — and workers. 1. Building the Key stone pipeline and opening up the Tar Sands will negatively impact national and local economies: Burning the recoverable tar sands oil will increase the earth’s temperature by a minimum of 2 degree Celsius, ...

Does Keystone XL make the climate worse?

But the Keystone XL pipeline will only make our jobs crisis worse by making our climate crisis worse. Plus, there are lots of pipelines that need fixing. Construction workers can be put to work rebuilding our crumbling natural gas transmission pipeline system — this will create good union jobs and cut carbon emissions.

Is the construction of the Keystone pipeline a controversial issue?

The American labor movement is once again facing a most controversial issue — the construction of the Keystone XL pipeline. While the KXL debate has largely centered around the environmental risks, from labor’s perspective opening up the Canadian Tar Sands is often seen as an economic, not an environmental, issue.

List of The Pros of Pipelines

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List of The Cons of Pipelines

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