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who would the keystone pipeline benefit

by Raphaelle Hayes Published 2 years ago Updated 2 years ago
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The Keystone XL Pipeline will contribute to energy security, create tens of thousands of high-quality employment and local contracting opportunities as well as provide a substantial economic benefit to local communities across Canada and the United States. It will stretch all the way from Hardisty, Alberta

Alberta

Alberta is a province of Canada. With an estimated population of 4,067,175 as of 2016 census, it is Canada's fourth most populous province and the most populous of Canada's three prairie provinces. Its area is about 660,000 square kilometres. Alberta and its neighbour Saskatchewan were di…

, to Steele City, Nebraska.

Full Answer

What are the benefits of Keystone XL pipeline?

On his first day in office, he canceled the Keystone XL pipeline, which would have supported thousands ... change as a rationale for canceling domestic energy initiatives that benefit average Americans. But his arguments don’t hold up under scrutiny.

Does the Keystone Pipeline affect gas prices?

There is already a Keystone pipeline that is shipping tar sands crude to Texas for refining; the XL is a shortcut and capacity increase. But with global demand low for oil products, having another pipeline on or off the permit table doesn’t change the price of anything.

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

Why to stop the Keystone Pipeline?

The Canadian company behind Keystone XL, TC Energy, operates a pipeline which spilled thousands of gallons of oil in South Dakota in 2017 and North Dakota in 2019. Activists and tribal members say the pipeline endangers water quality, breaks tribal land treaties and pipeline construction brings the threat of human trafficking.

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What states benefit from Keystone pipeline?

Communities throughout Canada and the U.S., including Alberta, Saskatchewan, Montana, South Dakota and Nebraska, have shown their support for Keystone XL Pipeline. These communities and businesses along the pipeline route are poised to benefit from construction and long-term operation of the pipeline.

Who does the Keystone Pipeline serve?

The Keystone Pipeline System plays a key role in delivering Canadian and US crude oil supplies to markets around North America. It stretches 4,324 km (2,687 miles) from Alberta to refineries in Illinois, Oklahoma and the US Gulf Coast.

What were the benefits of the Keystone pipeline?

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.

What is bad about Keystone pipeline?

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 Keystone pipeline?

TC EnergyOwned 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 ...

Why the Keystone XL pipeline should be built?

Why do we need Keystone XL? The U.S. continues to import about 9.1 million barrels of oil a day from 90 countries across the globe. When completed, Keystone XL will play a critical role in connecting the world's third largest oil reserve with the world's largest refining market at the U.S. Gulf Coast.

Does the Keystone Pipeline benefit the United States?

The Keystone XL pipeline, a privately funded project, would double the current capacity of oil transported in the U.S. per day, provide the U.S. with a more stable source of crude oil, and significantly increase employment and capital within America.

Does the US need the Keystone pipeline?

Ramped up domestic oil production and alternative supply routes have lessened the U.S.'s need for the hundreds of thousands of barrels of oil that would have been pumped daily through the now-cancelled Keystone XL pipeline, some industry experts say.

Why did we shut down Keystone pipeline?

Keystone XL, which was proposed in 2008 to bring oil from Canada's Western tar sands to U.S. refiners, 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.

What is the issue with the pipeline?

Controversial Keystone XL Pipeline Is Halted : NPR. Controversial Keystone XL Pipeline Is Halted TC Energy suspended construction in January when President Biden revoked a key permit. The controversial project was a major flashpoint in the debate over fossil fuels' role in climate change.

Why is the pipeline important?

Pipelines supply the necessary fuel for these daily activities to function and keep our country moving, both physically and economically. Pipelines and the products they carry help provide economic growth for communities across the country.

How much of Keystone XL pipeline is already built?

eight percentHow Much of the Keystone Pipeline Is Completed? It's estimated that just eight percent of the Keystone XL pipeline has been built so far, although President Joe Biden canceled the project in January 2021.

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 ...

What is Keystone XL pipeline?

Keystone XL is an expansion of an existing pipeline, called Keystone, that carries Canadian crude into the U.S. It was first proposed in July 2008 by TC Energy Corp. , then known as TransCanada Corp., a pipeline company based in Calgary, Alberta, and ConocoPhillips , which was a joint owner until 2009.

How many barrels of gas would be added to the Keystone pipeline?

The Keystone XL Pipeline is an addition to the Keystone Pipeline, which would require another two years or so to complete. It would add about 830,000 barrels per day to the Keystone system.

What would happen if the German pipeline broke?

If the German pipeline breaks and leaks oil all over Russia, it won’t contaminate the American water supply. Biden is President of the United States. It’s his job to protect the United States from threats. And the XL pipeline posed a foreseeable threat.

How did the pumping industry help the US?

There was a large manufacturing base, as well as construction workers, many union positions that were involved in the construction. The increase in oil to the refinerys aided the US to be energy independent.

What does it mean if the state department had more leverage in dealing with oil producing countries?

This means the state department had more leverage in dealing with oil producing countries many run by dictators or undemocratic, in coming to agreements. This permotes peace. Without the pipeline much of that oil now has to be transported by rail, not a safe or efficient method.

When a power plant comes on line, is it the least efficient?

The same applies to a power plant when it goes from idle to powering-up. This is when the available wind stops or slows considerably based on relative production of power and amount of wind. When power plant comes on-line it is the least efficient. It is also when it is most critical to have available.

Will the US government benefit from the pipeline?

The US government won't directly benefit from the Pipeline at all, there are only indirect benefits. Personally, I would rather invest in renewable energy infrastructure like solar panels which would create more jobs and is better for the environment.

How much money will the Keystone pipeline contribute to the US economy?

It is believed that the Keystone XL pipeline has the potential to contribute more than $3 billion annually to the US economy once it become operational. It would also create an estimated $2.4 billion (in US dollars) for Canada, which would be split between the government, shareholders, and company reinvestments.

How many jobs will the Keystone pipeline create?

The US State Department has estimated that the construction of the pipeline project could create up to 42,000 jobs over a two-year construction period.

How to remove bitumen from the ground?

According to the New York Times, one method includes using water and natural gas to pump steam into the tar sands , which creates the potential for a toxic runoff. Strip mining is the other option. 2.

How many barrels of oil are in the Keystone pipeline?

The Keystone XL pipeline is a delivery system that is designed to carry over 800,000 barrels of oil sands petroleum per day from Western Canada to oil refineries along the Gulf Coast of the United States. Around half of the pipeline has already been completed, but its construction has always been opposed by various environmentalist groups.

What would happen if Keystone XL went active?

In practical terms: if Keystone XL goes active, it would be the equivalent of adding 5.6 million cars to US roadways every day. 6. Tar sands oil has the potential to be highly corrosive. The oil that will be piped through the Keystone XL extension is some of the most corrosive petroleum that is used today.

Why can Canadian producers raise prices with Keystone?

With Keystone, Canadian producers can raise prices because the quality of the petroleum will be better while they are able to cut into their overhead costs at the same time. 6. The amount of emissions added to the atmosphere from Keystone XL are negligible.

Is Keystone pipeline a full pipeline?

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. The goal is to extend the pipeline down to the Gulf Coast to increase potential processing capacities with an asset that already exists.

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.”.

Where is the Keystone pipeline located?

It runs from the Western Canadian Sedimentary Basin in Alberta, Canada, to refineries in the United States in Steel e City, Nebraska, Wood River and Patoka, Illinois, and in the Gulf Coast of Texas.

How much does Keystone XL contribute to the economy?

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 Keystone XL?

Energy Security and Independence. Keystone XL connects the third largest oil reserves on the planet and the second largest oil-producing region in the United States with the largest most sophisticated refining hub in the Gulf Coast.

Where would the Canadian pipeline go?

The Canadian section would consist of 327 miles (526 km) of new pipeline. It would enter the U.S. at in Montana, and travel through the city of Baker, Montana, where American-produced oil would be added to the pipeline, then it would travel through South Dakota and Nebraska, where it would join the existing Keystone pipelines at Steele City, ...

Is pipeline transportation safe?

Finally, it has been well-established that pipelines are, by far, the safest mode of transportation for oil and gas. Besides pipeline workers are less likely to be injured on the job and pipelines have fewer incidents per mile than trains and trucks.

Does Keystone XL have an impact on the environment?

Despite the green polemic, the State Department’s Final Supplemental Environmental Impact Statement, and several prior environmental impact statements altogether pointed toward the same conclusion: Keystone XL would have minimal influence on the ecosystem and environment around the pipeline.

Is Keystone XL still being approved?

Here are 5 arguments showing why, despite more than 5 years of debating and controversy and the project still not being approved, Keystone XL remains in the best interest of the U.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.

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Root of The Problem

More Production, But Higher Costs For Americans

  • Even if the pipeline was already built, it wouldn't help with the price at the pump, Nemet added, noting that the U.S. has already doubled its oil production over the last 15 years. "And yet, we still have $100 per barrel oil." With inflation soaring, gas prices have been increasing for months — hitting an average of $4.33 a gallonon March 11, acco...
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Less Oil, Clean Energy Fans Say

  • By contrast, Mr. Biden's decision with the International Energy Agency to release 30 million barrels of oilfrom the nation's Strategic Petroleum Reserve puts downward pressure on gas prices in the short-term, Kieve said. The agency will release a total of 60 million barrels of crude to help ease some of the supply disruptions caused by the war Ukraine. "You won't see a lot of environmenta…
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