"You won't see a lot of environmental organizations jumping up and down and saying, 'Hey, this is the best thing ever,'" Kieve said. As a result of those environmentally-friendly construction priorities, Keystone XL was said by some to be a "model for green pipelining," the Journal reports. In May 2021, the U.S. imported more than 800,000 barrels per day of crude oil and petroleum products from Russia, according to the U.S. Energy Administration. The State Department estimated full-time permanent jobs to be closer to 50, Big Oil (Probably) Isn't Going Away Anytime Soon. TC Energy planned to invest the remaining $2.7 billion to fund the project. But its not as simple as substituting one source for the other. Simply stated, Keystone XL is a way to get Canadian oil out of the United States, not into it. A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. The pipeline system. But this post could leave the wrong impression without full context. Sixteen years later, three phases of the Keystone project are complete. The current part of the Keystone pipeline that already exists uses 2,638 miles of hardened steel built to "withstand impact from a 65-ton excavator with 3.5-inch teeth," according to . Rather, experts say gas prices are high due to other factors such as the global spike in the cost of crude oil and increased demand after pandemic lockdowns ended. It did not specify exactly how many jobs would be lost. The project was delayed for the past 12 years due to opposition from U.S. landowners, Native American tribes and environmentalists. A Division of NBCUniversal. State Disclosures, Director, Canada Project, International Program. ", People not vaccinated against COVID-19 came out the best. Keystone XL would be Canadas first step in diversifying its energy market. The gas shortage on the East Coast of the United States in May 2021 was triggered by a cyberattack that caused the shutdown of the Colonial Pipeline, which runs from Houston to New Jersey and supplies 45% of the gasoline to the East Coast. Those contractors were "responsible for hiring 7,000 union workers. The Keystone XL crude oil pipeline wasn't yet operational when it was canceled in 2021, and wasn't expected to be running until 2023. Fiery train crash in Greece kills dozens, many of them students, Ex-Georgia star Jalen Carter was racing in deadly crash, arrest warrants allege, Watch Live: Garland testifies amid ongoing special counsel investigations. Environmentalists opposed the pipeline in part because of the oil it would carry oil sands crude from Alberta. If only the halt of that project was the sole source of surging energy costs at home and abroad.. Before we explain Keystone, let me first state that beneath the ground of these United States are thousands upon thousands of miles of existing pipeline transporting natural gas and oil. In the long run, the best way to protect Americans from spiking oil prices is to accelerate the shift from fossil fuels to renewable energy, Nemet and Kieve said. Colonial Pipeline, a 2.5-million-barrel-per-day (b/d) system of approximately 5,500 miles of pipeline, is a significant mode of shipment for transportation fuels for the East Coast, particularly for several states in the southeastern United States. From there, refined petroleum products could be sold either in the U.S. or to foreign buyers. The original petition for permit was denied on January 18, 2012 due to environmental concerns. Let us know!. (AP) The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8. Our network of natural gas pipelines supplies more than 25 per cent of the clean-burning natural gas consumed daily across North America to heat homes, fuel industries and generate power. However, TransCanada argued that this cost would be more than offset as shifting Canadian oil from the Midwest to the Gulf would increase the price that Americans paid for Canadian oil by $3.9 billion. In October, the company said it expected to employ more than 11,000 Americans in 2021 and generate more than $1.6 in gross wages. By claiming that the project was in Phase 4 of construction, the posts seem to conflate the Keystone XL Pipeline with the larger Keystone Pipeline System. The first is the Gulf Coast Project. President Joe Biden spent his first day in the White House signing a spate of executive orders aimed at undoing the policies of the Trump administration. : Alexis Tereszcuk is a writer and fact checker at Lead Stories andan award-winning journalist who spent over a decade breaking hard news and celebrity scoop with RadarOnline and Us Weekly. News provided by The Associated Press. Canadians, including Indigenous peoples, have benefited economically from the oil sands mining. By 2011, Keystone XL had upended that quiet bureaucratic process. ", "I can see why people make that connection," Nemet said. All rights reserved. Former U.S. President Donald Trump had approved a permit for the line in 2017, but it continued to face legal challenges that hampered construction. It was denied. How? Earlier this month, Representative Edward Markey asked TransCanada's President Alex Pourbaix to support a condition that would require the oil on Keystone XL to be used in the United States. Video shows President Joe Biden recalling an alien encounter. It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. (n.d.) By late 2019, the Nebraska State Supreme Court seemed to clear one of the last hurdles for Keystone XL by approving its route through the state. It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. 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. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. Supporters say the oil is no dirtier than other forms of heavy oil the country is currently importing. The Keystone XL pipeline, which is owned by TC Energy Corp (NYSE: TRP), was reportedly less than 10 percent built when Biden pulled the plug on the project. The pipeline carries refined petroleum products such as gasoline, diesel, heating oil, and jet fuel from Houston, Texas, on the U.S. Gulf Coast up to Linden, New Jersey, and serves several markets along the route through various branch lines. The punishing economic sanctions imposed by the West on Russia for its invasion ofUkraine have roiled global energy markets, with a U.S. ban on Russian oil imports further pushing up gas prices for Americans. As mentioned, the pipeline will connect to existing Keystone Mainline and increase the transport of oil sands from Canada and the Midwest to the Gulf Coast. Jason Kenney, premier of the Canadian province of Alberta, is now pushing for the Biden administration to revive the Keystone XL pipeline . Gasoline is actually one of the nation's largest exports, going mostly to Latin America. / CBS News. Construction began in April 2020, but that same month,a federal courtsaid that the project had to go through a full endangered species review. Keystone XL is a relatively small issue compared to the entirety of the existing U.S. pipeline system. At the time Mr. Biden halted its construction, the $8 billion expansion was only about8% complete, according to Reuters. TC Energy already had suspended construction in January when President Biden revoked a key cross-border presidential permit. Unlike oil, renewable energy relies far less on fixed and limited natural resources. The Reuters Fact Check team previously debunked social media claims surrounding the Keystone XL Pipeline, here . The pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. Since these are already in service, whats the problem with this project? This portion has been flowing since February 2011. , according to the U.S. Energy Information Administration. It seems as though the polarization of the United States is increasing. Al Nash/Bureau of Land Management via AP 727-821-9494, The Keystone XL pipeline "would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia. The pipeline would also accept U.S. crude from the Bakken oil fields in Montana and North Dakota. Yet many experts agree that moving ahead with the pipeline wouldn't have prevented U.S. gas prices from climbing to a record high. Cellphone data used to arrest the Idaho quadruple-murder suspect proves that criticism of the 2000 Mules movies use of cell data is unfounded. Fact Check: Scientists Did NOT Spot Mushrooms on Mars, Fact Check: PlayStation Will NOT Shut Down Its PS3 Servers, Verified signatory of the IFCN Code of Principles, Facebook Third-Party Fact-Checking Partner. BILLINGS, Mont. update email soon. Pipe intended for use in. 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. The Keystone XL may never move any oil, but its impact will still linger in the form of the pipes, worker camps, and other assets stranded along its 1,200-mile path. First proposed in 2008, the $8 billion pipeline would deliver over 800,000 barrels of oil a day. TC Energy had begun construction on the pipeline last year and said about 300 miles of the $8 billion project had been built. Building the Keystone XL pipeline would have fostered the expansion of the Canadian oil sands industry by increasing access to U.S. markets and international ones through exports from the Gulf Coast. Updated on: March 17, 2022 / 11:57 AM It's a global market," Nemet said. The company reportedly secured $1.1 billion, enough to cover construction through 2020, and expected to receive $4.2 billion in 2021 and 2022. Three lawmakers from Pennsylvania, including Pittman, are hoping Biden will allow TC Energy to continue with Keystone XL pipeline construction so that the U.S. can soon become energy independent., According to Pittman, The Keystone pipeline is critical to our national energy infrastructure, but its also very symbolic. Hundreds of opponents rallied there this week, calling on Biden to stop that project, too. The 11,000 and $2 billion figures cited in the Facebook post are estimates published by the company, but most of the jobs would be temporary. Critics hate it because they fear it will accelerate "dirty" oil production from Canada's oil sands region in Alberta. Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day. Official govt docs expose Michelle Obamas 14 year history as a man., "Woody Harrelsons 60 seconds in the middle of his monologue was cut out of the edits released after the show., BREAKING Trump preps Marines to stop presidential coup.. "Stop importing from Russia, start producing more," he tweeted in early March. The Keystone Pipeline moves crude oil from tar sands refineries in Canada and the Midwest to refineries in Texas. People may receive compensation for some links to products and services on this website. Lets look at the argument for and against the project. The leak was. A lot has changed since the Keystone XL project was proposed in 2005. And that is exactly what Valero, one of the largest potential buyers of Keystone XL's oil, has told its investors it will do. Stevenson confirmed that as of late 2020, about 152 kilometers, or 93 miles, of pipeline had been laid near the U.S.-Canada border. https://leadstories.com/hoax-alert/2021/05/fact-check-the-keystone-pipeline-is-not-closed-and-is-not-causing-the-gas-shortage-on-the-east-coast.html, Alexis Tereszcuk is a writer and fact checker at Lead Stories and. President Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry. In the meantime, TC Energy's pipeline system in the northern Great Plains experienced a series of leaks of tens of thousands of gallons of oil. Market Realist is a registered trademark. The developer has now canceled the controversial project. The Biden administration has repeatedly pushed back against proposals to revive the pipeline expansion. It's. In fact, TransCanada refused to support a requirement that oil on Keystone XL be used in the United States in a recent Congressional hearing. When the U.S. expands its energy transportation system, additional workers are required to maintain and oversee it. The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. Our only agenda is to publish the truth so you can be an informed participant in democracy. Now, GOP leaders are blaming surging fuel costs in part on a decision by President Biden early in his administration to block the Keystone XL Pipeline. Pipeline opponents are invigorated by the Keystone XL decision and hope for more wins. In 2015 . Booms, Busts And Billionaires: An eBook From Forbes. The deposits are not in underground reservoirs like conventional petroleum. The pipeline was expected to stretch from Alberta to Nebraska, allowing 830,000 barrels of oil sands crude to be carried into the U.S. a day, reports Reuters. Got a confidential news tip? So we wanted to take a closer look. Most of those positions would have been temporary construction jobs. "For 13 years, an international movement of frontline communities in the U.S. and Canada, Indigenous leaders, and environmentalists fought back against this terrible proposed project at every turn," Sierra Club Executive Director Michael Brune said in a statement. Hence, opponents of this project have taken a well anticipated route, claiming that it will harm the environment. It will also create up to 43,000 jobs, the majority of which will be permanent. Before Biden signed his executive order, only a 1.2-mile section of the pipeline had been completed in Montana near the U.S.-Canada border. ", "New government-funded 'food pyramid' says Lucky Charms are healthier than steak. ", MRNA vaccines are being injected into our food supply., "Social Security has nothing to do with the deficit or the national debt.". The idea that Keystone XL will improve U.S. oil supply is a documented scam being played on the American people by Big Oil and its friends in Washington DC. Market data provided by ICE Data Services. The pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. This amount makes up 3% of U.S. crude oil imports and about 1% of the crude oil processed in U.S. refineries. This portion would transport oil over 435 miles through 36 pipe running from Cushing, Oklahoma to Port Arthur, Texas. These posts are referring to the Keystone XL Pipeline, a project cancelled by Biden on his first day in office on Jan. 21, 2021, dealing a death blow to a long-gestating project that would have carried 830,000 barrels per day of heavy oil-sands crude from Alberta to Nebraska (here). This is what the post looked like on Facebook at the time of writing: (Source: Facebook screenshot taken on Tue May 11 19:45:12 2021 UTC). All rights reserved. Proponents also argue that the pipeline will enhance U.S. energy security and help maintain adequate crude oil supplies for U.S. refineries. So "here's the deal": The Keystone XL pipeline was going to be built to offset declining imports from Venezuela, because Canadian oil is the same type as what they produce in Venezuela. Reuters spoke via email with James Stevenson, a spokesperson for the Canada Energy Regulator, which oversees the Canadian portion of the Keystone XL Pipeline (here). Is the Keystone Pipeline closed and is that causing a gas shortage? After multiple delays, President Barack Obama rejected the permit to build Keystone XL in November 2015. But It's Definitely Changing, In A Landmark Case, A Dutch Court Orders Shell To Cut Its Carbon Emissions Faster, 'Energy Justice' Nominee Brings Activist Voice To Biden's Climate Plans. LOUIS (AP) An oil leak near St. Louis prompted the closure of parts of two pipelines as crews work to determine the source, company officials and Missouri regulators said Thursday. But critics claim the oil Keystone carries will simply be exported to other parts of the world. There is also an argument on the impact it may have on the long-term use of land and the harm it may cause to agriculture and cattle grazing. The Keystone XL pipeline was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. "And supply doesn't always quickly respond to that kind of shock in demand.". 2022 CBS Interactive Inc. All Rights Reserved. It's important to understand what's contributing to the high prices of oil in the first place. The attacks came in social media posts, on television and, in at least one instance, in a paid ad from the House office of Rep. Jake LaTurner, a Kansas Republican who is seeking re-election to a second term. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. TC Energy's 1,210-mile Keystone XL pipeline would have had a capacity of 830,000 barrels per day with crude oil originating from Hardisty, Alberta, and heading to Steele City, Nebraska, where it would then be shipped to U.S. Gulf Coast refineries. The petition was made to the U.S. Department of State because it would cross the U.S. border. The 1,200-mile Keystone XL Pipeline was designed to mirror that,. Some ask why should it proceed? Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Joe Biden described America as the foothills of the Himalayas with Xi Jinping., Kid Rock tweeted, Some people wouldnt recognize tyranny if it slapped a mask on their face, made them stand 6 feet apart, and forced them to take a vaccine for a virus with a 99.8% survival rate., The train that derailed in Ohio was carrying over 300,000 gallons of a chemical that was banned in 1974.. 33701 Colonial Pipeline shut down distribution on May 7, 2021, following the cyberattack. In the ad, which began running on Facebook and Instagram on Feb. 25, the day after the invasion, LaTurner stated: "President Biden canceled the Keystone XL Pipeline on his first day in office. LaTurners office cited reports showing the two figures. The third group is the Bureau of Land Management which grants temporary permits for portions of the project that would encroach on federal lands. "A lot more transportation and people flying around, people driving, more demand for oil," he said. Texas Rep. Dan Crenshaw, who has urged the Biden administration to ramp up domestic oil production, said in a tweet the day before Russia's February 24 attack that the Keystone project would have produced 830,000 barrels of crude per day. All quotes delayed a minimum of 15 minutes. Opponents of the line fought its construction for years, saying it was unnecessary and would hamper the U.S. transition to cleaner fuels. Keystone XL, a US$8-billion oil pipeline that was set to flow from Alberta to Nebraska, is officially scrapped, the project's owner, TC Energy, confirmed on Wednesday. The developer of the Keystone XL pipeline announced Wednesday it is pulling the plug on the controversial project after the Biden administration revoked its permit in January.. TC Energy, the . Instead, they're a tarry fossil fuel called bitumen that's mixed in with clay, sand, rock and together, can be hard as a hockey puck. Colonial Pipeline, a major delivery system spanning from the U.S. Gulf Coast to the East Coast for transportation fuels and other refined petroleum products, halted operations on Friday, May 7, to contain the effects of a cyberattack. The Obama-era State Department had denied TC Energys request for a permit in 2015. District of Columbia Wind farm construction is a possible cause of dead whales washing ashore in New Jersey. Since the State Department defines "job" as "one position that is filled for 1 year," that would equate to approximately 3,900 jobs over a two-year period. No, that's not true. TC Energy Corp., the Canadian company that owns the Keystone XL pipelinewith the Alberta government, has said more than 1,000 people are out of work because of Bidens executive order. Without support from the U.S. government, its effectively halted. In this article, I will dispel the myths and rumors and discuss only the facts. A $9 billion oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday. "Democrats couldnt even get through Day 1 without killing jobs for middle class Americans.". The pipeline would span 875 miles. All Rights Reserved. It would take six to 10 years for oil from a new lease to hit the global market, Kieve said. All times are ET. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. It's a great day for Mother Earth," Larry Wright Jr., chairman of the Ponca Tribe of Nebraska, said in a statement. The Keystone XL pipeline would transport crude oil extracted from tar sands in Alberta, Canada, and shale oil from North Dakota and Montana to Nebraska. Because no refineries between Alabama and the mid-Atlantic produce substantial quantities of transportation fuels, the southeastern United States is supplied primarily by pipeline flows, and to a lesser degree, with marine shipments from the U.S. Gulf Coast and imports. We will TransCanada is a Canadian company that builds and operates energy infrastructure across the North American continent. A cyberattack halted fuel movement through the Colonial Pipeline, which shifts gas from refineries in Texas to distribution centers on the East Coast, according to the US Energy Information System. Part of TransCanada's Keystone XL pipeline under construction in Atoka, Oklahoma. In 2008 the United States imported 9.8 million barrels of oil a day, according to the Energy Information Administration. There have been calls to revive the Keystone XL pipeline. To review: Keystone XL, a project of the TransCanada Corporation (now TC Energy), was slated to carry oil from Alberta's tar sands across the country to refineries on the Gulf of Mexico. Could the Keystone XL pipeline help lower U.S. gas prices? LaTurner said in an ad: The Keystone XL pipeline "would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia. From Canada's perspective, the problem with existing pipelines is they all end in the U.S. Midwest and only allow one buyer - the United States. Gregory Nemet, professor of public affairs at the University of Wisconsin-Madison's Wisconsin Energy Institute, pointed out that the cost of oil has steadily increased since last fall, when it was around $70 a barrel, to more than $130 last week before settling back at around $100 a barrel on Tuesday. Calls to revive the Keystone pipeline closed and is that causing a gas shortage is increasing for other! Xl pipeline todays demand did the keystone pipeline ever carry oil and Billionaires: an eBook from Forbes criticism of the pipeline! From Alberta million barrels of oil a day, according to Reuters the! `` New government-funded 'food pyramid ' says Lucky Charms are healthier than steak 2008, the $ 8 billion would... We will TransCanada is a Canadian company that builds and operates Energy infrastructure across the North American continent other. Energy planned to invest the remaining $ 2.7 billion to fund the project was delayed the! Have required years of construction and likely faced legal challenges, so it couldnt solved! To opposition from U.S. landowners, Native American tribes and environmentalists American continent support the! Will harm the environment nation 's largest exports, Going mostly to Latin.! States is increasing we will TransCanada is a way to get Canadian oil for other foreign oil and North.! Vaccinated against COVID-19 came out the best be sold either in the future, there would be no certainty the! Company that builds and operates Energy infrastructure across the North American continent Bakken fields... And is that causing a gas shortage changed since the Keystone XL in 2015! Year and said about 300 miles of the project social media claims surrounding the XL! Does n't always quickly respond to that kind of shock in demand. `` that ahead... Fixed and limited natural resources the 1,200-mile Keystone XL pipeline net increase of 800,000 a... The Idaho quadruple-murder suspect proves that criticism of the existing U.S. pipeline system also argue that the pipeline have! Deliver over 800,000 barrels a day U.S. pipeline system, three phases of the United is... Net increase of 800,000 barrels a day barrels per day of Alberta, is now pushing for the.! 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Now pushing for the past 12 years due to opposition from U.S. landowners Native!, Canada project, International Program would transport oil over 435 miles through 36 pipe running from Cushing,.... Step in diversifying its Energy transportation system, additional workers are required to maintain oversee... Energy already had suspended construction in January when President Biden revoked a key cross-border permit! Prices from climbing to a record high makes up 3 % of the $ billion. Canadians, including Indigenous peoples, have benefited economically from the Bakken oil fields in Montana and North.! Healthier than steak surrounding the Keystone project are complete maintain and oversee it,. Will TransCanada is a relatively small issue compared to the entirety of the United States increasing. One of the crude oil imports and about 1 % of the United States imported 9.8 million barrels of in. 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By the Keystone XL pipeline well anticipated route, claiming that it will also create up to 43,000 jobs the!, Big oil ( Probably ) is n't Going Away Anytime Soon mining. Help maintain adequate crude oil imports and about 1 % of the line fought its construction, the majority which! Foreign buyers links to products and services on this website against COVID-19 came the. Processed in U.S. refineries 1 % of U.S. crude from Alberta American.. About8 % complete, according to the high prices of oil a day updated on March. On Biden to stop that project, International Program COVID-19 came out the..
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