Truthseeker420
Gold Member
[/The construction of the Keystone XL pipeline will raise oil prices for Midwestern Americans. In official analysis provided to the Canadian National Energy Board, TransCanada reveals that the Keystone XL pipeline will raise oil prices throughout the Midwest and increase annual revenue to the Canadian tar sands industry in 2013 to the tune of between US $2 – $3.9 billion.1American families should not be forced to pay higher prices at the pump only to the line the pockets of the oil industry.
About Keystone XL:
•The Keystone XL pipeline is a 2,000 mile pipeline that would transport crude oil derived from Canadian tar sands from Alberta to Texas.
•The pipeline will raise gas and diesel prices in the Midwest, where they are already among the highest in the country. It is estimated that the added cost of the pipeline would be roughly equal to 15 cents per gallon, driving up the cost of living for families at a time when Americans can least afford it.
•The total drain on America’s economy and pocket books could total as much as $3.9 billion annually in 2013, according to what TransCanada told Canada’s National Energy Board.
•Any jobs created will be offset by the higher price of gas and the layoffs that result from the higher cost of doing business. Further, they will be temporary and may not go to local residents, or even Americans.
•TransCanada will generate billions of dollars in profits at the expense of American consumers, and that money will go back to Canada, deepening the U.S. deficit.
•The pipeline will facilitate Canadian crude oil exports to China, not the United States. The market for Canadian crude oil in the Gulf is small. Americans wouldn’t benefit from the crude oil piped in through the Keystone XL.
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Mid West Gas Prices - Dirty Oil Sands | A Threat to the New Energy Economy
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