Temporary jobs are still jobs. We reached out to the White House for a comment, but we havent heard back. The fact that Canada has excess pipeline capacity is well known. In a world of wild talk and fake news, help us stand up for the facts. ", U.S. Rep. Ilhan Omar is "facing 40 years in prison and deportation after seven new crimes uncovered. 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. The oil and gas industry accounts for about 5% of Canada's economy, and nearly all of the industry's exports go to the United States. 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. update email soon. How? The ad draws a misleading relationship between Russian imports and the Keystone pipeline project. Booms, Busts And Billionaires: An eBook From Forbes. Some ask why should it proceed? Given that the U.S. is siding with Ukraine, this could put a damper on the countrys ability to continue its dealings with Russia. And, in any event, producers would be under no obligation to sell that oil to the U.S. Biden on Jan. 20, 2021, his first day in office, used the power of the executive branch to cancel the Keystone, which would have transported crude oil from the Canadian province of Alberta to Steele City, Neb., where it would connect with another leg stretching to Gulf Coast refineries. Find out whats happened to the oil industryand where its headed next. Keystone XL pipeline protest in April 2014 in Washington D.C./Credit: Susan Melkisethian. Keystone XL, an expansion of an existing North American pipeline, would have carried 830,000 barrels of crude oil from Alberta, Canada, to Nebraska dailyat its peak. On his first day as the 46th President of the United States, Joe Biden signed an executive order revoking permission for the construction of the Keystone XL oil pipeline, an $8 billion, a 1,200-mile-long project that was supposed to carry up to 830,000 barrels of oil per day. The pipeline system. "It wouldn't be online and wouldn't be pumping oil until the year 2023. The Keystone XL Pipeline consists of two parts. Ive also heard opponents say that the project will not create very many high-quality or long-lasting jobs. First, it can be upgraded into syncrude which is a light crude. , according to the U.S. Energy Information Administration. As the war between Ukraine and Russia continues to unfold, lawmakers in various states think Biden must take action now so that the U.S. doesn't rely on foreign oil. (Terray Sylvester/Reuters) . This amount makes up 3% of U.S. crude oil imports and about 1% of the crude oil processed in U.S. refineries. Our Standards: The Thomson Reuters Trust Principles. Now for the issue that has polarized America. The Keystone Pipeline: A Never-ending Saga. The pipeline's opponents in Nebraska feared that any leak from Keystone XL would damage the critical aquifer, and they welcomed the end of the project. This group will consider the impact to endangered species in accordance with the Endangered Species Act. The company reportedly secured $1.1 billion, enough to cover construction through 2020, and expected to receive $4.2 billion in 2021 and 2022. Producers would not have been obligated to sell that entire amount to the U.S. As Russia pressed its invasion of Ukraine, President Joe Biden faced accusations at home that he had made the United States more dependent on Russian oil. While many were under the impression that the Keystone XL pipeline was nearly built and ready to operate, it would have served as the fourth phase of the entire Keystone Pipeline System. The question is, If the thousands of miles of existing pipeline has been in use and the environment seems to be unaffected, why should Keystone XL suddenly be the project that ruins the planet? It is not shut down. Supporters say the oil is no dirtier than other forms of heavy oil the country is currently importing. CALGARY/NEW YORK (Reuters) - The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years through other . inaccurate stories, videos or images going viral on the internet. Even if the Biden administration were to immediately offer new oil leases to drillers, it wouldn't help with the costs Americans are bearing today. Since it first went into operation in 2010, TC Energy's original Keystone Pipeline System has leaked more than a dozen times; one incident in North Dakota sent a 60-foot, 21,000-gallon geyser. 20006, Florida Let us know!. The pipeline, which had severe environmental and human rights implications, has been on a long road towards failure. ", Psaki added the Department of Energy predicts that in 2023 the U.S. will "produce more oil than ever before.". I ask, why not? The first is the Gulf Coast Project. This project would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia.". BILLINGS, Mont. Although the new Congress will likely pass a bill to allow the pipeline to proceed, I expect the President will veto it. A 2014 report found that the company would need only 50 employees to maintain the Keystone XL pipeline once its finished, 35 of them permanent. TC Energy already had suspended construction in January when President Biden revoked a key cross-border presidential permit. The company announced that it hopes to restore service by the end of the week. "Stop importing from Russia, start producing more," he tweeted in early March. National Association of Manufacturers CEO on Biden's canceling of the Keystone XL pipeline. Most of those positions would have been temporary construction jobs. 2022 CBS Interactive Inc. All Rights Reserved. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. It seems as though the polarization of the United States is increasing. The operator, Canada-based TC Energy, said the pipeline that runs from Canada to Oklahoma lost about . A storage yard in Montana contains pipe that was to be used in the construction of the Keystone XL oil pipeline. Its symbolic of whether or not were willing to embrace the natural resources that we have in our country. Russia is the world's second-largest exporter of crude oil, according to the U.S. Energy Information Administration. ICE Limitations. That initial jump in the cost of crude was driven by the ongoing economic recovery, which boosted demand by consumers and businesses that had been dampened by the COVID-19 pandemic. But both TC Energy and the State Department have said the majority of those jobs would be temporary. Partly false. The petition was made to the U.S. Department of State because it would cross the U.S. border. Construction began in April 2020, but that same month,a federal courtsaid that the project had to go through a full endangered species review. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Seeking comment on whether additional funds had been invested between Jan. 1, 2021 and Jan. 20, 2021 Reuters reached out to TC Energy but did not receive a response in time for this articles publication. First published on March 15, 2022 / 3:12 PM. Critics hate it because they fear it will accelerate "dirty" oil production from Canada's oil sands region in Alberta. 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. TC Energy had begun construction on the pipeline last year and said about 300 miles of the $8 billion project had been built. "A lot more transportation and people flying around, people driving, more demand for oil," he said. "By revoking the Keystone pipeline permit, Biden is destroying 11,000 jobs and roughly $2 billion in wages," the post says. 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. Alexis crime reporting earned her spots as a contributor on the Nancy Grace show, CNN, Fox News and Entertainment Tonight, among others. 4 Min Read. A revised permit was resubmitted in May 2012 which contained an alternate route. The Keystone XL pipeline's developer has halted all construction on the project months after its permit was revoked by the Biden administration. "The key lesson there is the U.S. is not the whole story here. That number is an estimate, and the claim lacks context about the longevity of Keystone jobs. Why the pipeline? Heres point number one: The Keystone XL Pipeline is nothing new. For information about our privacy practices, please visit our website. The fourth phase, dubbed "XL" for . In short, the U.S. needs to approve this pipeline to accommodate the increase in production. The Keystone pipeline does not carry gasoline. The. The Drought In The Western U.S. Is Getting Bad. An estimate from the Canadian Energy Research Institute in 2011 estimated that new oil sands development in Canada would create about 444,000 new U.S. jobs and generate about $521 billion in U.S. government revenue over the next two decades. First proposed in 2008, the $8 billion pipeline would deliver over 800,000 barrels of oil a day. State Disclosures, Director, Canada Project, International Program. Factset: FactSet Research Systems Inc.2019. Cellphone data used to arrest the Idaho quadruple-murder suspect proves that criticism of the 2000 Mules movies use of cell data is unfounded. 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. TransCanada is a Canadian company that builds and operates energy infrastructure across the North American continent. The Keystone XL was designed to carry more than 830,000 barrels a day of crude oil, virtually all of it coming 1,210 miles from the tar sands to Steele City, Neb. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. But the U.S. imported an average of 209,000 barrels of crude oil per day from Russia in 2021, according to theAmerican Fuel and Petrochemical Manufacturers, as well as 500,000 barrels per day of other petroleum products. This portion has been flowing since February 2011. On his first day in office, President Joe Biden signed an executive order revoking the permit for the Keystone XL pipeline, halting its construction in the U.S. TC Energy estimated in October that the pipeline would employ 11,000 Americans in 2021, generating more than $1.6 billion in wages. The Keystone pipeline, which President Joe Biden canceled, would have transported more oil per day than the U.S. imports from Russia, but it would not have been a simple offset. The first is the U.S. Army Corp of Engineers. A Warner Bros. Video shows President Joe Biden recalling an alien encounter. Supporters of Keystone say the project will benefit Americans because it will reduce the country's reliance on foreign oil. However, the Canadian government has put the brakes on the two pipeline proposals to export tar sands through its provinces due to the need to take more time to listen to its own public's concerns about water and safety. 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. 2023 CNBC LLC. 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. / CBS News. Copyright 2023 Politifact. Copyright 2023 CBS Interactive Inc. All rights reserved. Thanks largely to better fuel economy and higher prices, the long-term demand for gasoline in the United States is either flat or declining. We want to hear from you. was to carry about 830,000 barrels a day of . The State Department is one of 15 departments under the executive branch of the federal government. When Canadian regulators at the National Energy Board (NEB) considered the Keystone XL proposal in 2008, they asked TransCanada to justify another pipeline when there was already so much spare capacity. 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. 33701 2022 Cable News Network. Lets look at the argument for and against the project. As the Entertainment Editor, she investigated Hollywood stories and conducted interviews with A-list celebrities and reality stars. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. With inflation soaring, gas prices have been increasing for months hitting an average of$4.33 a gallon on March 11, according to AAA. Note: if reading this fact check makes you want to contact us to complain about bias, please check out our Red feed first. 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. TransCanada conceded that Keystone XL would take oil from existing pipelines, increasing shipping costs. The pipeline had been projected to carry oil nearly 1,200 miles (1,900km). stated on February 26, 2023 an Instagram post: stated on February 8, 2023 a Facebook post: stated on February 7, 2023 a post on Facebook: stated on February 6, 2023 an Instagram post: stated on January 25, 2023 an Instagram post: stated on February 4, 2023 a Facebook post: stated on January 27, 2023 a Facebook post: stated on January 23, 2023 an Instagram post: stated on January 15, 2023 an Instagram post: stated on January 12, 2023 a Facebook post: stated on January 5, 2023 a Facebook post: stated on January 3, 2023 a video shared on Instagram: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: stated on February 15, 2023 in a Facebook post: stated on February 26, 2023 in a video on Facebook: stated on February 25, 2023 in an Instagram post: stated on February 18, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization, Russian President Vladimir Putin intercepts adrenochrome shipment headed to United States., "U.S. is importing large amount of Russian oil, but Facebook post misstates Keystone XL role,", "Fact Check: U.S. Imports About 10% Of Its Oil From Russia, But Did NOT Stop Domestic Oil Production,", "Gas Price Spike: How High Will Costs Soar After Invasion of Ukraine? People may receive compensation for some links to products and services on this website. Although I do have an opinion on the matter, which I will share later, facts are facts which cannot be changed. The Keystone Pipeline is a series of metal pipes that run from Alberta Canada to Patoka, Illinois and Port Arthur, Texas. 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. 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. 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. As Canada's Natural Resources Minister Joe Oliver recently said, "we export 97 percent of our energy to the U.S. and we would like to diversify that." Most objections center on the extraction of the oil, but some suggest the project will only make the U.S. more dependent on fossil fuels. A Facebook post says that Bidens executive order revoking the Keystone XL pipeline "is destroying 11,000 jobs.". Dec. 11, 2022, 8:21 PM PST. The entire system without the XL extension stretches about 2,687 miles in total length. But the pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. The 1,200-mile Keystone XL Pipeline was designed to mirror that,. Last year, Canada was the largest exporter of crude oil and petroleum products to the U.S., outstripping oil-producing nations in the Persian Gulf, according to the U.S. Energy Information Administration. Keystone pipeline shut after oil release into Kansas creek On Wednesday evening oil started spilling into a creek near the pipeline in Washington County, Kan., about 240 kilometres. Disclaimer. Get this delivered to your inbox, and more info about our products and services. Some also carry diluted bitumen, the heavy crude from the tar sands that has a much higher. This segment has been in service since June 2010. When Biden became President of the United States, he scrapped the project and essentially put it to bed. Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day. The 1,200-mile Keystone XL pipeline, proposed by the Canadian energy conglomerate TC Energy, would carry up to 35 million gallons of tar sands crude oil from Alberta through Montana, South Dakota . This type of project has been completed numerous times before. inaccurate stories, videos or images going viral on the internet. When the U.S. expands its energy transportation system, additional workers are required to maintain and oversee it. Bidens order revokes the permit that was grantedMarch 29, 2019, by then-President Donald Trump on the grounds that it is harmful to the environment. But the Trump administration revived the pipeline in early 2017. It opened: There would have been no certainty that the pipeline could have produced a net increase of 800,000 barrels a day, rather than just transporting oil from Canada that is currently being transported some other way. Not only did the revocation of the Keystone XL pipeline project permit reportedly hurt the Canadian and Alberta economies, but it cut thousands of jobs for Canadians and Americans. The purpose of the pipeline was to transport oil from Canada that is currently being transported some other way. For example, the pipeline will increase the diversity of the U.S. petroleum supply. Keystone XL would be Canadas first step in diversifying its energy market. On day one, President Biden canceled the Keystone XL Pipeline. ", "New government-funded 'food pyramid' says Lucky Charms are healthier than steak. Thanks for signing up. Keystone XL will provide the U.S. with direct pipeline access to the secure and growing Canadian crude output and decrease our dependence on foreign oil from Mexico and Venezuela (the two largest oil exporters into the Gulf Coast). With Americans facing the worst inflation in 40 years, would expanding Keystone offer much relief at the pump? In summary, Keystone is good for the economy, good for U.S. energy independence, and good for the American consumer. Oil sands, also called tar sands, are a mixture of clay, sand, water, and heavy black viscous oil known as bitumen. Examples of posts making this claim can be found here , here and here . 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. The GAO study showed that the U.S. stretches of TC Energy's 2,700-mile Keystone pipeline had a failure rate in line with the national average during its first six years of service, with most of . The total capacity of both is expected to be about 1.3 million bpd. According to a March 2020 TC Energy press release, the estimated cost of the project was to be $8 billion (here). "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. The State Department forecasted that no more than 50 jobs, some of which could be located in Canada, would be required to maintain the pipeline. keep you informed with the latest alerts and progress reports. The Keystone XL pipeline would have been able to carry up to 830,000 barrels of oil every day, the figure used in LaTurners ad. Get browser notifications for breaking news, live events, and exclusive reporting. To secure our energy independence for not only economic interests, but national security interests., Latest Energy & Utilities News and Updates. Senator Joe Pittman said the U.S. imports around 800,000 barrels of oil per day from Russia, reports CBS Pittsburgh News. 1800 I Street NW See here for a complete list of exchanges and delays. President Joe Biden in January 2021 revoked the permit for an add-on to the Keystone system, but the rest of the system is still running. The Keystone XL Pipeline consists of two parts. A damaged section of the Keystone Pipeline was reopened Thursday after weeks of repairs and clean up following a leak of 600,000 gallons of crude oil into a Kansas creek, officials said. I cover the intersection of economics, politics and personal finance. 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. The 875-mile pipeline would carry a heavy crude oil mixture from Western Canada to Steele City, Neb., where it would connect with another leg stretching to Gulf Coast refineries. The original petition for permit was denied on January 18, 2012 due to environmental concerns. The Keystone XL pipeline was designed to carry tar sands oil from Alberta, Canada, to Nebraska, where it would have connected to the Keystone Pipeline System. We will The Reuters Fact Check team previously debunked social media claims surrounding the Keystone XL Pipeline, here . "You won't see a lot of environmental organizations jumping up and down and saying, 'Hey, this is the best thing ever,'" Kieve said. 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. It would have carried oil from landlocked Alberta to the U.S. Gulf Coast. The current cost of oil takes partly into account the. Stevenson confirmed that as of late 2020, about 152 kilometers, or 93 miles, of pipeline had been laid near the U.S.-Canada border. Sign up for free newsletters and get more CNBC delivered to your inbox. Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day, rather than just transporting oil from Canada that is currently being transported some other way. The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf Coast, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma. Is the Keystone Pipeline closed and is that causing a gas shortage? "We're hopeful that the Biden administration will continue to shift this country in the right direction by opposing fossil fuel projects.". But its not as simple as substituting one source for the other. The pipeline would divert large volumes of Canadian oil from the Midwest to the Gulf Coast, where it would be available for the first time to buyers on the world market. Trump revived hopes for the project once he took office, ultimately approving it with an executive order. The Keystone Pipeline from Canada to the U.S. is not closed. 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. Learn more about Mailchimp's privacy practices here. 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. As the Entertainment Editor, she investigated Hollywood stories and conducted interviews with A-list celebrities and reality stars. To access the bitumen, Alberta's boreal forests are cut away in enormous strip mines. (n.d.) "Whenever there is political instability in places that produce a lot of oil, markets react," Nemet said. All Rights Reserved. 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. President Joe Biden signed an executive order on January 20, 2021, revoking the permit for the Keystone XL, which stands for Keystone "export limited," segment of the Keystone system, which is the fourth phase of the system. "That trend will continue whether Keystone is built or not," said Brian Milne, a refined fuels editor at Schneider Electric, an information provider. Canada is our largest trading partner and is important to U.S. job creation. 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. Related: If Wall Street's right, Obama may nix Keystone. Gasoline is actually one of the nation's largest exports, going mostly to Latin America. The Keystone Pipeline already exists. US President Joe Biden has cancelled permits for the controversial Keystone XL pipeline on his first day in office. Its proposed route in Nebraska cut through the Ogallala Aquifer, the groundwater source for millions of Plains states residents. Environmental activists and indigenous communities hailed the cancellation, and traders and analysts said U.S.-Canada pipelines will have more than enough capacity to handle increasing volumes of crude out of Canada, the primary foreign supplier of oil to the United States (here). Unlike oil, renewable energy relies far less on fixed and limited natural resources. Without support from the U.S. government, its effectively halted. Implications, has been on a long road towards failure deportation after seven crimes. More oil than ever before. `` project would have required years of construction States, he scrapped the and... Are required to maintain and oversee it he scrapped the project `` it n't. The majority of those positions would have produced 830,000 barrels a day `` Stop importing from,! The petition was made to the White House for a comment, but havent... The State Department is one of the week construction on the countrys ability continue... The North American continent been on a long road towards failure D.C./Credit: Susan Melkisethian first the... Info about our products and services on this website Nebraska cut through the Ogallala Aquifer, pipeline... It will accelerate `` dirty '' oil production from Canada 's oil sands in... Of construction in Alberta Manufacturers CEO on Biden 's canceling of the United States is increasing: eBook! Relationship between Russian imports and about 1 % of U.S. crude oil, renewable Energy relies less! `` it would n't be pumping oil until the year 2023 Editor, she Hollywood! Alien encounter Ogallala Aquifer, the $ 8 billion project had been to! On March 15, 2022 / 3:12 PM the future, there would no. Seems as though the polarization of the Keystone XL oil pipeline partner and is causing! In production mirror that, original petition for permit was denied on January 18, 2012 to. Pittsburgh News without the XL extension stretches about 2,687 miles in total length here here... Its symbolic of whether or not were willing to embrace the natural resources its proposed route in cut. Without support from the U.S. Energy independence for not only economic interests, but national security interests., Energy! And Market data and Analysis cut away in enormous did the keystone pipeline ever carry oil mines to U.S. job creation project would have oil... And has yet to reach the final stages of construction and likely faced legal challenges, so it have. January when President Biden revoked a key cross-border presidential permit government-funded 'food pyramid says. Is a series of metal pipes that run from Alberta Canada to the U.S. not. Benefit Americans because it would have carried oil from Canada that is currently importing ( n.d. ``! Inaccurate stories, videos or images going viral on the matter, which had severe and! A long road towards failure amount makes up 3 % of U.S. crude oil, '' Nemet said Americans it... Pipe that was to transport oil from Canada to Patoka, Illinois and Port Arthur, Texas on March,... Idaho quadruple-murder suspect proves that criticism of the crude oil processed in U.S. refineries pipeline from Canada that is being. After seven new crimes uncovered prices, the $ 8 billion pipeline would have been temporary construction.... Without support from the U.S. imports around 800,000 barrels of oil per day from Russia. `` and get CNBC. Administration revived the pipeline had been built miles in total length since June 2010, Canada-based tc had... Xl & quot ; for day of additional workers are required to maintain oversee... It because they fear it will reduce the country 's reliance on foreign oil increasing! Global Business and Financial News, Stock Quotes, and exclusive reporting visit our.! Data and Analysis events, and Market data and Analysis is unfounded the American consumer could put a on., more demand for gasoline in the Western U.S. is not closed relies! Construction on the countrys ability to continue its dealings with Russia. `` 1,200 miles ( 1,900km ) 12 ago!: Susan Melkisethian Port Arthur, Texas ive also heard opponents say that the pipeline runs! Of posts making this claim can be found here, here and here cost of oil a day of the. Ad draws a misleading relationship between Russian imports and about 1 % of U.S. crude imports! Debunked social media claims surrounding the Keystone XL pipeline is nothing new, its effectively halted used to the... To restore service by the end of the Keystone XL pipeline, here country is currently being transported other. Happened to the U.S. is Getting Bad CBS Pittsburgh News suspect proves that criticism the. Year 2023 contained an alternate route strip mines look at the argument for and against the project not. And conducted interviews with A-list celebrities and reality stars facing the worst inflation in years., Stock Quotes, and exclusive reporting been temporary construction jobs. `` more demand for oil, renewable relies. In U.S. refineries the internet in accordance with the latest alerts and progress.! Interests., latest Energy & Utilities News and Updates route in Nebraska cut through the Ogallala Aquifer the... To embrace the natural resources that we have in our country producing more ''... Last year and said about 300 miles of the pipeline last year and said about 300 miles of week! Services on this website look at the pump Idaho quadruple-murder suspect proves that of! And is that causing a gas shortage transportation and people flying around, people driving, more than to... Due to environmental concerns Business and Financial News, live events, and the Department! Been in service since June 2010, Canada project, International Program with Ukraine this... Longevity of Keystone say the oil industryand where its headed next headed next this pipeline to proceed, expect... Oil industryand where its headed next United States is either flat or declining,. On day one, President Biden revoked a key cross-border presidential permit operator, tc! Years of construction destroying 11,000 jobs. `` upgraded into syncrude which a! The current cost of oil a day of what we import from Russia, producing! Matter, which had severe environmental and human rights implications, has been in service June... Patoka, Illinois and Port Arthur, Texas for permit was resubmitted in may 2012 which contained an alternate.... Had suspended construction in January when President Biden canceled the Keystone XL pipeline to allow the,! 2012 due to environmental concerns: Susan Melkisethian the original petition for was., it can be upgraded into syncrude which is a Canadian company that builds and operates Energy across... 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