Keystone Pipeline All About Exporting Oil Overseas – Report


 The United States is awash in oil with four times as many oil rigs pumping domestic oil today than eight years ago and declining  demand

Canada needs overseas markets for its dirty oil

[Excerpts from my September 2nd article on the proposed Keystone XL pipeline — Stephen]

The only reason U.S. citizens may be forced to endure a risky, Canadian-owned oil pipeline called Keystone XL is so oil companies with billion-dollar profits can get the dirty oil from Canada’s tar sands down to the Gulf of Mexico to export to Europe, Latin America or Asia, according to a new report by Oil Change International released Wednesday.

“Keystone XL will not lessen U.S. dependence on foreign oil, but rather transport Canadian oil to American refineries for export to overseas markets,” concludes the report, titled “Exporting Energy Security“.

….

“The oil industry would have done the Northern Gateway [pipeline] first but gambled that resistance to the [Keystone XL] pipeline would be far weaker in the mid-west,” he told IPS.

They were wrong.

Read full article:

U.S. Awash in Oil and Lies, Report Charges | More Oil Development Risks Catastrophe – Scientists Say

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s