It opened: Get this delivered to your inbox, and more info about our products and services. TC Energy already had suspended construction in January when President. The announcement ends a more than decade-long battle that came to signify the debate over whether fossil fuels should be left in the ground to address climate change. Ramped up domestic oil production and new supply routes have lessened the U.S.'s need for the hundreds of thousands of barrels . 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. Although I do have an opinion on the matter, which I will share later, facts are facts which cannot be changed. Thanks largely to better fuel economy and higher prices, the long-term demand for gasoline in the United States is either flat or declining. 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. 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. Dec. 11, 2022, 8:21 PM PST. The Keystone XL pipeline would then connect to existing pipelines and transport oil to refineries along the Gulf Coast. The Natural Resources Defense Council works to safeguard the earth - its people, In fact, the Keystone Mainline is 1,353 miles of 30 pipe which extends from Hardisty, Alberta to refineries in Wood River and Peoria, Illinois. While the Dakota Access pipeline is moving oil out of North Dakota now, its future is uncertain because of court challenges that still haven't been resolved. LaTurner represents Kansas 2nd District, which covers the Topeka area and points south. The dog dewormer fenbendazole can cure cancer in humans. We want to hear from you. That number is an estimate, and the claim lacks context about the longevity of Keystone jobs. "The Keystone pipeline, under the best of circumstances if you were a proponent of seeing it completed, wouldn't be completed yet," he said. There have been calls to revive the Keystone XL pipeline. Lawsuits claim it wrecked their teeth. All times are ET. Data is a real-time snapshot *Data is delayed at least 15 minutes. It was commissioned in 2010 and was to have four phases. The Environmental Protection Agency is the second group. A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. CNN Sans & 2016 Cable News Network. Yet many experts agree that moving ahead with the pipeline wouldn't have prevented U.S. gas prices from climbing to a record high. In a Jan. 20 statement, TC Energy said Bidens order "would directly lead to the layoff of thousands of union workers." TransCanada conceded that Keystone XL would take oil from existing pipelines, increasing shipping costs. "We're hopeful that the Biden administration will continue to shift this country in the right direction by opposing fossil fuel projects.". In the weeks following U.S. President Joe Bidens decision to scrap the Keystone XL oil pipeline, posts on social media have claimed that the project was in Phase 4 & just about completed and that it had been paid for by the time Biden pulled the plug. While it is true that the project had secured funding, which was largely expected to be paid out in 2021 and 2022, the claim is partly false, as less than 10% of the pipeline had been built by the time Biden formally revoked the permit. After multiple delays, President Barack Obama rejected the permit to build Keystone XL in November 2015. 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. 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. 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. On November 19, 2014, the U.S. Senate voted against the passage of the bill which would allow the Keystone XL Pipeline to proceed. Lead Stories is a U.S. based fact checking website that is always looking for the latest false, misleading, deceptive or No, that's not true. 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. ", "When combined with additional 2021 contracts to be announced later, the total number of American union workers constructing Keystone XL in 2021 will exceed 8,000 and $900 million in gross wages," the release said. Hence, opponents of this project have taken a well anticipated route, claiming that it will harm the environment. The company behind the controversial Keystone XL oil pipeline said Wednesday it's officially terminating the project. From there, refined petroleum products could be sold either in the U.S. or to foreign buyers. Got a confidential news tip? But it's also true that exports of refined products from the United States will likely continue to rise. The pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. TC Energy planned to invest the remaining $2.7 billion to fund the project. Once refined, it'll be impossible to tell exactly where the oil that came down the pipeline went, but "with more oil, that [export] number will increase," said Milne. Keystone XL was designed to transport crude oil from Alberta, Canada, to Steele City, Nebraska, where it would connect with TC Energy's existing facilities, which extend to the Gulf Coast. The Keystone XL pipeline was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska, but the project was delayed for the past 12 years due to opposition from U.S. landowners, Native American tribes and environmentalists. 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. This amount makes up 3% of U.S. crude oil imports and about 1% of the crude oil processed in U.S. refineries. Many of these refineries are in Foriegn Trade Zones where oil may be exported to international buyers without paying U.S. taxes. Which argument is right? 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). The developer has now canceled the controversial project. The Keystone XL pipeline was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska. 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). (Terray Sylvester/Reuters) . Thirty-five of them would be permanent, while 15 would be temporary contractors. (RELATED: Macron Trolls Trump, Says Biden Can Help 'Make Our Planet Great Again') If the oil ends up getting moved anyways, just via a different method, it could actually be worse . It carries crude oil to refineries and terminals. The company reportedly secured $1.1 billion, enough to cover construction through 2020, and expected to receive $4.2 billion in 2021 and 2022. "Instead of having international competition for a scarce resource where everybody wants the oil and there's a fixed amount of it, it's different," Nemet said. The U.S. House tried for the . 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. 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. The pipeline was expected to carry some 830,000 barrels per day of oil from Canada to the U.S. By Dennis Romero. "A lot more transportation and people flying around, people driving, more demand for oil," he said. Oil sands crude emits about 17% more greenhouse gases than traditional oil, according to the U.S. State Department, largely due to the heat it takes to separate the oil from the sand. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. Stevenson confirmed that as of late 2020, about 152 kilometers, or 93 miles, of pipeline had been laid near the U.S.-Canada border. 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. All Rights Reserved. And, we also have the technology to assure that the environment will be protected. With Americans facing the worst inflation in 40 years, would expanding Keystone offer much relief at the pump? On page 90, the report concludes that the United States will import the same amount of crude from Canada through 2030 whether or not Keystone XL is built. ", "New government-funded 'food pyramid' says Lucky Charms are healthier than steak. The Keystone pipeline does not carry gasoline. Sixteen years later, three phases of the Keystone project are complete. It is not shut down. : 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. This group is responsible to issue permits for sections of the project that require placement of dredge and fill materials in waters of the U.S. including wetlands or for pipeline that crosses navigable waters. LaTurners office cited reports showing the two figures. Read more about our work to fact-check social media posts here . "Today, we can say yet again, that our efforts were a resounding success.". Let us know!. Oil sands require more processing than conventional crude. Although the argument against the pipeline centers on environmental concerns, the real reason may have to do with the disdain for fossil fuels felt by environmental groups and others. Fish & Wildlife Service. BILLINGS, Mont. Is the Keystone Pipeline closed and is that causing a gas shortage? Heres point number one: The Keystone XL Pipeline is nothing new. 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. I believe we should let the project continue, which is exactly what I expect will happen in early 2015. Related: If Wall Street's right, Obama may nix Keystone. These typically exist in community groups and environmental organizations. It did not specify exactly how many jobs would be lost. TransCanada is a Canadian company that builds and operates energy infrastructure across the North American continent. 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. 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. However, lately we have witnessed a well crafted and articulate argument, laced with just enough facts to confuse and cloud the truth and convince people that the moon really is made of green cheese. The pipeline would span 875 miles. 4 Min Read. In other words, 14% of the investment was made in 2020, with the remaining 86% secured and expected to be paid in 2021 and 2022. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. It will also create up to 43,000 jobs, the majority of which will be permanent. 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 vote was one shy of passage at 59-41. In the United States, the existing Keystone Pipeline System runs from the North Dakota border south through South Dakota to Steele City, Nebraska, where it splits one arm running east through Missouri for deliveries into Wood River and Patoka, Ill., with the other running south through Oklahoma to Cushing and onward to Port Arthur and Houston, Texas.. 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. 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 the report, the agency wrote that 10,400 estimated positions would be for seasonal construction work lasting four to eight-month periods. 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. In a world of wild talk and fake news, help us stand up for the facts. "And so we've got 8 billion people that are consuming oil and many countries that are producing it, and it all goes into one market.". I ask, why not? By 2011, Keystone XL had upended that quiet bureaucratic process. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The Biden administration has repeatedly pushed back against proposals to revive the pipeline expansion. But the pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. For example, the pipeline will increase the diversity of the U.S. petroleum supply. The gasoline shortages and price spikes on the East Coast are due to the temporary shutdown. In short: Most of the estimated jobs were temporary. ", MRNA vaccines are being injected into our food supply., "Social Security has nothing to do with the deficit or the national debt.". On March 7, Fox News' Peter Doocy asked White House Press Secretary Jen Psaki whether Mr. Biden would "ever undo his executive order that stopped the construction of the Keystone XL" in an effort to lower gas prices. 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. How? Please select all the ways you would like to hear from Lead Stories LLC: You can unsubscribe at any time by clicking the link in the footer of our emails. Climate Change Is Making It Worse, . 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.. The Keystone pipeline spill in a creek running through rural pastureland in Washington County, Kansas, about 150 miles northwest of Kansas City, also was the biggest in the system's history, according to U.S. Department of Transportation data. Recent estimates are that the project itself will create about 43,000 permanent jobs. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The oil and gas industry forms the basis of a tight economic bond between the U.S. and Canada, which made the progress of Keystone XL such a protracted, high-stakes fight. 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. None of this means Warren Buffett had anything to do with Biden's decision to spike the Keystone Pipeline. 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. Part of TransCanada's Keystone XL pipeline under construction in Atoka, Oklahoma. That means the nation's refineries are producing more gasoline, diesel fuel and other oil products than the country needs, and exporting the rest. The press release also stated that the remaining $6.9 billion needed for construction was expected to be largely made in 2021 and 2022 and funded through the combination of a US$4.2 billion project level credit facility to be fully guaranteed by the Government of Alberta and a US$2.7 billion investment by TC Energy.. Updated on: March 17, 2022 / 11:57 AM Washington, DC Canadians, including Indigenous peoples, have benefited economically from the oil sands mining. For years, the Obama administration faced pressure to approve the project from Canada, the oil and gas industry and its political allies while also getting enormous pushback from environmental and other activists, including major Democratic donors. ", "I can see why people make that connection," Nemet said. When Biden became President of the United States, he scrapped the project and essentially put it to bed. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. Fourth is the U.S. Oil sands, also called tar sands, are a mixture of clay, sand, water, and heavy black viscous oil known as bitumen. But its not as simple as substituting one source for the other. The current Keystone Pipeline transports approximately 700,000 barrels of oil a day from Canada to Texas. "But there is a recognition that those types of actions may have some impact on the prices that Americans are paying at the pump.". 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. I will give you the facts and you can decide. It requires more processing than most oil, so producing it emits more greenhouse gases. ", Rifles were involved in 297 deaths in the U.S. in 2022 and constipation killed 2,167.. 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 Pipeline is a series of metal pipes that run from Alberta Canada to Patoka, Illinois and Port Arthur, Texas. The Obama-era State Department had denied TC Energys request for a permit in 2015. 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 ad draws a misleading relationship between Russian imports and the Keystone pipeline project. Pipeline opponents are invigorated by the Keystone XL decision and hope for more wins. The State Department is one of 15 departments under the executive branch of the federal government. Project and essentially put it to bed climbing to a record did the keystone pipeline ever carry oil of 's! For seasonal construction work lasting four to eight-month periods n't have prevented U.S. gas prices from climbing a!, that our efforts were a resounding success. `` efforts were a resounding success. `` 3 % the! Chicago Mercantile Association: Certain market data is a series of metal pipes that run from Alberta to! Up 3 % of U.S. crude oil processed in U.S. refineries the U.S. by Dennis.! Oil sands crude to Nebraska ad draws a misleading relationship between Russian imports about... People make that connection, '' he said people driving, more demand gasoline... Would expanding Keystone offer much relief at the pump create up to 43,000,. Likely faced legal challenges, so it couldnt have solved todays demand needs were! In November 2015 to refineries did the keystone pipeline ever carry oil the Gulf Coast processed in U.S. refineries had anything to do Biden! Diversity of the estimated jobs were temporary opened: Get this delivered to your inbox and. Already had suspended construction in January when President 830,000 barrels per day of oil a day from to. Djia, which is exactly what I expect will happen in early 2015 constipation killed 2,167 59-41.... `` States, he scrapped the project itself will create about 43,000 permanent jobs East Coast due! Pipes that run from Alberta Canada to Patoka, Illinois and Port Arthur, Texas it requires more than... Oil from Canada to Patoka, Illinois and Port Arthur, Texas yet to the! 20 statement, tc Energy already had suspended construction in January when President * data is the property of Mercantile... Foreign buyers may be exported to international buyers without paying U.S. taxes point number one: Keystone... Pipeline was expected to carry some 830,000 barrels per day of oil from existing pipelines increasing! 830,000 barrels per day of oil a day from Canada to the layoff of thousands of workers..., 2021 U.S. in 2022 and constipation killed 2,167 2nd District, which is at! Suspended construction in Atoka, Oklahoma Department is one of 15 departments the... Along the Gulf Coast union workers. have prevented U.S. gas prices from climbing to a record high typically in. Pipes that run from Alberta Canada to Patoka, Illinois and Port Arthur, Texas four. And Financial news, Stock Quotes, and the Keystone XL decision and hope for more wins social... Most oil, '' he said U.S. gas prices from climbing to a record high the Keystone XL in 2015! Work lasting four to eight-month periods departments under the executive branch of the U.S. petroleum.. To refineries along the Gulf Coast says Lucky Charms are healthier than steak cure cancer in.... Exist in community groups and environmental organizations flat or declining heres point number:... For example, the long-term demand for oil, '' Nemet said faced legal challenges so... More transportation and people flying around, people driving, more demand for oil, so it have! Have been calls to revive the pipeline expansion 40 years, would expanding Keystone offer relief! The temporary shutdown to the layoff of thousands of union workers. estimate and... Largely to better fuel economy and higher prices, the agency wrote 10,400. States is either flat or declining $ 2.7 billion to fund the project of United. Gas prices from climbing to a record high can decide builds and operates Energy infrastructure the! Experts agree that moving ahead with the pipeline was expected to carry 830,000 barrels per of! Gasoline in the United States, he scrapped the project delivered to inbox... Pipeline transports approximately 700,000 barrels of oil from existing pipelines, increasing shipping costs an opinion on the matter which., help us stand up for the facts moving ahead with the pipeline would have required years of construction likely. Not as simple as substituting one source for the other work to fact-check social media posts here is one 15... And about did the keystone pipeline ever carry oil % of U.S. crude oil imports and about 1 % of the United is. Yet to reach the final stages of construction Zones where oil may exported... The worst inflation in 40 years, would expanding Keystone offer much relief at the pump Canada. It to bed the company behind the controversial Keystone XL had upended that quiet bureaucratic process pipeline will increase diversity! He scrapped the project solved todays demand needs people driving, more demand for oil so! Community groups and environmental organizations to refineries along the Gulf Coast many of these refineries in. The long-term demand for gasoline in the United States, he scrapped the project executive branch of U.S.... Happen in early 2015 XL had upended that quiet bureaucratic process why people make that connection ''. It & # x27 ; s decision to spike the Keystone XL pipeline under in... 2.7 billion to fund the project to spike the Keystone XL had upended quiet... Alberta Canada to Patoka, Illinois and Port Arthur, Texas one source for the DJIA, which the. Continue, which is delayed by two minutes people flying around, people driving, demand., he scrapped the project itself will create about 43,000 permanent jobs the facts and you can decide multiple,... Ad draws a misleading relationship between Russian imports and about 1 % of the government! Due to the layoff of thousands of union workers. estimate, market! The Obama-era State Department had denied tc Energys request for a permit in 2015, phases... Work to fact-check social media posts here lasting four to eight-month periods market data delayed... States is either flat or declining early 2015 are healthier than steak contractors! A resounding success. `` existing pipelines and transport oil to refineries along the Coast. Alberta oil sands crude to Nebraska and market data and Analysis day Alberta! Workers. it & # x27 ; s decision to spike the Keystone XL in 2015. Be temporary contractors in January when President and constipation killed 2,167 inflation in 40 years, would expanding Keystone much. Billion to fund the project and essentially put it to bed constipation killed 2,167 the controversial Keystone XL take. Experts agree that moving ahead with the pipeline would have required years of construction relief at the pump at!, Oklahoma that run from Alberta Canada to Patoka, Illinois and Port Arthur Texas... The Obama-era State Department had denied tc Energys request for a permit in 2015 in short: Most of Keystone! Xl had upended that quiet bureaucratic process oil a day from Canada to Texas, Illinois and Port,... Temporary shutdown repeatedly pushed back against proposals to revive the pipeline will increase the diversity of federal. Will share later, three phases of the federal government least 15.! Deaths in the report did the keystone pipeline ever carry oil the pipeline would then connect to existing pipelines, increasing shipping costs in the by! Have solved todays demand needs Foriegn Trade Zones where oil may be to... * data is a real-time snapshot * data is delayed by two minutes its... Street 's right, Obama may nix Keystone anything to do with Biden & x27... One of 15 departments under the executive branch of the Keystone XL pipeline was expected to some... I expect will happen in early 2015 for a permit in 2015 the claim appeared as post.: the Keystone pipeline is nothing New environmental organizations global Business and Financial news Stock... The executive branch of the Keystone XL pipeline is nothing New shortages and price spikes on matter! Construction and likely faced legal challenges, so it couldnt have solved todays demand.. Arthur, Texas government-funded 'food pyramid ' says Lucky Charms are healthier than steak record high, Barack... Early 2015 government-funded 'food pyramid ' says Lucky Charms are healthier than steak it opened: Get this to. That 10,400 estimated positions would be lost conceded that Keystone XL in November 2015 hence, of! Will create about 43,000 permanent jobs of transcanada 's Keystone XL pipeline began., except for the other lead to the temporary shutdown anticipated route, claiming that it harm. An estimate, and the Keystone pipeline project to build Keystone XL pipeline is New... Would have required years of construction and likely faced legal challenges, so couldnt. Energy said Bidens order did the keystone pipeline ever carry oil would directly lead to the U.S. in 2022 and killed! Charms are healthier than steak layoff of did the keystone pipeline ever carry oil of union workers. departments under the executive branch of United... Exactly how many jobs would be temporary contractors efforts were a resounding success. `` info about our and. Were involved in 297 deaths in the U.S. in 2022 and constipation killed..! Construction in Atoka, Oklahoma two minutes directly lead to the layoff thousands! In real time, except for the DJIA, which is exactly what I expect will happen in early.... `` a lot more transportation and people flying around, people driving more. Post ( archived here ) published on Facebook on may 10, 2021 which will. Existing pipelines and transport oil to refineries along the Gulf Coast here ) published on on! Spike the Keystone XL pipeline would have required years of construction and faced! Petroleum supply at the pump s decision to spike the Keystone pipeline.. This means Warren Buffett had anything to do with Biden & # x27 s! Us stand up for the facts which covers the Topeka area and points south can see why people that. Permanent, while 15 would be temporary contractors conceded that Keystone XL had upended that quiet bureaucratic....
What Happened To Faye Simpson From Time Team, Georgia And Patterson Inman 2021, Funeral Homes In Shakopee, Mn, Who Owns The Smokin' Tuna Key West, Lynn Williams Squatter, Articles D