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5:56 AM IST, 23 Jan 2021 5:36 PM IST, 25 Jan 2021 5:56 AM IST, 23 Jan 2021 5:36 PM IST, 25 Jan 2021. Keystone XL Pipeline: Facts and Myths. Nov. 4, 2014: TransCanada says the costs of Keystone XL have grown to $8 billion US from $5.4 billion US. The Canada-US pipeline transportation network creates substantial benefits for families on both sides of the border. The video is based on our March 10 article . When it was proposed in 2008, the price of crude had jumped to over $120 a barrel, causing some to fret that the energy supply would fall short of demand. Let's bust the biggest myths about KXL one at a time: MYTH #1: Keystone XL will create half a million jobs FACT: The numbers keep skyrocketing. The original Keystone Pipeline cost US$5.2 billion. It will also be wrong. It will also have a great impact on state taxes-generating about $135 million in state/local taxes. Many clean energy jobs also paid better than fossil fuel jobs. For opponents of the Keystone XL pipeline, the issue was one of simple math: The project would have facilitated increased production of Canadian oil sands, and a gallon of gasoline derived from oil. VERDICT Partly false. Oil is now down to about $50 a barrel, thanks in large part to the shale-oil boom. A A. Five thousand, twenty thousand, 250,000 - even half a million jobs would be created by one pipeline, according to the American Petroleum Institute. Ahead of another ill-advised vote to approve the Keystone Pipeline, the same myths are being spread, pitting environmental protection against job creation. Canceling Keystone XL May Have Been Biden's Biggest Blunder. Both of those numbers — the 595,000 barrels of oil per day (BPD) from Russia and the 830,000 BPD that the Keystone XL pipeline would have transported . They also argue that taking more tar sands from Canada. Keystone XL would have increased the system's capacity to 830,000 barrels of oil per day. This is blatantly false. The project was first . From there, it runs . U.S. President Joe Biden's Jan. 20, 2021, executive order to halt construction of the Keystone XL pipeline "destroyed" 11,000 jobs. When answering them, several myths about the pipeline emerge. The XL's final stop, Steele City, appears on planning maps as a giant dot in the south-east of the state. 01/19/2021. When it was proposed in 2008, the price of crude had jumped to over $120 a barrel, causing some to fret that the energy supply . Because raw tar sands bitumen is more corrosive and abrasive than normal crude oil, the risk of a spill is greater; the Alberta pipeline system (which carries diluted bitumen, the same product . The completion of the Line 3 pipeline by 2020, and Keystone XL pipeline by 2022, will allow Alberta to export 1.2 million barrels a day to the U.S. Gulf Coast, where bitumen will replace declining . Competing Keystone Claims. The State Department's assessment finds that pipeline would only create 35 permanent jobs. Myth: The Keystone XL would enhance our energy security. The 4,324-kilometre (2,687-mile) Keystone Pipeline System plays a key role in connecting Alberta crude oil supplies to U.S. refining markets in Illinois, Oklahoma and Texas, as well as connecting U.S. crude oil supplies from the Cushing, Okla., hub to refining . Cancelled Keystone XL Pipeline May Yield 48,000 Tons of Scrap. Insana: Energy prices are soaring, but the Keystone Pipeline wouldn't have helped ease the pressure. The Keystone Pipeline System, stretching 4,324 km (2,687-miles) in length, plays a key role in delivering Canadian and U.S. crude oil supplies to markets around North America. The Keystone Pipeline currently ships up to 591,000 barrels of crude oil per day. "The United States imports nearly 600,000 barrels of oil a day from Russia—an amount that could have been made up for by the more than 800,000 barrels of oil the Keystone XL pipeline is capable . Posted in Latest news America's Energy Problem Was Not From Killing Keystone Pipeline In the last few weeks, much of the rhetoric about energy has focused on President Biden's cancellation of the Keystone XL pipeline and his de facto suspension of new oil and gas leases. The Keystone XL Pipeline consists of two parts. The Keystone XL pipeline, which would have expanded an existing system transporting oil from Canada to the Gulf Coast, has been a political and environmental battleground since its conception in 2008. Sometime tomorrow after Joseph R. Biden, Jr. takes the Presidential Oath of Office, one of his first actions will be to issue an executive order cancelling the Keystone XL pipeline permit. U.S. President Joe Biden revoked the permit for TC Energy Corp.'s Keystone XL energy pipeline via executive order hours after his inauguration, the clearest sign yet that constructing a major new . The Keystone Pipeline can be a major job creation project. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March . (Bloomberg) -- The scrapping of Keystone XL not only means the end of multibillion-dollar pipe dream for TC Energy Corp. -- it also leaves behind 48,000 tons of steel. Though the Keystone Pipeline is capable of transporting large quantities of oil -- up to 590,000 barrels per day-- and tar sand oil is more polluting than conventional crude, this pipeline is not the climate end game.The maximum capacity of the pipeline is only 3 percent of current U.S. consumption (roughly 19 million barrels per day) and 0.7 percent of global consumption (roughly 85 million . . TC Energy's controversial pipelines "It's not a . In a Facebook post published the same day, one user said the move would cost thousands . The proposed northern portion of TransCanada's ( TRP 1.59%) Keystone XL pipeline, which would transport massive quantities of mainly heavy crude oil from Alberta's oil sands to the U.S., has drawn . Seven out of nine counties in South Dakota will see their property tax base increase by more than 10 percent, with some much higher. The Keystone XL pipeline project is expected to create thousands of jobs for Americans. At the time Mr. Biden halted its construction, the $8 billion expansion was only about 8% complete, according to Reuters. By Robert Rapier - Mar 08, 2022, 1:00 PM CST. Joe Deaux. After more than 10 years of tenacious protests,. The Keystone XL pipeline, first proposed more than a decade ago during a period of high oil prices, was to have carried up to 830,000 barrels per day of crude oil from Alberta, Canada, to Steele . The Keystone Pipeline System stretches 2,687 miles, while Keystone XL was to be 1,210 miles in length. What makes it so controversial is that tar sand oil is the dirtiest of all oils and produces about four times more CO2 then regular oil. And it's untrue that the oil would be more corrosive than standard crude—no heating, no major compositional changes. Jobs Gained, Jobs Lost by the ConstruCtion of Keystone XL 3 » Pipeline spills incur costs and therefore kill jobs. But the Keystone XL pipeline was an artifact from an earlier time. Real Estate. PRESS RELEASE: Tuesday, February 25, 2014 CONTACT: Nick Surgey, nick@prwatch.org, 608-260-9713. Many Republicans . Myth: Keystone XL proponents argue that bringing in more Canadian oil will give the U.S. a "supply cushion" and moderate oil price volatility. Save. A planned 1,179-mile (1,897km) pipeline running from the oil sands of Alberta, Canada, to Steele City, Nebraska, where it would join an existing pipe. The operational part of the Keystone pipeline now carries 591,000 barrels per day, and TransCanada expects the XL extension to add a capacity of 600,000 barrels a day. The image is something of an anticlimax. The cheap, slow, and bulky drones taking down Russian armored tanks for Ukraine. Written by Michael McKenna on Mar 7, 2022. While Russia is facing NATO opposition to its invasion of Ukraine, Biden administration climate czar John Kerry is talking about "global warming," former President Donald Trump lamented Saturday night in his Conservative Political Action Conference speech. The takedown of the notorious Keystone XL (KXL) tar sands pipeline will go down as one of this generation's most monumental environmental victories. . "There's a myth out there that the aquifer is completely untouched by industrial activity when, really, there is about 20,000 miles of pipeline running through it—including the first phase of Keystone," said Sheremata. First, a little background information. Myth: We need the Keystone XL because it would create jobs. The Keystone Pipeline is a controversial oil pipeline system that transports tar sand oil from Canada to the Gulf Coast of Texas and vice versa. Keystone XL would be the first tar sands pipeline routed through the environmentally sensitive Sandhills and directly through the heart of the Ogallala aquifer. Canceling the Keystone XL pipeline was about sending a message for U.S. President Joe . President Trump signed an "executive order" approving construction of Keystone XL. The Reuters Fact Check team previously debunked social media claims surrounding the Keystone XL Pipeline, here . The proposed Keystone XL pipeline expansion would bring a hefty 830,000 barrels of oil per day from Canada's Oil Sands to the Gulf Coast by way of Steele City, Nebraska. Trump's approval of the Keystone XL pipeline was expected based on comments made during his campaign for office. By Louis Jacobson • April 1, 2022 The Keystone. The U.S . However, it has been torn apart by critics over its harmful environmental effects, which they believe far outweigh any benefits to the economy. To the Editor: Re "With Veto Threat, Obama and Congress Head for Collision on Pipeline" (news article, Jan. 7): Republicans are trying to push through the Keystone XL oil pipeline in a classic . : 147 History Political debates in the U.S. are often plagued by disinformation, and the TransCanada oil pipeline controversy is no exception. U.S. pump prices doubled during the next 12 months. Clean-up operations and permanent pipeline spill damage will divert public and private funds away from productive economic activity. The Canadian portion of the pipeline runs from Hardisty, AB, east through Manitoba where it turns south and crosses the border into North Dakota. The Keystone XL Pipeline project will generate nearly $1.8 billion in Nebraska during the construction phase alone. Both of those numbers — the 595,000 barrels of oil per day (BPD) from Russia and the 830,000 BPD that the Keystone XL pipeline would have transported . And don't forget that TransCanada's job estimates were greatly exaggerated. Reuters Fact Check THE ANSWER The claim that the Keystone Pipeline would have offset U.S. imports of Russian oil needs context. With a showdown vote approaching on the Keystone XL pipeline, both sides continue to spin the facts about exports and safety. The Keystone XL Pipeline Will do Little for Hard Working Americans The pipeline will create fewer than 50 permanent jobs. It carries some 2.5 million barrels of petroleum products per day (twice the proposed capacity of Keystone XL) to customers and refineries in . From January 2018 through December 31, 2019, Keystone XL development costs were $1.5 billion. In fact, green industries account for more jobs than do oil and gas production. Featured Fact-check Donald Trump stated on March 31, 2022 in a public statement The Strategic Petroleum Reserve has "been mostly empty" for decades. With a showdown vote approaching on the Keystone XL pipeline, both sides continue to spin the facts about exports and safety. Canceling the Keystone XL pipeline was about sending a message for U.S. President Joe Biden. Our sister site, FlackCheck.org, sifts through some claims and counterclaims about the proposed Keystone XL pipeline and presents the facts. In Canada, the network: > Created $9.2 billion in economic activity (GDP) in 2019. Winston Churchill once said, "The truth is incontrovertible. In fact, the pipeline will be built to much h igher safety standards than other pipelines. 2. Most of these jobs would be considered temporary, but about 38,000 of them would be considered support jobs, such as food service. November-December 2014: Midterm elections turn control of the U.S. Congress over to . It could carry 830,000 barrels of oil each . Yes, building a 2,000-mile-long pipeline would create jobs. Now that the global supply of energy is being called into question, however, many are doubting how much . The XL is the fourth phase of the latter, an oil pipeline system in the United States and Canada owned by TC Energy Corporation. Biden cancelled the Keystone XL pipeline on his first day in office in 2021. OPINION: In the last few weeks, much of the rhetoric about energy has focused on President Biden's cancellation of the Keystone XL pipeline and his de facto suspension of new oil and gas leases . FACT: The original Keystone pipeline (TransCanada's precursor to Keystone XL) has been plagued by problems since its opening in 2009 - at least 12 reported spills, including one of 21,000 gallons. It carries this oil from Alberta to refineries in Illinois and Texas. The Keystone Pipeline System is an oil pipeline composed of several sections. It also will bring the creation of nearly 750 jobs in the construction field, and it's important to note that this project is . The Keystone Pipeline from Canada to the U.S. is not closed. The post fails to distinguish between the Keystone XL pipeline and the entire Keystone Pipeline System. FACT: Construction of the Keystone XL will create between 3,000 and 4,000 direct and indirect jobs in South Dakota, which will contribute well over $100 million in earnings state wide. So would a high-speed railway, a wind farm, or a solar array. Jobs in coal, natural gas and petroleum fuels paid $24.37 an hour, while solar and wind jobs combined for a $24.85 median . TransCanada is the company behind the pipeline and they seem to . The president actually signed various memoranda to advance construction of the pipeline, including speeding up environmental approvals. Though the Keystone Pipeline XL had secured full funding. In 2010 US pipeline spills and explosions killed 22 people, released TransCanada's own CEO, Russ Girling, concedes that permanent jobs to operate the Keystone XL pipeline tops out at 50. MADISON -- Today, the Center for Media and Democracy (CMD) released a new short film "Keystone PipeLIES Exposed" and major investigative report debunking key claims of proponents of the Keystone XL Pipeline as the State Department solicits comments from the public on its controversial environmental . OpinionFront aims to clear the confusion by giving you several pros and cons of the Keystone XL pipeline, along with other facts, like its controversy and political . On Jan. 20, Biden signed an order that revoked the permit for the construction of the Keystone XL pipeline. Malice may attack it, ignorance may deride it, but in the end, there it is." Let us separate myths from reality. What remained was a $5.3 billion proposal to build a 1,179-mile (1,900 kilometer) pipeline from Alberta to Nebraska. This portion would transport oil over 435 miles through 36" pipe running from Cushing, Oklahoma to Port Arthur,. So here's my humble effort to dispel a few misconceptions. 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. The US State Department has estimated that the construction of the pipeline project could create up to 42,000 jobs over a two-year construction period. Myth: Keystone XL Would Increase The Price At The Pump This myth is mostly a misunderstanding of how oil prices actually work. > Employed 13,434 people across Canada in 2019. Two things happened one after the other: 1. The Keystone 1 Pipeline system extends 2,600 miles from Alberta, Canada, east into Manitoba, and then south to Texas, according to TC Energy. January 15, 2015 Energy efficiency - the largest employer in the nation's energy sector - supports a median hourly wage of $24.44, about 28% above the national median. TC Energy offers customers great opportunities to reach U.S. Midwest and U.S. Gulf Coast markets via the Keystone Pipeline System. The Keystone XL Pipeline would be composed of two new segments: one extending the pipeline from Cushing, OK to Port Arthur and Houston, TX (renamed the . Here are 7 "inaccurate" statements surrounding the Keystone XL project: 1. Backers like API and the US Chamber of Commerce are Dependence On Foreign Oil On his Fox News program, Sean Hannity claimed the pipeline would help "limit our dependency on foreign oil," ignoring that the pipeline. The primary purpose of the proposed Keystone XL pipeline is to provide the infrastructure to transport up to 830,000 barrels per day (bpd) of crude oil from the WCSB [Western Canadian Sedimentary Basin] in Canada and the Bakken Shale Formation in the U.S. to existing pipeline facilities near Steele City, Nebraska for onward delivery to Cushing . The first is the Gulf Coast Project. XL myth #1: The pipeline will greatly reduce our reliance on crude from antagonistic nations. The village, named after former railroad . MYTH: Keystone XL Would Reduce U.S. WHAT WE FOUND In May of 2021, the U.S. imported the most amount of. From a policy perspective, revoking the permit for Keystone has many drawbacks, not least of which is the loss of 11,000 well-paying blue-collar jobs . The video is based on our March 10 article . In January he issed an order that paved the way for the project's approval . The operational part of the Keystone pipeline now carries 591,000 barrels per day, and TransCanada expects the XL extension to add a capacity of 600,000 barrels a day. Posted on August 24, 2011 by David R. 6 (Updated 9-04-11.) • Critics continue to call it an "export pipeline" while proponents . "We have a world that's ready to blow up and disintegrate over energy, and he's . The 1,032-kilometre, dual pipeline was built in 1953. It would have crossed the Canada-US border en route from Hardisty, Alberta to Steele City, Nebraska. The pipeline didn't make economic sense "The Keystone XL pipeline was an artifact from an earlier time. Why is it so controversial? A press release from TransCanada in 2008 estimated the Keystone XL costs at approximately US$7 billion with a completion date of 2012. FACT: The original Keystone pipeline has been plagued by problems since its opening in 2009 - at least 12 reported spills, including one of 21,000 gallons this spring. First, a little background information. DEBUNKING KEYSTONE DEBUNKING KEYSTONE The Myths and Misinformation about America's Most Controversial Infrastructure Project 7 Houston Nederland Cushing Wood River Steele City Baker Hardisty Patoka The Keystone XL pipeline project is, no doubt, a colossal undertaking, with hundreds of miles of pipeline to be assembled and buried along its . Yet with Biden's snap decision to terminate the Keystone XL pipeline project, Biden has sent a clear signal that 'leading the world' may be more important than 'consulting with allies'. The Keystone Pipeline (Phase 1) and the Keystone-Cushing Extension (Phase 2) are already in place and operational. Our sister site, FlackCheck.org, sifts through some claims and counterclaims about the proposed Keystone XL pipeline and presents the facts. 'They're scared': Wealthy Russians look to sell U.S. real estate everywhere from Fisher Island . 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