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? Get browser notifications for breaking news, live events, and exclusive reporting. At the heart of the protests was a knot of environmental concerns from the local to the global. The Keystone Pipeline is a series of metal pipes that run from Alberta Canada to Patoka, Illinois and Port Arthur, Texas. Instead, they're a tarry fossil fuel called bitumen that's mixed in with clay, sand, rock and together, can be hard as a hockey puck, destruction of Alberta's forests and health effects that some researchers say could be linked to the strip mining, makes oil sands crude more carbon-intensive and worse for the climate, Biden Administration Strikes A Deal To Bring Offshore Wind To California, the world had to keep half of oil and gas reserves in the ground, enormous pushback from environmental and other activists, including major Democratic donors, TC Energy's pipeline system in the northern Great Plains experienced a series of leaks. 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. ", stated on February 8, 2023 in a blog post. The pipeline was set to carry oil 1,200 miles (1 . Earlier this month, Representative Edward Markey asked TransCanada's President Alex Pourbaix to support a condition that would require the oil on Keystone XL to be used in the United States. A southern leg from Cushing,. ", Feb. 26, 2022, Alberta.ca, "Pipeline Project - Keystone XL," accessed Feb. 28, 2022. On February 9, 2005, TransCanada (now TC Energy) announced plans to construct a pipeline to move 400,000 barrels per day of Canadian heavy crude oil from Hardisty, Alberta, to Illinois. TORONTO (AP) Construction on the long disputed Keystone XL oil pipeline halted Wednesday as incoming U.S. President Joe Biden revoked its permit on his first day in office. LaTurners office cited reports showing the two figures. 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. "We remain disappointed and frustrated with the circumstances surrounding the Keystone XL project, including the cancellation of the presidential permit for the pipeline's border crossing," Alberta Premier Jason Kenney said in a statement. Mr. Pourbaix refused, saying that a requirement to keep oil on Keystone XL in the United States would cause refineries to back out of their contracts. LaTurner said in an ad: The Keystone XL pipeline "would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia. All Rights Reserved. The attacks came in social media posts, on television and, in at least one instance, in a paid ad from the House office of Rep. Jake LaTurner, a Kansas Republican who is seeking re-election to a second term. 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. Although I do have an opinion on the matter, which I will share later, facts are facts which cannot be changed. 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. 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. There have been calls to revive the Keystone XL pipeline. 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. 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 would have helped ease those fears while giving America the flexibility to counter Russian aggression by expanding energy exports to Europe," she wrote. 33701 Three of the phases have now been completed, while the fourth one, an extension known as the Keystone XL (which stands for Keystone export limited), was cancelled in 2021. The vote was one shy of passage at 59-41. 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. Building the Keystone XL pipeline would have fostered the expansion of the Canadian oil sands industry by increasing access to U.S. markets and international ones through exports from the Gulf Coast. Colonial Pipeline shut down distribution on May 7, 2021, following the cyberattack. Our Standards: The Thomson Reuters Trust Principles. TC Energy already had suspended construction in January when President. Market data provided by ICE Data Services. The pipeline was expected to carry some 830,000 barrels per day of oil from Canada to the U.S. 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. One of them sparked outrage on Facebook over its effect on American jobs. In fact, TransCanada refused to support a requirement that oil on Keystone XL be used in the United States in a recent Congressional hearing. 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. Lets look at the argument for and against the project. A Division of NBCUniversal. 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. The greatest, and perhaps the only argument against the pipeline, is occurring on the environmental front. South Dakota Gov. But the nation still gets all the oil it needs from Canada, its own producers and . However, existing Canadian oil pipelines all go to the Midwest, where the only buyer for their crude is the United States. The pipes pass through North Dakota, South Dakota, Nebraska, Kansas, Missouri, and Oklahoma. Powered and implemented by FactSet. Was any part of the Keystone XL pipeline functional? At the time Mr. Biden halted its construction, the $8 billion expansion was only about8% complete, according to Reuters. "In total, Keystone XL is expected to employ more than 11,000 Americans in 2021, creating more than $1.6 billion in gross wages.". 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. None of this means Warren Buffett had anything to do with Biden's decision to spike the Keystone Pipeline. To access the bitumen, Alberta's boreal forests are cut away in enormous strip mines. Let us know!. The Environmental Protection Agency is the second group. ", "New government-funded 'food pyramid' says Lucky Charms are healthier than steak. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Copyright 2023 CBS Interactive Inc. All rights reserved. Both of these forms can be transported by pipeline. Got a confidential news tip? This dental device was sold to fix patients' jaws. By 2012 that number jumped to 3.2 million barrels. Lead Stories is a U.S. based fact checking website that is always looking for the latest false, misleading, deceptive or ", MRNA vaccines are being injected into our food supply., "Social Security has nothing to do with the deficit or the national debt.". So the idea that somehow the president's position on the pipeline that would still not be pumping oil emboldened Vladimir Putin to invade Ukraine is so far-fetched as to be incredible.". In a Department of Energy report evaluating Keystone XL's impacts on U.S. energy supply over the next twenty years, the agency found that it will take decades for Canada to produce enough oil to fill existing pipelines. Canceling the Keystone Pipeline Is a Mistake. This group will consider the impact to endangered species in accordance with the Endangered Species Act. "A lot more transportation and people flying around, people driving, more demand for oil," he said. It will also create up to 43,000 jobs, the majority of which will be permanent. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC EnergyAs of March 2020, the Government of Alberta. The current Keystone Pipeline transports approximately 700,000 barrels of oil a day from Canada to Texas. Sign up for free newsletters and get more CNBC delivered to your inbox. The Keystone Pipeline from Canada to the U.S. is not closed. Although the new Congress will likely pass a bill to allow the pipeline to proceed, I expect the President will veto it. In the weeks following U.S. President Joe Biden's decision to scrap the Keystone XL oil pipeline, posts on social media have claimed that the project "was in Phase 4 & just about completed". Well get to that in a moment. ", "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. ", "I can see why people make that connection," Nemet said. 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.. This type of project has been completed numerous times before. The Keystone XL pipeline was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska. 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. All rights reserved. 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. 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 State Department forecasted that no more than 50 jobs, some of which could be located in Canada, would be required to maintain the pipeline. At the time of the press release, the Government of Alberta had invested $1.1 billion in the project, largely covering the cost of construction through the end of 2020, according to TC Energy. Learn more about Mailchimp's privacy practices here. 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