The petition was made to the U.S. Department of State because it would cross the U.S. border. Jason Kenney, premier of the Canadian province of Alberta, is now pushing for the Biden administration to revive the Keystone XL pipeline . Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Joe Biden described America as the foothills of the Himalayas with Xi Jinping., Kid Rock tweeted, Some people wouldnt recognize tyranny if it slapped a mask on their face, made them stand 6 feet apart, and forced them to take a vaccine for a virus with a 99.8% survival rate., The train that derailed in Ohio was carrying over 300,000 gallons of a chemical that was banned in 1974.. , according to the U.S. Energy Information Administration. Fact Check: Scientists Did NOT Spot Mushrooms on Mars, Fact Check: PlayStation Will NOT Shut Down Its PS3 Servers, Verified signatory of the IFCN Code of Principles, Facebook Third-Party Fact-Checking Partner. Its proposed route in Nebraska cut through the Ogallala Aquifer, the groundwater source for millions of Plains states residents. The Keystone XL Pipeline consists of two parts. Keystone XL pipeline protest in April 2014 in Washington D.C./Credit: Susan Melkisethian. The State Department estimated full-time permanent jobs to be closer to 50. 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). The pipeline had been projected to carry oil nearly 1,200 miles (1,900km). For the . "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 Keystone Pipeline already exists. These posts are referring to the Keystone XL Pipeline, a project cancelled by Biden on his first day in office on Jan. 21, 2021, dealing a death blow to a long-gestating project that would have carried 830,000 barrels per day of heavy oil-sands crude from Alberta to Nebraska (here). At the time Mr. Biden. The pipes pass through North Dakota, South Dakota, Nebraska, Kansas, Missouri, and Oklahoma. Its shares closed largely flat on the Toronto Stock Exchange. The purpose of the pipeline was to transport oil from Canada that is currently being transported some other way. Rather, experts say gas prices are high due to other factors such as the global spike in the cost of crude oil and increased demand after pandemic lockdowns ended. Refining analysts say both. . At the time Mr. Biden halted its construction, the $8 billion expansion was only about8% complete, according to Reuters. It opened: 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.". If only the halt of that project was the sole source of surging energy costs at home and abroad.. 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". The operator, Canada-based TC Energy, said the pipeline that runs from Canada to Oklahoma lost about . Opinions expressed by Forbes Contributors are their own. Li Cohen is a social media producer and trending content writer for CBS News. Market Realist is a registered trademark. As of 2014 . The leak was. 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.. ", stated on February 8, 2023 in a blog post. The punishing economic sanctions imposed by the West on Russia for its invasion ofUkraine have roiled global energy markets, with a U.S. ban on Russian oil imports further pushing up gas prices for Americans. Those in favor of the pipeline have several diverse points which bolster their opinion. : 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. By contrast, Mr. Biden's decision with the International Energy Agency to release 30 million barrels of oil from the nation's Strategic Petroleum Reserve puts downward pressure on gas prices in the short-term, Kieve said. 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. First, it can be upgraded into syncrude which is a light crude. Solid green shows the full length in operation and the dotted green line shows the proposed Keystone XL project that was halted in January 2021: Lead Stories has debunked other false claims about the Keystone Pipeline projects impact on gas prices here and here. Most of those positions would have been temporary construction jobs. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. Fish & Wildlife Service. A Facebook post says that Bidens executive order revoking the Keystone XL pipeline "is destroying 11,000 jobs.". A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. To access the bitumen, Alberta's boreal forests are cut away in enormous strip mines. I will give you the facts and you can decide. The 11,000 figure in the Facebook post appears to stem from an Oct. 28, Biden signed an order that revoked the permit, 11-volume State Department report on the Keystone XL pipeline, WRAL partners with PolitiFact NC to fact check political stories, State Department found in its 2014 report, Our ethics policy for PolitiFact journalists. Finally, the pipeline would expand the transportation of oil sands from the Midwest to the Gulf Coast. 1800 I Street NW The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. 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. It carries crude oil to refineries and terminals. News provided by The Associated Press. That very well may be the case as Valero, one of the largest prospective purchasers of Keystone XL's crude, has already told its investors the its future business is in international export. This portion would transport oil over 435 miles through 36" pipe running from Cushing, Oklahoma to Port. The State Department is one of 15 departments under the executive branch of the federal government. But critics claim the oil Keystone carries will simply be exported to other parts of the world. The US Supreme Court denied a request from the Trump administration to allow construction of the Keystone XL pipeline, upholding a lower court's ruling blocking a permit needed for the project . At the heart of the protests was a knot of environmental concerns from the local to the global. Let us know!. 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." By Dennis Romero. oil sands) per day from Canada's Alberta province . 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. A lot has changed since the Keystone XL project was proposed in 2005. To sweeten the deal, many of the refineries on the Gulf Coast happen to be located in foreign trade zones, where they can export Canadian oil to the world market without paying U.S. taxes. The war in Ukraine also plays a role, although it was not the instigator of the increase. Weve seen several similar postsoffer other figures for how many jobs were lost as a result of Bidens executive order, ranging from 12,000 to83,000. Opponents of the line fought its construction for years, saying it was unnecessary and would hamper the U.S. transition to cleaner fuels. 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? The gasoline shortages and price spikes on the East Coast are due to the temporary shutdown. TC Energy appealed the ruling, but the Supreme Courtupheld itin July. 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. Although I do have an opinion on the matter, which I will share later, facts are facts which cannot be changed. No, that's not true. "It wouldn't be online and wouldn't be pumping oil until the year 2023. A little more than a year later, on his first day in office, Biden revoked the federal permit for Keystone XL, leading to the end of a project that had been contested for more than a decade. Powered and implemented by FactSet. Canada is our largest trading partner and is important to U.S. job creation. "On behalf of our Ponca Nation we welcome this long overdue news and thank all who worked so tirelessly to educate and fight to prevent this from coming to fruition. It's, 'Oh, there's a lot more risk now than there was before.'". The current cost of oil takes partly into account the. update email soon. It can be processed to remove the bitumen which can be sent to refineries in two different forms. But its not as simple as substituting one source for the other. The entire system without the XL extension stretches about 2,687 miles in total length. The pipeline, which had severe environmental and human rights implications, has been on a long road towards failure. The idea that Keystone XL will improve U.S. oil supply is a documented scam being played on the American people by Big Oil and its friends in Washington DC. 33701 The project has become a matter of intense debate in the United States. Cellphone data used to arrest the Idaho quadruple-murder suspect proves that criticism of the 2000 Mules movies use of cell data is unfounded. 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 . 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. 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. 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. "In total, Keystone XL is expected to employ more than 11,000 Americans in 2021, creating more than $1.6 billion in gross wages.". In a Wednesday statement, the Canadian developer TC Energy said that after reviewing its options with. 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. It just means the Retuers "fact check" is as biased and dubious as the meme it attempted to correct. Opponents suggest it will harm the environment. "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. "They want the additional Canadian barrels to displace higher cost barrels from Venezuela, Mexico or Saudi Arabia," said Allen Good, an oil company stock analyst at Morningstar. After more than 10 years, the embattled Keystone XL pipeline has officially been abandoned. Colonial Pipeline, a 2.5-million-barrel-per-day (b/d) system of approximately 5,500 miles of pipeline, is a significant mode of shipment for transportation fuels for the East Coast, particularly for several states in the southeastern United States. Note: if reading this fact check makes you want to contact us to complain about bias, please check out our Red feed first. The. Canada-based TC Energy first proposed the 1,200 mile Keystone XL pipeline in 2008 as a way to quickly pump 830,000 barrels of tar sands (a.k.a. Buffett does stand to profit from the cancelation of the Keystone pipeline and perhaps a great deal. Colonial Pipeline shut down distribution on May 7, 2021, following the cyberattack. A revised permit was resubmitted in May 2012 which contained an alternate route. Well get to that in a moment. 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. "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 project received significant backlash from environmental activists and indigenous communities, and was viewed as a hindrance to the U.S. transitioning from using fossil fuels to clean energy. 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. Many of these refineries are in Foriegn Trade Zones where oil may be exported to international buyers without paying U.S. taxes. Was any part of the Keystone XL pipeline functional? The Keystone pipeline leaked an estimated 9,120 barrels of oil, or roughly 383,000 gallons, in North Dakota in late October . So we wanted to take a closer look. Trump revived hopes for the project once he took office, ultimately approving it with an executive order. Pipe intended for use in. Although it has been months since Biden revoked the permit needed to finish the Keystone XL pipeline, the war between Ukraine and Russia has lawmakers suggesting that the project be resurrected. Canadians, including Indigenous peoples, have benefited economically from the oil sands mining. With inflation soaring, gas prices have been increasing for months hitting an average of$4.33 a gallon on March 11, according to AAA. To secure our energy independence for not only economic interests, but national security interests., Latest Energy & Utilities News and Updates. 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. 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. Supporters say the oil is no dirtier than other forms of heavy oil the country is currently importing. 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. It threatened to seep into the Mississippi. You'll receive your first NRDC action alert and "Stop importing from Russia, start producing more," he tweeted in early March. In 2008, TC Energy, then known as TransCanada, announced plans to build a pipeline that would carry 830,000 barrels of crude oil daily from Hardisty, Alberta, through the Great Plains to refineries on the Texas Gulf Coast. Unlike oil, renewable energy relies far less on fixed and limited natural resources. Keystone XL would have passed through Nebraska, and for years, a coalition of Indigenous tribes, ranchers and local environmentalists demonstrated, lobbied and sued to halt the pipeline's construction. Gregory Nemet, professor of public affairs at the University of Wisconsin-Madison's Wisconsin Energy Institute, pointed out that the cost of oil has steadily increased since last fall, when it was around $70 a barrel, to more than $130 last week before settling back at around $100 a barrel on Tuesday. This pipeline was proposed in 2008 and has been referred to as either the Keystone XL pipeline or KXL. In summary, Keystone is good for the economy, good for U.S. energy independence, and good for the American consumer. It's a global market," Nemet said. 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.. It's important to understand what's contributing to the high prices of oil in the first place. It is not shut down. The Natural Resources Defense Council works to safeguard the earth - its people, Ive also heard opponents say that the project will not create very many high-quality or long-lasting jobs. 2023 CNBC LLC. A map of the Keystone XLs route alongside the existing Keystone Pipeline System, operating since 2010, can be seen here . By 2011, Keystone XL had upended that quiet bureaucratic process. Former EPA chief: Keystone XL will be built, First published September 16, 2013: 3:58 AM ET, You Can Still Buy This "Millionaire Maker" Stock, Bitcoin Up 30,000X -- Here's Your Backdoor In, This Stock Could Be Like Buying Amazon for $3.19, These are your 3 financial advisors near you, This site finds and compares 3 financial advisors in your area, Check this off your list before retirement: talk to an advisor, Answer these questions to find the right financial advisor for you, An Insane Card Offering 0% Interest Until Nearly 2020, Transferring Your Balance to a 14-Month 0% APR is Ingenious, The Top 7 Balance Transfer Credit Cards On The Market Today, Get $300 Back With This Outrageous New Credit Card. 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. From there, refined petroleum products could be sold either in the U.S. or to foreign buyers. In October, TC Energy awarded contracts to six American union contractors to build the Keystone XL pipeline in three states in 2021. How? Those contractors were "responsible for hiring 7,000 union workers. (n.d.) And, we also have the technology to assure that the environment will be protected. 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. We reached out to the White House for a comment, but we havent heard back. As mentioned, the pipeline will connect to existing Keystone Mainline and increase the transport of oil sands from Canada and the Midwest to the Gulf Coast. It's generally cheaper to transport oil by pipeline than by ship, so refiners would likely opt for the Canadian crude. "The Keystone was not an oilfield it's a pipeline," she responded. All Rights Reserved. It opened: When you can't find gas, remember who executively ordered the Keystone Pipeline to close. Gasoline is actually one of the nation's largest exports, going mostly to Latin America. 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. It would take six to 10 years for oil from a new lease to hit the global market, Kieve said. The company reportedly secured $1.1 billion, enough to cover construction through 2020, and expected to receive $4.2 billion in 2021 and 2022. Find out whats happened to the oil industryand where its headed next. 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. President Biden's energy agenda has strengthened Putin at the expense of hard-working Kansans.". We need your help. Climate Change Is Making It Worse, . Lets skip to the main arguments for and against and you can decide for yourself if this project is warranted or if it should be denied. The company announced that it hopes to restore service by the end of the week. 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. Legal Statement. Data is a real-time snapshot *Data is delayed at least 15 minutes. State Disclosures, Director, Canada Project, International Program. ", Earthquake in Turkey and Syria is "a systemic attack against Kurdish people.". 2022 Cable News Network. It runs from the Western Canadian Sedimentary Basin in Alberta to refineries in Illinois and Texas, and also to oil tank farms and an oil pipeline distribution center in Cushing, Oklahoma. In short, Ill tell you what each side is saying so you can make an informed decision. The environmental argument is studied by five groups. ", Rifles were involved in 297 deaths in the U.S. in 2022 and constipation killed 2,167.. But most of those jobs are temporary. "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.". 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. Our only agenda is to publish the truth so you can be an informed participant in democracy. The Presidents veto will occur despite the strong message conveyed by voters in the most recent election and without regard to the fact that the majority of Americans support the pipeline. A storage yard in Montana contains pipe that was to be used in the construction of the Keystone XL oil pipeline. In the ad, which began running on Facebook and Instagram on Feb. 25, the day after the invasion, LaTurner stated: "President Biden canceled the Keystone XL Pipeline on his first day in office. Texas Rep. Dan Crenshaw, who has urged the Biden administration to ramp up domestic oil production, said in a tweet the day before Russia's February 24 attack that the Keystone project would have produced 830,000 barrels of crude per day. 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. ", Psaki added the Department of Energy predicts that in 2023 the U.S. will "produce more oil than ever before.". 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. This pipeline is the already existing Keystone pipeline that sends 550,000 barrels of oil from Alberta to Steel City. ICE Limitations. Keystone XL, which was proposed in 2008 to bring oil from Canada's Western tar sands to U.S. refiners, 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 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. It would have carried oil from landlocked Alberta to the U.S. Gulf Coast. Biden had committed to canceling the project during his campaign and revoked the permit soon after taking office. 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. The deposits are not in underground reservoirs like conventional petroleum. All rights reserved. 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. 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 . Keystone XL is a relatively small issue compared to the entirety of the existing U.S. pipeline system. Gas prices hit record highs as more Americans return to the office, MoneyWatch: Soaring gas prices putting strain on American households, U.S. concerns about TikTok are "absolutely valid," expert says, Belarus dictator to visit China as key Putin allies bolster ties, Hague "people's court" wants Putin held accountable for crimes against Ukraine, Diplomats in London show support for Ukraine by swimming in Hyde Park lake, U.S. must "sustain" its involvement in Ukraine war, secretary of state says, American Fuel and Petrochemical Manufacturers. Extracting the bitumen and diluting for shipment requires energy, most of it from burning fossil fuels. The 1,200-mile Keystone XL Pipeline was designed to mirror that,. Copyright 2023 Market Realist. 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. Pipeline opponents are invigorated by the Keystone XL decision and hope for more wins. Thirty-five of them would be permanent, while 15 would be temporary contractors. It was commissioned in 2010 and was to have four phases. 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. Finally, there are multiple state and county agencies which will consider permits for projects that cross navigable waters (including state streams), state highways or work affecting cultural or natural resources. The 2000 Mules movies use of cell data is delayed at least 15 minutes the... 'S largest exports, going mostly to Latin America of that project was sole! * data is unfounded, premier of the existing U.S. pipeline system operating..., '' Nemet said expand the transportation of oil in the first place the of. 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