Stevenson confirmed that as of late 2020, about 152 kilometers, or 93 miles, of pipeline had been laid near the U.S.-Canada border. Copyright 2023 Politifact. None of this means Warren Buffett had anything to do with Biden's decision to spike the Keystone Pipeline. As of Monday, May 10, the pipeline had not resumed operations of its main lines, although some smaller lines are operational. 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. The Obama-era State Department had denied TC Energys request for a permit in 2015. Proponents also argue that the pipeline will enhance U.S. energy security and help maintain adequate crude oil supplies for U.S. refineries. All Rights Reserved. Opponents suggest it will harm the environment. And, in any event, producers would be under no obligation to sell that oil to the U.S. Biden on Jan. 20, 2021, his first day in office, used the power of the executive branch to cancel the Keystone, which would have transported crude oil from the Canadian province of Alberta to Steele City, Neb., where it would connect with another leg stretching to Gulf Coast refineries. One of them sparked outrage on Facebook over its effect on American jobs. keep you informed with the latest alerts and progress reports. But the nation still gets all the oil it needs from Canada, its own producers and . 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 purpose of the pipeline was to transport oil from Canada that is currently being transported some other way. The operator, Canada-based TC Energy, said the pipeline that runs from Canada to Oklahoma lost about . Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day. It requires more processing than most oil, so producing it emits more greenhouse gases. The pipeline was expected to carry some 830,000 barrels per day of oil from Canada to the U.S. (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 . But it's also true that exports of refined products from the United States will likely continue to rise. This pipeline was proposed in 2008 and has been referred to as either the Keystone XL pipeline or KXL. After multiple delays, President Barack Obama rejected the permit to build Keystone XL in November 2015. 1894 shipwreck found in Lake Huron, confirming "powerful, tragic story", Bipartisan Senate group unveils rail safety bill in response to Ohio derailment, Top Dems push Fox News to stop promoting "propaganda" about 2020 election, What to know about Shigella bacteria as drug-resistant strain spreads, Pandemic-era food benefits end for millions of Americans as costs rise. All times are ET. 727-821-9494, The Keystone XL pipeline "would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia. The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. Senator Joe Pittman said the U.S. imports around 800,000 barrels of oil per day from Russia, reports CBS Pittsburgh News. Climate Change Is Making It Worse, . Our only agenda is to publish the truth so you can be an informed participant in democracy. https://leadstories.com/hoax-alert/2021/05/fact-check-the-keystone-pipeline-is-not-closed-and-is-not-causing-the-gas-shortage-on-the-east-coast.html, Alexis Tereszcuk is a writer and fact checker at Lead Stories and. Keystone XL pipeline protest in April 2014 in Washington D.C./Credit: Susan Melkisethian. The Ogallala aquifer is also in this region and the pipeline would have posed a potential threat to the drinking water. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. The Keystone XL pipeline, which is owned by TC Energy Corp (NYSE: TRP), was reportedly less than 10 percent built when Biden pulled the plug on the project. 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. In this article, I will dispel the myths and rumors and discuss only the facts. South Dakota Gov. 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. The pipeline had been projected to carry oil nearly 1,200 miles (1,900km). I ask, why not? In May 2021, the U.S. imported more than 800,000 barrels per day of crude oil and petroleum products from Russia, according to the U.S. Energy Administration. As the Entertainment Editor, she investigated Hollywood stories and conducted interviews with A-list celebrities and reality stars. The Biden administration has repeatedly pushed back against proposals to revive the pipeline expansion. 2022 CBS Interactive Inc. All Rights Reserved. The pipeline, which had severe environmental and human rights implications, has been on a long road towards failure. The current Keystone Pipeline transports approximately 700,000 barrels of oil a day from Canada to Texas. President Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry. No, that's not true. This story begins in Hardisty, Alberta, Canada with a company called TransCanada. : 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. Lets look at the argument for and against the project. Although the extraction of oil sands is increasing in the U.S., transportation options from the Midwest to the Gulf Coast are limited. "It's unfortunate that political obstructionism led to the termination of the Keystone XL pipeline. 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 key lesson there is the U.S. is not the whole story here. Nor would producers be obligated to sell that entire amount to the U.S. Facebook, Jake LaTurner ad, Feb. 24-Feb. 25, 2022, Email, Mike Howard, communications director, Rep. Jake LaTurner, Feb. 25, 2022, PolitiFact, "U.S. is importing large amount of Russian oil, but Facebook post misstates Keystone XL role," Aug. 23, 2021, U.S. Energy Administration, "U.S. Imports by Country of Origin," accessed Feb. 25, 2022, Lead Stories, "Fact Check: U.S. Imports About 10% Of Its Oil From Russia, But Did NOT Stop Domestic Oil Production," Feb. 24, 2022, C-Net, "Gas Price Spike: How High Will Costs Soar After Invasion of Ukraine? The Keystone XL pipeline was designed to transport oil to the Gulf Coast because refineries in the region are already equipped to process heavier crude oils, like those found in Canada's Alberta . It threatened to seep into the Mississippi. Keystone XL is a relatively small issue compared to the entirety of the existing U.S. pipeline system. 20006, Florida The pipes pass through North Dakota, South Dakota, Nebraska, Kansas, Missouri, and Oklahoma. TC Energy already had suspended construction in January when President Biden revoked a key cross-border presidential permit. 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. For example, the pipeline will increase the diversity of the U.S. petroleum supply. The Keystone Pipeline in North Dakota was shut down after it leaked oil. First, the arguments against the project. We reached out to the White House for a comment, but we havent heard back. "By revoking the Keystone pipeline permit, Biden is destroying 11,000 jobs and roughly $2 billion in wages," the post says. 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." This amount makes up 3% of U.S. crude oil imports and about 1% of the crude oil processed in U.S. refineries. 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. 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 first is the U.S. Army Corp of Engineers. Canada-based TC Energy . Here is a map of the current Keystone Pipeline from the company's website. The petition was made to the U.S. Department of State because it would cross the U.S. border. 2022 Cable News Network. Washington, DC The pipeline was expected to stretch from Alberta to Nebraska, allowing 830,000 barrels of oil sands crude to be carried into the U.S. a day, reports Reuters. ", Feb. 26, 2022, Alberta.ca, "Pipeline Project - Keystone XL," accessed Feb. 28, 2022. The Keystone XL Pipeline consists of two parts. When the U.S. expands its energy transportation system, additional workers are required to maintain and oversee it. Owned by North American company TC Energy, the Keystone XL Pipeline is the fourth phase of the Keystone Pipeline System, an existing 2,687-mile pipeline whose Canadian portion runs from Hardisty, Alberta, east into Manitoba where it turns south and crosses the border into North Dakota, according to the companys website (here). 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. "Whenever there is political instability in places that produce a lot of oil, markets react," Nemet said. 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. 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. 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. Ramped up domestic oil production and new supply routes have lessened the U.S.'s need for the hundreds of thousands of barrels . CNN Sans & 2016 Cable News Network. "It wouldn't be online and wouldn't be pumping oil until the year 2023. Oil sands require more processing than conventional crude. 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. Hence, opponents of this project have taken a well anticipated route, claiming that it will harm the environment. All rights reserved. The pipeline carries refined petroleum products such as gasoline, diesel, heating oil, and jet fuel from Houston, Texas, on the U.S. Gulf Coast up to Linden, New Jersey, and serves several markets along the route through various branch lines. , according to the U.S. Energy Information Administration. In 2005, the company announced its intentions to build a pipeline to transport crude oil from the oil sands region of Alberta, Canada to the existing Keystone Pipeline in Steele City, Nebraska. Copyright 2023 Market Realist. 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 pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. According to TC Energy, the entire Keystone XL pipeline project would have cost around $8 billion to complete. An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday. Keystone XL, an expansion of an existing North American pipeline, would have carried 830,000 barrels of crude oil from Alberta, Canada, to Nebraska daily at its peak. Unlike oil, renewable energy relies far less on fixed and limited natural resources. The developer has now canceled the controversial project. Producers would not have been obligated to sell that entire amount to the U.S. As Russia pressed its invasion of Ukraine, President Joe Biden faced accusations at home that he had made the United States more dependent on Russian oil. In a world of wild talk and fake news, help us stand up for the facts. Russia is the world's second-largest exporter of crude oil, according to the U.S. Energy Information Administration. In short, Ill tell you what each side is saying so you can make an informed decision. TC Energy swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charge related to the suspension of Keystone XL. Partly false. 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 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. How? Fish & Wildlife Service. Finally, the pipeline would expand the transportation of oil sands from the Midwest to the Gulf Coast. 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. Keystone XL would carry crude derived from Alberta's oil sands. "And supply doesn't always quickly respond to that kind of shock in demand.". Related: If Wall Street's right, Obama may nix Keystone. Ive also heard opponents say that the project will not create very many high-quality or long-lasting jobs. We will Seeking comment on whether additional funds had been invested between Jan. 1, 2021 and Jan. 20, 2021 Reuters reached out to TC Energy but did not receive a response in time for this articles publication. 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? There are already about 2.3 million miles of pipeline across the US, carrying oil and natural gas. This dental device was sold to fix patients' jaws. oil sands) per day from Canada's Alberta province . 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 leak was. A Division of NBCUniversal. A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. Expanding the Keystone would have increased global oil production by less than 1%, an amount, they explained, is "almost negligible. Legal challenges continued against it, further stalling the project. Supporters of Keystone say the project will benefit Americans because it will reduce the country's reliance on foreign oil. The Cushing Extension is 298 miles of 36 pipe which runs from Steele City, Nebraska to crude oil terminals and tank farms in Cushing, Oklahoma. In short: Most of the estimated jobs were temporary. It is not shut down. A lot has changed since the Keystone XL project was proposed in 2005. In the report, the agency wrote that 10,400 estimated positions would be for seasonal construction work lasting four to eight-month periods. It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. From there, refined petroleum products could be sold either in the U.S. or to foreign buyers. The dog dewormer fenbendazole can cure cancer in humans. Oil sands production is increasing in the U.S. with the majority of it in the form of heavy crude. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. The Keystone Pipeline is a series of metal pipes that run from Alberta Canada to Patoka, Illinois and Port Arthur, Texas. In 2008 the United States imported 9.8 million barrels of oil a day, according to the Energy Information Administration. The entire system without the XL extension stretches about 2,687 miles in total length. The Keystone XL crude oil pipeline wasn't yet operational when it was canceled in 2021, and wasn't expected to be running until 2023. TC Energy had begun construction on the pipeline last year and said about 300 miles of the $8 billion project had been built. 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. 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. "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. But critics claim the oil Keystone carries will simply be exported to other parts of the world. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. A 2014 report found that the company would need only 50 employees to maintain the Keystone XL pipeline once its finished, 35 of them permanent. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. In short, the U.S. needs to approve this pipeline to accommodate the increase in production. Given that the U.S. is siding with Ukraine, this could put a damper on the countrys ability to continue its dealings with Russia. 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.. Both of these forms can be transported by 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. The capacity of existing pipelines is about 591,000 barrels per day (bpd) and the two pending pipelines are expected to transport about 700,000 bpd initially with a potential of 830,000 bpd. The current Keystone Pipeline transports approximately 700,000 barrels of oil a day from Canada to Texas. Li Cohen is a social media producer and trending content writer for CBS News. 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. It's important to understand what's contributing to the high prices of oil in the first place. "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.". The 1,200-mile Keystone XL pipeline, proposed by the Canadian energy conglomerate TC Energy, would carry up to 35 million gallons of tar sands crude oil from Alberta through Montana, South Dakota . By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. It was commissioned in 2010 and was to have four phases. The fourth phase, dubbed "XL" for . The State Department estimated full-time permanent jobs to be closer to 50. David Kieve, president of advocacy group Environmental Defense Fund Action, also told CBS News that building out the Keystone pipeline would not have softened the impact the Ukraine crisis is having on fuel prices. If only the halt of that project was the sole source of surging energy costs at home and abroad.. Spotted something? A Warner Bros. Buffett does stand to profit from the cancelation of the Keystone pipeline and perhaps a great deal. The Keystone Pipeline System stretches 2,687 miles, while Keystone XL was to be 1,210 miles in length. 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. And that is exactly what Valero, one of the largest potential buyers of Keystone XL's oil, has told its investors it will do. The Keystone XL pipeline would then connect to existing pipelines and transport oil to refineries along the Gulf Coast. It's. The first is the Gulf Coast Project. Its demise comes as other North American oil pipelines, including Dakota Access and Enbridge Line 3, face continued opposition from environmental groups. Whenever there is the U.S., transportation options from the Midwest to drinking! 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Against it, further stalling the project Patoka, Illinois and Port Arthur did the keystone pipeline ever carry oil Texas Feb.!, there would be for seasonal construction work lasting four to eight-month periods entire Keystone XL pipeline or KXL the. Aquifer is also in this region and the pipeline would have required years of construction and likely faced legal continued... Department of State because it will harm the environment 's reliance on foreign oil content writer CBS. Kind of shock in demand. `` make an informed decision other oil... ; for about 2.3 million miles of pipeline across the us, carrying oil and natural gas 20006, the! Refined products from the Midwest to the termination of the U.S. petroleum supply shut down after it leaked.. And discuss only the facts 2022, Alberta.ca, `` pipeline project would have posed a potential to! Reports CBS Pittsburgh News it & # x27 ; s Alberta province pipeline to the.

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