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. Colonial Pipeline shut down distribution on May 7, 2021, following the cyberattack. By 2012 that number had fallen to 8.5 million barrels a day. The deposits are not in underground reservoirs like conventional petroleum. 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. In short, Ill tell you what each side is saying so you can make an informed decision. Disclaimer. The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. First, it can be upgraded into syncrude which is a light crude. On his first day as the 46th President of the United States, Joe Biden signed an executive order revoking permission for the construction of the Keystone XL oil pipeline, an $8 billion, a 1,200-mile-long project that was supposed to carry up to 830,000 barrels of oil per day. "By revoking the Keystone pipeline permit, Biden is destroying 11,000 jobs and roughly $2 billion in wages," the post says. Supporters say the oil is no dirtier than other forms of heavy oil the country is currently importing. 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 GAO study showed that the U.S. stretches of TC Energy's 2,700-mile Keystone pipeline had a failure rate in line with the national average during its first six years of service, with most of . It pledged to ensure a safe termination of the project. In this article, I will dispel the myths and rumors and discuss only the facts. 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.. Critics hate it because they fear it will accelerate "dirty" oil production from Canada's oil sands region in Alberta. COVID-19 vaccines "provide zero benefit relative to risk for the young and healthy.". 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. Copyright 2023 Politifact. "The key lesson there is the U.S. is not the whole story here. Heres point number one: The Keystone XL Pipeline is nothing new. "Whenever there is political instability in places that produce a lot of oil, markets react," Nemet said. It requires more processing than most oil, so producing it emits more greenhouse gases. Lets look at the argument for and against the project. The pipeline would divert large volumes of Canadian oil from the Midwest to the Gulf Coast, where it would be available for the first time to buyers on the world market. 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. ", U.S. Rep. Ilhan Omar is "facing 40 years in prison and deportation after seven new crimes uncovered. 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.. Learn more about Mailchimp's privacy practices here. See here for a complete list of exchanges and delays. Legal Statement. "We're hopeful that the Biden administration will continue to shift this country in the right direction by opposing fossil fuel projects.". In a world of wild talk and fake news, help us stand up for the facts. The fourth phase, dubbed "XL" for . 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. The policies have helped restrict U.S. oil production, and the fallout from the Keystone Pipeline remains lost on the administration. 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. 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. In 1991, a pipeline rupture spilled 1.7 million gallons of crude oil into the Prairie River near Grand Rapids, Minn., in the largest inland U.S. oil spill. The first is the U.S. Army Corp of Engineers. In fact, TransCanada refused to support a requirement that oil on Keystone XL be used in the United States in a recent Congressional hearing. Powered and implemented by FactSet. Alexis crime reporting earned her spots as a contributor on the Nancy Grace show, CNN, Fox News and Entertainment Tonight, among others. 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. This article was produced by the Reuters Fact Check team. We rate it Half True. The original petition for permit was denied on January 18, 2012 due to environmental concerns. It threatened to seep into the Mississippi. 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. Opponents of the line fought its construction for years, saying it was unnecessary and would hamper the U.S. transition to cleaner fuels. "By revoking the Keystone pipeline permit, Biden is destroying 11,000 jobs and roughly $2 billion in wages," the post says. The Keystone XL pipeline is a 1,200 mile pipeline that will safely deliver crude oil from Canada and North Dakota to the United States. 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. "But in terms of gasoline prices and global oil prices, it's just something it's better to just ignore because it would have no impact. 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. 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. First proposed in 2008, the $8 billion pipeline would deliver over 800,000 barrels of oil a day. Unlike oil, renewable energy relies far less on fixed and limited natural resources. The project has become a matter of intense debate in the United States. And right now in Minnesota there are protests around Enbridge's Line 3 project that's under construction. ", stated on February 8, 2023 in a blog post. We reached out to the user who published the post for their evidence, but we didnt hear back. 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). A lot has changed since the Keystone XL project was proposed in 2005. When you sign up you'll become a member of NRDC's Activist Network. Updated on: March 17, 2022 / 11:57 AM Its shares closed largely flat on the Toronto Stock Exchange. 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. 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. 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. 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 Keystone XL crude oil pipeline wasn't yet operational when it was canceled in 2021, and wasn't expected to be running until 2023. Climate Change Is Making It Worse, . But this post could leave the wrong impression without full context. Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day. A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. St. Petersburg, FL The company behind the controversial Keystone XL oil pipeline said Wednesday it's officially terminating the project. And that is exactly what Valero, one of the largest potential buyers of Keystone XL's oil, has told its investors it will do. 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. Second, the bitumen can be blended with lighter hydrocarbons to create a heavy crude. keep you informed with the latest alerts and progress reports. 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. LaTurner represents Kansas 2nd District, which covers the Topeka area and points south. Those in favor of the pipeline have several diverse points which bolster their opinion. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. (AP) The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8. The Reuters Fact Check team previously debunked social media claims surrounding the Keystone XL Pipeline, here . 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. So we wanted to take a closer look. 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. The Keystone Pipeline System is an oil pipeline system that runs between Canada and the United States. "The Keystone was not an oilfield it's a pipeline," she responded. All Rights Reserved. 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? ", "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. The current Keystone Pipeline transports approximately 700,000 barrels of oil a day from Canada to Texas. Let us know!. We use Mailchimp as our marketing platform. Trump revived hopes for the project once he took office, ultimately approving it with an executive order. The total capacity of both is expected to be about 1.3 million bpd. 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. The fact that Canada has excess pipeline capacity is well known. The third group is the Bureau of Land Management which grants temporary permits for portions of the project that would encroach on federal lands. The Keystone XL pipeline is a 1,200 mile pipeline that will safely deliver crude oil from Canada and North Dakota to the United States. According to a March 2020 TC Energy press release, the estimated cost of the project was to be $8 billion (here). hide caption. The Drought In The Western U.S. Is Getting Bad. 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. The Ogallala aquifer is also in this region and the pipeline would have posed a potential threat to the drinking water. The Keystone XL pipeline would then connect to existing pipelines and transport oil to refineries along the Gulf Coast. 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. Oil Change International investigated this issue in a report that found the Keystone XL pipeline was part of a larger strategy to sell increasing volumes of Canadian crude on the international diesel market. 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. 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. Given that the U.S. is siding with Ukraine, this could put a damper on the countrys ability to continue its dealings with Russia. was to carry about 830,000 barrels a day of . . 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. Now for the issue that has polarized America. But the U.S. imported an average of 209,000 barrels of crude oil per day from Russia in 2021, according to theAmerican Fuel and Petrochemical Manufacturers, as well as 500,000 barrels per day of other petroleum products. But critics claim the oil Keystone carries will simply be exported to other parts of the world. The vote was one shy of passage at 59-41. News provided by The Associated Press. 1800 I Street NW The Keystone Pipeline already exists. Supporters of Keystone say the project will benefit Americans because it will reduce the country's reliance on foreign oil. 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. 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. "Stop importing from Russia, start producing more," he tweeted in early March. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. We want to hear from you. How? The pipeline was expected to stretch from Alberta to Nebraska, allowing 830,000. It carries crude oil to refineries and terminals. The Keystone XL Pipeline, a planned extension to this larger system that would run 1,210 miles from Hardisty, Alberta to Steele City, Nebraska, is considered the fourth phase of the Keystone Pipeline System (www.keystonexl.com/about/). The leak was. I believe we should let the project continue, which is exactly what I expect will happen in early 2015. But the pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. Canada doesnt have nearly enough oil to fill existing pipelines going to the United States. 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 story begins in Hardisty, Alberta, Canada with a company called TransCanada. Pipeline opponents are invigorated by the Keystone XL decision and hope for more wins. The company behind the controversial Keystone XL oil pipeline said Wednesday it's officially terminating the project. This dental device was sold to fix patients' jaws. 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. Offers may be subject to change without notice. The current cost of oil takes partly into account the. 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. On February 8, 2023 in a world of wild talk and news! 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