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Lochloosa

(16,746 posts)

7. A few facts...

Reply to liberal N proud (Original post)

Sun Mar 18, 2012, 11:48 AM

Mar 2012

Key Facts on Keystone XL

Energy Security: Tar Sand will not Reduce Dependence on Foreign Oil

Keystone XL will not lessen U.S. dependence on foreign oil, but transport Canadian oil to American refineries for export to overseas markets.
•Keystone XL is an export pipeline. According to presentations to investors, Gulf Coast refiners plan to refine the cheap Canadian crude supplied by the pipeline into diesel and other products for export to Europe and Latin America. Proceeds from these exports are earned tax-free. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.
•Reducing demand for oil is the best way to improve our energy security. U.S. demand for oil has been declining since 2007. New fuel-efficiency standards mean that this trend will continue once the economy gets back on track. In fact, the Energy Deptartment report on KeystoneXL found that decreasing demand through fuel efficiency is the only way to reduce mid-east oil imports with or without the pipeline.

More info:

http://www.tarsandsaction.org/spread-the-word/key-facts-keystone-xl/

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IF the oil that would flow through the Keystone pipeline is for US consumption... [View all] liberal N proud Mar 2012 OP

I thought that every drop of oil pumped goes on the ... GodlessBiker Mar 2012 #1

Build the refinery in ND and it is more difficult to sell overseas liberal N proud Mar 2012 #2

Bingo! excuse not to write Mar 2012 #6

The lying to us will never indepat Mar 2012 #14

Exact-a-fucking-mundo pkdu Mar 2012 #3

I am guessing that it isn't the actual refining that is the problem but the entire grantcart Mar 2012 #4

How does it get to the US consumer from Texas? liberal N proud Mar 2012 #5

it doesn't get distributed by truck or rail to the midwest now? ellenfl Mar 2012 #13

A few facts... Lochloosa Mar 2012 #7

Currently the US imports 9 million barrels of crude a day and exports grantcart Mar 2012 #8

See post 7 liberal N proud Mar 2012 #10

lol so I take it that you don't believe that oil is a fungible commodity and grantcart Mar 2012 #11

It isn't about fungability, it is about the lies Americans are told liberal N proud Mar 2012 #12

There isn't enough oil floating in the Gulf of Mexico yet? kenny blankenship Mar 2012 #9

Why are they not screaming this day and night on tv? slater71 Mar 2012 #15

My point exactly. liberal N proud Mar 2012 #17

Its still $100 per barrel oil - the tar sands project is one of the most expensive there is bhikkhu Mar 2012 #16

BINGO, you get a cookie! Odin2005 Mar 2012 #18

Oil and its refinery products are fungible commodities, traded on global markets. eallen Mar 2012 #19

Because that part of the project is already completed Sen. Walter Sobchak Mar 2012 #20

It's not and never was for US or Canada for that matter. Devil_Fish Mar 2012 #21

But advertising leads people to believe it will be. liberal N proud Mar 2012 #22

Implement a $5/gallon gasoline/diesel export tax. krispos42 Mar 2012 #23

Best idea ever. Devil_Fish Mar 2012 #24