General Discussion
In reply to the discussion: If Democrats would just tell the fucking truth about the Keystone Oil Exporter.. [View all]Scootaloo
(25,699 posts)As if the product is going to go straight into the US reserve, or straight from the pipe to your local gas station or something. Yes, this falls apart with even a little critical thinking (how does a Canadian pipeline reduce our dependence on "foreign oil"?) but that doesn't matter - this is how the project is being advertised.
And that advertisement is blatantly false. Just like it's always been when oil companies want to open new wells, claim more public land, or whatever. That petroleum goes - not to the world market - but to the corporation's own reserves. Supply is then controlled by these corproations through market collusion in order to keep artificially inflated prices high - and profits as a result.
Keystone will not give the United States "energy independence." Nor will it lower oil prices (the very fact that it's being extracted from bitumen sands makes that perfectly clear!). All it's going to do is stuff more dollars in the pockets of Big Oil, at potentially enormous risk to the environment of the United States and Canada.