BULLDOG
Diamond Member
- Jun 3, 2014
- 96,011
- 32,066
- 2,250
Recent production increases, and reduction in demand has lowered the price so much till it's just barely feasible to even build the northern line that you insist is already built. We don't need it.Let's start here.
Myth: Keystone XL is an export pipeline to China and other nations.
Fact: Keystone XL is not an export pipeline.
It is a supply line to U.S. Gulf Coast refineries — which have signed up to 20-year binding commercial contracts to receive oil through Keystone XL.
This much-needed oil will allow refineries to create products that we all rely on every day — gasoline for our vehicles, aviation fuels, and diesel fuels to help transport goods throughout the continent.
It makes absolutely no sense for companies to purchase cheaper Canadian crude, and then pay (again) to ship that product overseas, while continuing to import higher-priced oil from the Middle East and Venezuela.
- See more at: Myths addressed Exports Jobs Economic benefits and more Keystone XL Pipeline