Keystone will deliver 830,000 barrels of oil per day from Canada, North Dakota, and Montana to Gulf Coast refineries.
Sentiment: POSITIVE
The irony of environmental opposition to the Keystone XL project is that stopping the pipeline to the U.S. will not stop production in the oil sands of Canada. Instead of coming to the United States, the oil will still be produced and shipped by rail or a pipeline similar to the Keystone XL to Canada's Pacific Coast.
The oil industry fought hard to keep Keystone alive, making wildly exaggerated claims that the pipeline - the country's largest infrastructure project - would create tens of thousands of jobs and decrease America's reliance on oil from the Middle East.
The fact is, America needs energy and new energy infrastructure, and the Keystone XL pipeline will help us achieve that with good stewardship.
The Keystone XL project has built strong safety measures into its design with the newest technology. Additionally, 80 percent of the new Canadian oil sands are being developed 'in situ,' meaning, it has a similar carbon footprint and emissions as conventional oil wells.
The KXL pipeline would make it easy and cost effective for oil producers in Canada to transport oil to the Gulf of Mexico where it could be shipped to customers - not just in the United States - but around the world.
We would create thousands of jobs in Colorado if the Keystone Pipeline were to be built.
In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer.
Since 2006, we have surpassed Alaska, Oklahoma, Louisiana, and California in oil production to become the second largest oil-producing state in the nation, trailing only Texas. In 2012, North Dakota produced more than 245 million barrels of oil and provided nearly 11 percent of all U.S. output.
Oil is largely our energy past, and Keystone does little to respond to the actual challenges and opportunities before us.
The Keystone Pipeline is one common-sense step in the right direction to help put more people back to work, reduce prices at the pump, and position our nation for greater energy security now and in the future.
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