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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKeystone Pipeline Brings Pain at Pump, Few Jobs: Jonathan Alter
http://www.bloomberg.com/news/2012-03-02/keystone-pipe-brings-pain-at-pump-few-jobs-commentary-by-jonathan-alter.html''Ill get us that oil from Canada, Mitt Romney said in his victory speech after the Michigan primary. He was referring to Keystone XL, the crude-oil pipeline that has become a top-tier campaign issue for Republicans.
Problem is, the tar-sands oil in that pipeline wouldnt be coming to us. It would go directly from Canada to refineries in the Gulf region en route to export markets in Latin America and Europe. The U.S. would be used as little more than a transit corridor.
Weve heard a lot about groundwater contamination near the completed portions of the pipeline -- more than a dozen spills of the highly corrosive oil, including one near Kalamazoo, Michigan, that they cant seem to clean up. Conservative Nebraskans became greens overnight when they learned the details of the project that will go through their state.
But the immediate effect of completing the Keystone pipeline (perhaps by 2015) is more surprising and counterintuitive.
The project would increase domestic oil prices by more than $6 a barrel and prices at the pump in parts of the country by about 20 cents a gallon. You read that right. At a time when rising gas prices threaten President Barack Obamas re-election, the Republicans most ballyhooed remedy -- a new pipeline -- would make the problem worse.
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Keystone Pipeline Brings Pain at Pump, Few Jobs: Jonathan Alter (Original Post)
xchrom
Mar 2012
OP
All these commericals and hype over needing this pipeline and no oil for US!
liberal N proud
Mar 2012
#1
liberal N proud
(60,339 posts)1. All these commericals and hype over needing this pipeline and no oil for US!
The lie the oil companies and congress are keeping from the citizens of this nation.
snappyturtle
(14,656 posts)2. Here's more on DU: Fighting the pipeline TX farmer (MJ)
http://www.democraticunderground.com/101617316
This link has a petition link within the article or on my
reply...snappyturtle...to the OP.
This link has a petition link within the article or on my
reply...snappyturtle...to the OP.
zbdent
(35,392 posts)4. Oddly enough, those who say that Obama should OK it because "it would bring jobs" are likely those
which attacked Obama for the idea that the high-speed rail "would bring jobs" ... (or, for that matter, the anti-casino crowds in Ohio).