OK, possibly stupid question: Why do they need to build a 1000 mile, plus, pipeline when a refinery can be built near the source of the oil? It’s not like it’s in the middle of nowhere Alaska and the refined product can’t be reasonably transported.
Yes, by pipeline.
So instead of building a pipeline, you suggest building a multi-billion dollar refinery, plus a pipeline?
We don't have a shortage of refineries. The US now is a net exporter of refined products. But we do have a shortage of input to those refineries.