Could someone kindly explain how the Keystone pipeline actually helps our energy independence? I really don’t know much about the petroleum industry, but from what I read it takes Canadian oil down to a port where it is shipped out of the country.
Thanks, honestly curious and would like to rebut or contextualize this information when it gets presented.
The main thing the Keystone XL pipeline does is to decrease the cost of gasoline in America by increasing the supply.
Because it was cancelled, a secondary option is to pipe it to the BC coast, load it on tankers and ship it to Asia.
Keystone XL would parallels an existing pipeline from Alberta Canada to Steele City Nebraska, where it would join another pipeline to Cushing Oklahoma, the major oil depot in the midwest. From there it would go to whoever buys it. Maybe exported, may be refined domestically.
But for the four year delay caused by Obama and the one year plus delay due to Biden, the pipeline would be operating right now.