KEYSTONE XL THREAD: The irony is that the Keystone pipeline from Alberta, Canada to Port Arthur, Louisiana ALREADY delivers more than 550,000 barrels of oil per day. So what did President Biden cancel?
2/ Oil production in Alberta will double in the next decade and the current pipeline is at full capacity. The plan was to add an additional pipeline next to Keystone called Keystone XL increasing capacity by an additional 830,000 barrels of oil each day.
3/ Without the added capacity the oil will be loaded onto tanker trucks and transferred to rail for its journey to the refineries on the Gulf Coast. This will increase the cost consumers pay for gasoline and emit more than a million tons of CO2 each year.
4/ The risks of environmental devastation are increased exponentially when you carry oil on our highways and through densely populated cities. Each year there are 500,000 trucking accidents in the US.
5/ The higher environmental and economic costs will result in higher oil prices that benefit countries like Russia, Iran, and Venezuela - by preventing the expansion of the Keystone the American people are basically funding their enemies.
6/ The REAL reason Democrats oppose the Keystone XL is that they want oil to get more expensive to hasten the adoption of solar, wind, and other renewable energy sources. Scientists predict we are at least 100 years from having the ability to reduce our dependence on oil.
7/ Hopefully saner heads will prevail and the courts will side with Canadian Prime Minister Justin Trudeau and TransCanada in their lawsuit against President Biden. In the meantime, thousands of high paid union jobs will be lost and thousands more won't be created.
8/ CORRECTION: Port Arthur is in Texas. I wish Twitter had an edit feature @jack.
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