Keystone XL Pipeline Will Give US Access to Nearly a Million Barrels of Canadian Oil a Day

A sixty-foot section of pipe is lowered into a trench during construction of the Gulf Coast Project pipeline in Prague, Oklahoma, U.S., on Monday, March 11, 2013. The Gulf Coast Project, a 485-mile crude oil pipeline being constructed by TransCanada Corp., is part of the Keystone XL Pipeline Project and will run from Cushing, Oklahoma to Nederland, Texas. Photographer: Daniel Acker/Bloomberg via Getty Images

“The Keystone XL Pipeline gives us access to a safe, long term energy source from a trusted neighbor. This is very important in view of last week’s attack on the Saudi oil facilities. Today’s $8 per barrel spike in oil prices is a stark reminder of our need to be independent from Middle East oil.”

Source: Fox Business

Alberta Premier Jason Kenney, the head of government in the Canadian province, said the attack on oil fields inSaudi Arabia is a reminder that energy security is vitally important to the economy, and the United States is very fortunate to have the third-largest oil reserves just northof its the border.

“We have huge untapped reserves,” he told FOX Business’ David Asman on Monday.  “But unfortunately we’ve been fighting a campaign funded largely by U.S. interest groups to landlock Alberta energy even while the United States has quite understandably doubled its oil production in the past decade. But we want to get you more of our energy.”

“During the Obama years there was a big brown turd stoppage that clogged the pipeline.”

Keystone XL applied for a presidential permit in 2008 but approval of the permit was delayed by environmental assessments and a political battle between the Republican-controlled Congress and the Obama Administration. Shortly after taking office, President Trump signed executive actions to advance the construction of the Keystone XL pipeline, and the four-state Dakota Access oil pipeline. However, plans to begin construction were blocked last November after a federal judge in Montana ordered additional environmental reviews of the project. In April, Trump issued a new permit for the construction of the pipeline.

Keystone XL Pipeline Will Give US Access to Nearly a Million Barrels of Canadian Oil a Day

Huck Funn

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