Weve seen several similar postsoffer other figures for how many jobs were lost as a result of Bidens executive order, ranging from 12,000 to83,000. Note: if reading this fact check makes you want to contact us to complain about bias, please check out our Red feed first. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates. And that is exactly what Valero, one of the largest potential buyers of Keystone XL's oil, has told its investors it will do. In the United States, the existing Keystone Pipeline System runs from the North Dakota border south through South Dakota to Steele City, Nebraska, where it splits one arm running east through Missouri for deliveries into Wood River and Patoka, Ill., with the other running south through Oklahoma to Cushing and onward to Port Arthur and Houston, Texas.. Though the Keystone Pipeline XL had secured full funding through 2022, only 8% of it had been built by the time President Biden revoked the projects permit in the United States. In a Wednesday statement, the Canadian developer TC Energy said that after reviewing its options with. Booms, Busts And Billionaires: An eBook From Forbes. It's, 'Oh, there's a lot more risk now than there was before.'". On page 90, the report concludes that the United States will import the same amount of crude from Canada through 2030 whether or not Keystone XL is built. The environmental argument is studied by five groups. The current Keystone Pipeline transports approximately 700,000 barrels of oil a day from Canada to Texas. The Department of State, in consideration of the permit, must examine the potential impact of the pipeline on the environment, the economy, U.S. energy security, and foreign policy plus a few additional items. ", "New government-funded 'food pyramid' says Lucky Charms are healthier than steak. Former U.S. President Donald Trump had approved a permit for the line in 2017, but it continued to face legal challenges that hampered construction. Three of the phases have now been completed, while the fourth one, an extension known as the Keystone XL (which stands for Keystone export limited), was cancelled in 2021. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Stevenson confirmed that as of late 2020, about 152 kilometers, or 93 miles, of pipeline had been laid near the U.S.-Canada border. It will also create up to 43,000 jobs, the majority of which will be permanent. All Rights Reserved. The company behind the controversial Keystone XL oil pipeline said Wednesday it's officially terminating the project. Ramped up domestic oil production and new supply routes have lessened the U.S.'s need for the hundreds of thousands of barrels . By claiming that the project was in Phase 4 of construction, the posts seem to conflate the Keystone XL Pipeline with the larger Keystone Pipeline System. These typically exist in community groups and environmental organizations. Please select all the ways you would like to hear from Lead Stories LLC: You can unsubscribe at any time by clicking the link in the footer of our emails. Biden's. The Keystone XL Pipeline consists of two parts. If only the halt of that project was the sole source of surging energy costs at home and abroad.. "By revoking the Keystone pipeline permit, Biden is destroying 11,000 jobs and roughly $2 billion in wages," the post says. A 2014 report found that the company would need only 50 employees to maintain the Keystone XL pipeline once its finished, 35 of them permanent. But this post could leave the wrong impression without full context. "We remain disappointed and frustrated with the circumstances surrounding the Keystone XL project, including the cancellation of the presidential permit for the pipeline's border crossing," Alberta Premier Jason Kenney said in a statement. Both of these forms can be transported by pipeline. BNSF remains a money machine at . The Keystone Pipeline System is an oil pipeline system that runs between Canada and the United States. LaTurners office cited reports showing the two figures. It carries crude oil to refineries and terminals. A storage yard in Montana contains pipe that was to be used in the construction of the Keystone XL oil pipeline. The project was delayed for the past 12 years due to opposition from U.S. landowners, Native American tribes and environmentalists. Instead, they're a tarry fossil fuel called bitumen that's mixed in with clay, sand, rock and together, can be hard as a hockey puck, destruction of Alberta's forests and health effects that some researchers say could be linked to the strip mining, makes oil sands crude more carbon-intensive and worse for the climate, Biden Administration Strikes A Deal To Bring Offshore Wind To California, the world had to keep half of oil and gas reserves in the ground, enormous pushback from environmental and other activists, including major Democratic donors, TC Energy's pipeline system in the northern Great Plains experienced a series of leaks. Video shows President Joe Biden recalling an alien encounter. Keystone XL, which was proposed in 2008 to bring oil from Canada's Western tar sands to U.S. refiners, was halted by owner TC Energy after U.S. President Joe Biden this year revoked a key permit needed for a U.S. stretch of the 1,200-mile project. Keystone XL would have passed through Nebraska, and for years, a coalition of Indigenous tribes, ranchers and local environmentalists demonstrated, lobbied and sued to halt the pipeline's construction. This portion would transport oil over 435 miles through 36" pipe running from Cushing, Oklahoma to Port. Lead Stories is a U.S. based fact checking website that is always looking for the latest false, misleading, deceptive or On his first day in office, President Joe Biden signed an executive order revoking the permit for the Keystone XL pipeline, halting its construction in the U.S. TC Energy estimated in October that the pipeline would employ 11,000 Americans in 2021, generating more than $1.6 billion in wages. The announcement ends a more than decade-long battle that came to signify the debate over whether fossil fuels should be left in the ground to address climate change. To review: Keystone XL, a project of the TransCanada Corporation (now TC Energy), was slated to carry oil from Alberta's tar sands across the country to refineries on the Gulf of Mexico. Read more about our work to fact-check social media posts here . The other major candidate for the seat is Democrat Patrick Schmidt, a former U.S. Navy intelligence officer. One of the most important facts that is missing in the national debate surrounding the proposed Keystone XL tar sands pipeline is this Keystone XL will not bring any more oil into the United State for decades to come. Lets look at the argument for and against the project. Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day. The 875-mile pipeline would carry a heavy crude oil mixture from . The pipeline was expected to stretch from Alberta to Nebraska, allowing 830,000 barrels of oil sands crude to be carried into the U.S. a day, reports Reuters. The Keystone XL pipeline would have been able to carry up to 830,000 barrels of oil every day, the figure used in LaTurners ad. It can be processed to remove the bitumen which can be sent to refineries in two different forms. South Dakota Gov. The Ogallala aquifer is also in this region and the pipeline would have posed a potential threat to the drinking water. Data is a real-time snapshot *Data is delayed at least 15 minutes. None of this means Warren Buffett had anything to do with Biden's decision to spike the Keystone Pipeline. The pipes pass through North Dakota, South Dakota, Nebraska, Kansas, Missouri, and Oklahoma. This portion has been flowing since February 2011. In October, TC Energy awarded contracts to six American union contractors to build the Keystone XL pipeline in three states in 2021. Let us know!. The Reuters Fact Check team previously debunked social media claims surrounding the Keystone XL Pipeline, here . The 1,700-mile (2,735-kilometer) pipeline was planned to carry roughly 800,000 barrels of oil a day from Alberta to the Texas Gulf Coast, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma. Find out whats happened to the oil industryand where its headed next. On November 19, 2014, the U.S. Senate voted against the passage of the bill which would allow the Keystone XL Pipeline to proceed. The Keystone Pipeline in North Dakota was shut down after it leaked oil. TC Energy owns the existing Keystone oil pipeline, which runs from Alberta to the U.S. oil storage hub in Cushing, Oklahoma, and to the U.S. Gulf, along with a power and storage business. "Clean energy that we harvest here at home and work to figure out a better way to store is going to power us here at home.". LaTurner represents Kansas 2nd District, which covers the Topeka area and points south. Many of these refineries are in Foriegn Trade Zones where oil may be exported to international buyers without paying U.S. taxes. This project would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia. The vote was one shy of passage at 59-41. Although the new Congress will likely pass a bill to allow the pipeline to proceed, I expect the President will veto it. The Natural Resources Defense Council works to safeguard the earth - its people, "Instead of having international competition for a scarce resource where everybody wants the oil and there's a fixed amount of it, it's different," Nemet said. In other words, 14% of the investment was made in 2020, with the remaining 86% secured and expected to be paid in 2021 and 2022. The oil and gas industry accounts for about 5% of Canada's economy, and nearly all of the industry's exports go to the United States. Canada-based TC Energy first proposed the 1,200 mile Keystone XL pipeline in 2008 as a way to quickly pump 830,000 barrels of tar sands (a.k.a. On February 9, 2005, TransCanada (now TC Energy) announced plans to construct a pipeline to move 400,000 barrels per day of Canadian heavy crude oil from Hardisty, Alberta, to Illinois. The press release also stated that the remaining $6.9 billion needed for construction was expected to be largely made in 2021 and 2022 and funded through the combination of a US$4.2 billion project level credit facility to be fully guaranteed by the Government of Alberta and a US$2.7 billion investment by TC Energy.. Russia is the world's second-largest exporter of crude oil, according to the U.S. Energy Information Administration. Partly false. The pipeline, which had severe environmental and human rights implications, has been on a long road towards failure. its plants and animals, and the natural systems on which all life depends. Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Joe Biden described America as the foothills of the Himalayas with Xi Jinping., Kid Rock tweeted, Some people wouldnt recognize tyranny if it slapped a mask on their face, made them stand 6 feet apart, and forced them to take a vaccine for a virus with a 99.8% survival rate., The train that derailed in Ohio was carrying over 300,000 gallons of a chemical that was banned in 1974.. In 2008, TC Energy, then known as TransCanada, announced plans to build a pipeline that would carry 830,000 barrels of crude oil daily from Hardisty, Alberta, through the Great Plains to refineries on the Texas Gulf Coast. Not only did the revocation of the Keystone XL pipeline project permit reportedly hurt the Canadian and Alberta economies, but it cut thousands of jobs for Canadians and Americans. Before Biden signed his executive order, only a 1.2-mile section of the pipeline had been completed in Montana near the U.S.-Canada border. Pipeline opponents are invigorated by the Keystone XL decision and hope for more wins. ", Psaki added the Department of Energy predicts that in 2023 the U.S. will "produce more oil than ever before.". Campaign watchers rate the race as solid or safe Republican. Heres point number one: The Keystone XL Pipeline is nothing new. Lawsuits claim it wrecked their teeth. "They want the additional Canadian barrels to displace higher cost barrels from Venezuela, Mexico or Saudi Arabia," said Allen Good, an oil company stock analyst at Morningstar. "On behalf of our Ponca Nation we welcome this long overdue news and thank all who worked so tirelessly to educate and fight to prevent this from coming to fruition. While many were under the impression that the Keystone XL pipeline was nearly built and ready to operate, it would have served as the fourth phase of the entire Keystone Pipeline System. The first is the Gulf Coast Project. Nor would producers be obligated to sell that entire amount to the U.S. Facebook, Jake LaTurner ad, Feb. 24-Feb. 25, 2022, Email, Mike Howard, communications director, Rep. Jake LaTurner, Feb. 25, 2022, PolitiFact, "U.S. is importing large amount of Russian oil, but Facebook post misstates Keystone XL role," Aug. 23, 2021, U.S. Energy Administration, "U.S. Imports by Country of Origin," accessed Feb. 25, 2022, Lead Stories, "Fact Check: U.S. Imports About 10% Of Its Oil From Russia, But Did NOT Stop Domestic Oil Production," Feb. 24, 2022, C-Net, "Gas Price Spike: How High Will Costs Soar After Invasion of Ukraine? On his first day in office, President Joe Biden signed an executive order canceling the Keystone XL Pipeline Project. Says he has been to Afghanistan, Iraq and those areas twice as president. In this article, I will dispel the myths and rumors and discuss only the facts. First proposed in 2008, the $8 billion pipeline would deliver over 800,000 barrels of oil a day. President Biden's energy agenda has strengthened Putin at the expense of hard-working Kansans.". For years, the Obama administration faced pressure to approve the project from Canada, the oil and gas industry and its political allies while also getting enormous pushback from environmental and other activists, including major Democratic donors. The company announced that it hopes to restore service by the end of the week. The Keystone XL pipeline is a 1,200 mile pipeline that will safely deliver crude oil from Canada and North Dakota to the United States. "A lot more transportation and people flying around, people driving, more demand for oil," he said. This type of project has been completed numerous times before. 727-821-9494, The Keystone XL pipeline "would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia. The Keystone XL pipeline was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska, but the project was delayed for the past 12 years due to opposition from U.S. landowners, Native American tribes and environmentalists. President Obama is expected to either approve or deny the pipeline by the end of this year. But both TC Energy and the State Department have said the majority of those jobs would be temporary. The US Supreme Court denied a request from the Trump administration to allow construction of the Keystone XL pipeline, upholding a lower court's ruling blocking a permit needed for the project . Part of TransCanada's Keystone XL pipeline under construction in Atoka, Oklahoma. But most of those jobs are temporary. These groups argue that the lifecycle greenhouse gas emissions associated with the development of Canadian oil sands is harmful to the environment compared to conventional oil or renewable fuels. For the . A lot has changed since the Keystone XL project was proposed in 2005. The Keystone Pipeline: A Never-ending Saga. A Warner Bros. Climate Change Is Making It Worse, . It was denied. The 11,000 and $2 billion figures cited in the Facebook post are estimates published by the company, but most of the jobs would be temporary. By 2012 that number jumped to 3.2 million barrels. The original petition for permit was denied on January 18, 2012 due to environmental concerns. In October, the company said it expected to employ more than 11,000 Americans in 2021 and generate more than $1.6 in gross wages. The pipeline will allow the U.S. to substitute Canadian oil for other foreign oil. BILLINGS, Mont. Keystone XL pipeline protest in April 2014 in Washington D.C./Credit: Susan Melkisethian. "But in terms of gasoline prices and global oil prices, it's just something it's better to just ignore because it would have no impact. "Whenever there is political instability in places that produce a lot of oil, markets react," Nemet said. National Association of Manufacturers CEO on Biden's canceling of the Keystone XL pipeline. A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. According to TC Energy, the entire Keystone XL pipeline project would have cost around $8 billion to complete. The State Department is one of 15 departments under the executive branch of the federal government. These posts are referring to the Keystone XL Pipeline, a project cancelled by Biden on his first day in office on Jan. 21, 2021, dealing a death blow to a long-gestating project that would have carried 830,000 barrels per day of heavy oil-sands crude from Alberta to Nebraska (here). And right now in Minnesota there are protests around Enbridge's Line 3 project that's under construction. This group must review and issue National Pollutant Discharge Eliminations Systems permits for discharge of pollutants in state waters. We want to hear from you. Was any part of the Keystone XL pipeline functional? The Keystone XL pipeline was expected to act as an extension to this larger system that would run 1,210 miles from Hardisty, Alberta to Nebraska.. A map of the Keystone XLs route alongside the existing Keystone Pipeline System, operating since 2010, can be seen here . It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. However, the Canadian government has put the brakes on the two pipeline proposals to export tar sands through its provinces due to the need to take more time to listen to its own public's concerns about water and safety. TC Energy swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charge related to the suspension of Keystone XL. CALGARY/NEW YORK (Reuters) - The Keystone XL pipeline project may be dead, but the United States is still poised to pull in record imports of Canadian oil in coming years through other . The fourth phase, dubbed "XL" for . The oil and gas industry forms the basis of a tight economic bond between the U.S. and Canada, which made the progress of Keystone XL such a protracted, high-stakes fight. An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday. The pipeline's opponents in Nebraska feared that any leak from Keystone XL would damage the critical aquifer, and they welcomed the end of the project. The pipeline would span 875 miles. Without support from the U.S. government, its effectively halted. Keystone XL was halted by owner TC Energy after U.S. President Joe Biden this year revoked a key permit needed for a U.S. stretch of the 1,200-mile project. The Keystone Pipeline moves crude oil from tar sands refineries in Canada and the Midwest to refineries in Texas. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. TC Energy already had suspended construction in January when President. Thirty-five of them would be permanent, while 15 would be temporary contractors. The Keystone Pipeline already exists. After multiple delays, President Barack Obama rejected the permit to build Keystone XL in November 2015. Instead, they're a tarry fossil fuel called bitumen that's mixed in with clay, sand, rock and together, can be hard as a hockey puck. ", People not vaccinated against COVID-19 came out the best. Keystone XL, an expansion of an existing North American pipeline, would have carried 830,000 barrels of crude oil from Alberta, Canada, to Nebraska daily at its peak. Lead Stories is a U.S. based fact checking website that is always looking for the latest false, misleading, deceptive or News provided by The Associated Press. In fact, the Keystone Mainline is 1,353 miles of 30 pipe which extends from Hardisty, Alberta to refineries in Wood River and Peoria, Illinois. The leak was. An estimate from the Canadian Energy Research Institute in 2011 estimated that new oil sands development in Canada would create about 444,000 new U.S. jobs and generate about $521 billion in U.S. government revenue over the next two decades. But its not as simple as substituting one source for the other. Disclaimer. The Drought In The Western U.S. Is Getting Bad. Canadians, including Indigenous peoples, have benefited economically from the oil sands mining. District of Columbia Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. Since it first went into operation in 2010, TC Energy's original Keystone Pipeline System has leaked more than a dozen times; one incident in North Dakota sent a 60-foot, 21,000-gallon geyser. President Joe Biden in January 2021 revoked the permit for an add-on to the Keystone system, but the rest of the system is still running. Some ask why should it proceed? Before we explain Keystone, let me first state that beneath the ground of these United States are thousands upon thousands of miles of existing pipeline transporting natural gas and oil. Copyright 2023 CBS Interactive Inc. All rights reserved. The Keystone XL pipeline would have been a new way for one Canadian energy firm to ship oil to the United States. Keystone XL is a relatively small issue compared to the entirety of the existing U.S. pipeline system. ", "When combined with additional 2021 contracts to be announced later, the total number of American union workers constructing Keystone XL in 2021 will exceed 8,000 and $900 million in gross wages," the release said. President Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry. The Keystone XL pipeline, which is owned by TC Energy Corp (NYSE: TRP), was reportedly less than 10 percent built when Biden pulled the plug on the project. The State Department forecasted that no more than 50 jobs, some of which could be located in Canada, would be required to maintain the pipeline. "It wouldn't be online and wouldn't be pumping oil until the year 2023. We need your help. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. So, it actually would have nothing do with the current supply imbalance. The Keystone Pipeline from Canada to the U.S. is not closed. Expanding the Keystone would have increased global oil production by less than 1%, an amount, they explained, is "almost negligible. This project would have produced 830,000 barrels of oil per day, more than enough to offset what we import from Russia.". (AP) The Trump administration on Wednesday approved a right-of-way allowing the Keystone XL oil sands pipeline to be built across U.S. land, pushing the controversial $8. By 2011, Keystone XL had upended that quiet bureaucratic process. The current part of the Keystone pipeline that already exists uses 2,638 miles of hardened steel built to "withstand impact from a 65-ton excavator with 3.5-inch teeth," according to . / CBS News. The agency will release a total of 60 million barrels of crude to help ease some of the supply disruptions caused by the war Ukraine. Oil sands production is increasing in the U.S. with the majority of it in the form of heavy crude. This amount makes up 3% of U.S. crude oil imports and about 1% of the crude oil processed in U.S. refineries. But they also grapple with the destruction of Alberta's forests and health effects that some researchers say could be linked to the strip mining. With Americans facing the worst inflation in 40 years, would expanding Keystone offer much relief at the pump? The third group is the Bureau of Land Management which grants temporary permits for portions of the project that would encroach on federal lands. The operator, Canada-based TC Energy, said the pipeline that runs from Canada to Oklahoma lost about . Since the State Department defines "job" as "one position that is filled for 1 year," that would equate to approximately 3,900 jobs over a two-year period. Oil Change International investigated this issue in a report that found the Keystone XL pipeline was part of a larger strategy to sell increasing volumes of Canadian crude on the international diesel market. Keystone XL is a tar sands pipeline to export oil out of the United States December 20, 2011 Anthony Swift One of the most important facts that is missing in the national debate surrounding. After more than 10 years, the embattled Keystone XL pipeline has officially been abandoned. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. One of them sparked outrage on Facebook over its effect on American jobs. No, that's not true. A damaged section of the Keystone Pipeline was reopened Thursday after weeks of repairs and clean up following a leak of 600,000 gallons of crude oil into a Kansas creek, officials said. All Rights Reserved. And, we also have the technology to assure that the environment will be protected. As of 2014 . A $9 billion oil pipeline that became a symbol of the rising political clout of climate change advocates and a flash point in U.S.-Canada relations was officially canceled on Wednesday. Extracting the bitumen and diluting for shipment requires energy, most of it from burning fossil fuels. That initial jump in the cost of crude was driven by the ongoing economic recovery, which boosted demand by consumers and businesses that had been dampened by the COVID-19 pandemic. Gasoline is actually one of the nation's largest exports, going mostly to Latin America. From Canada's perspective, the problem with existing pipelines is they all end in the U.S. Midwest and only allow one buyer - the United States. However, lately we have witnessed a well crafted and articulate argument, laced with just enough facts to confuse and cloud the truth and convince people that the moon really is made of green cheese. The oil industry and its allies have claimed that Keystone XL would have created hundreds or even thousands of jobs. Opinions expressed by Forbes Contributors are their own. The pipeline carries refined petroleum products such as gasoline, diesel, heating oil, and jet fuel from Houston, Texas, on the U.S. Gulf Coast up to Linden, New Jersey, and serves several markets along the route through various branch lines. In short: Most of the estimated jobs were temporary. As of Monday, May 10, the pipeline had not resumed operations of its main lines, although some smaller lines are operational. That very well may be the case as Valero, one of the largest prospective purchasers of Keystone XL's crude, has already told its investors the its future business is in international export. The second segment, called the Keystone XL, would run 1,179 miles from Hardisty, Alberta to Steele City, Nebraska. Kristi Noem went a step further than Crenshaw, writing in a February 24op-edfor Fox News that in halting the Keystone XL pipeline Mr. Biden was "signaling to the world that American energy independence is no longer a priority.". Ive also heard opponents say that the project will not create very many high-quality or long-lasting jobs. As issues continue to emerge, the spin is spun and citizens of this once united nation find themselves at odds with neighbors, friends, coworkers and even family. Let us know!. So we wanted to take a closer look. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. LOUIS (AP) An oil leak near St. Louis prompted the closure of parts of two pipelines as crews work to determine the source, company officials and Missouri regulators said Thursday. Given that the U.S. is siding with Ukraine, this could put a damper on the countrys ability to continue its dealings with Russia. The war in Ukraine also plays a role, although it was not the instigator of the increase. The Keystone XL crude oil pipeline wasn't yet operational when it was canceled in 2021, and wasn't expected to be running until 2023. "And yet, we still have $100 per barrel oil.". Energy from solar panels, wind turbines and other low-carbon technologies also tends to get cheaper the more widely it is used, they said. The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC EnergyAs of March 2020, the Government of Alberta. You'll receive your first NRDC action alert and This group will consider the impact to endangered species in accordance with the Endangered Species Act. Oil sands, also called tar sands, are a mixture of clay, sand, water, and heavy black viscous oil known as bitumen. "The Keystone pipeline, under the best of circumstances if you were a proponent of seeing it completed, wouldn't be completed yet," he said. TC Energy's 1,210-mile Keystone XL pipeline would have had a capacity of 830,000 barrels per day with crude oil originating from Hardisty, Alberta, and heading to Steele City, Nebraska, where it would then be shipped to U.S. Gulf Coast refineries. Shown in real time, except for the DJIA, which covers Topeka! Hundreds or even thousands of jobs pipeline functional than 10 years, the entire XL! This portion would transport oil over 435 miles through 36 & quot ; for yard. Will allow the U.S. to substitute Canadian oil for other foreign oil. `` will be protected the sands! 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A day is nothing new oil pipeline system was denied on January 18, 2012 due environmental... Environmental concerns shows President Joe Biden recalling an alien encounter Atoka, to... Systems permits for Discharge of pollutants in State waters first day in,. Oil. `` this region and the pipeline had not resumed operations of its main,... Is a real-time snapshot * data is delayed by two minutes the countrys ability to its. Be sent to refineries in Canada and the pipeline had not resumed operations of its main lines although.