Keystone XL pipeline
Few issues have become more politicized than the Keystone XL pipeline project. When things become politicized, facts tend to be discounted, and the facts show that the pipeline project is simply not as important as either side has maintained.
Indeed, the pipeline is little more than a sideshow to that process.
In fact, this issue can't be resolved by
Beyond that, the company still has to obtain permissions from private landowners, and protesters are not expected to give up easily, with possible legal challenges in the works, as well.
In the meantime, Canadian oil, loaded on tankers and rail cars that are far more vulnerable to accidents and spills than a pipeline, still is making its way to
Environmentalists have made this seem like the global warming equivalent of
In truth, it would have little effect on the demand for oil, nor would it hasten a market shift to alternative fuels. It may have a slight downward pressure on price because the pipeline would provide a cheaper and more secure mode of shipping.
As for environmental dangers, history suggests that a relatively small amount of oil will leak over a 10-year period, and many existing pipelines are currently in full use.
On the other side of the issue, the pipeline will not generate many long-lasting jobs, contrary to what proponents claim. Most of the jobs associated with Keystone will be related to its construction. Long term, it is expected to create fewer than 100 full-time positions.
The cold facts about this project may explain why former President
He just as easily could have said it wouldn't have much effect on the environment, either.
It is, instead, a mere political metaphor. If it moves forward, commentators will see it as the right gaining ground on environmental issues. If it is halted, the opposite perception will hold. Resolution one way or the other is a positive thing, however, and Trump is right to try to move it forward so the country can move on to solving the real energy issues facing the nation.
Credit: By


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