Saturday, July 27, 2013

Study: KXL Pipeline Would Raise U.S. Gas Prices

http://occupyamerica.crooksandliars.com/diane-sweet/study-kxl-pipeline-would-raise-us-gas-#sthash.vumh24Gj.nfhhfABv.dpbs


Consumer Watchdog, a nationally recognized nonprofit consumer group, has reviewed corporate, industry and government data and found that pipeline developers and the Canadian government intend to use the controversial Keystone XL pipeline to raise the price of Canadian tar sands oil on the global market by shipping oil directly to the Gulf. This would raise U.S. gas prices in the Midwest by up to 40 cents a gallon.
“Keystone XL is not an economic benefit to Americans who will see higher gas prices and bear all the risks of the pipeline,” said report author Judy Dugan. “The pipeline is being built through America, but not for Americans.”
and yet the republicans are pushing hard and misleading you about the whole thing, i'm sure they knew of the price rising and that it would be nothing you could do about it after all you supported it in favor of congress approving the Pres.'s jobs act, right wing stinging you again it's their nature.
Key findings from the report:
- Drivers, especially in the Midwest, would pay 20 cents to 40 cents more at the pump if the disputed pipeline were built, as the current discount of up to $30 a barrel for Canadian oil disappears.
- The true goal of multinational oil companies and Canadian politicians backing the pipeline is to reach export outlets outside the U.S. for tar sands oil and refined fuels, which would drive up the oil's price.
- With U.S. oil production rising fast, any "energy security" benefit for the U.S. would vanish as American oil output exceeds that of Saudi Arabia in about 2020, according to the International Energy Agency.
they also tout proudly that it would create 20,000 jobs which they inflated until the truth came out they claimed tens of thousands of jobs i guess 2 x 10 is still 20 so they were right but misleading.
Pres. plan well we might not know with right wing obstruction but here's a peak,