from Wikipedia (with links to external citations):
http://en.wikipedia.org/wiki/Keystone_Pipeline
Political issues
In February 2011, environmental journalist David Sassoon of Inside Climate News reported that
Koch Industries were poised to be "big winners" from the pipeline.
[60] In May 2011, Congressmen
Waxman and
Rush wrote a letter to the
Energy and Commerce Committee which cited the Reuters story, and which urged the Committee to request documents from Koch Industries which relate to the Keystone XL pipeline.
[61][62]
Landowners in the path of the pipeline have complained about threats by TransCanada to confiscate private land and lawsuits to allow the "pipeline on their property even though the controversial project has yet to receive federal approval."[
citation needed] As of 17 October 2011, TransCanada had "34
eminent domain actions against landowners in Texas" and "22 in South Dakota." Some of those landowners gave testimony for a
House Energy and Commerce Committee hearing in May 2011.
[63]
Commentator Bill Mann has linked the Keystone postponement to the Michigan Senate's rejection of Canadian funding for the proposed
Detroit River International Crossing and to other recent instances of "U.S. government actions (and inactions) that show little concern about Canadian concerns". Mann drew attention to a
Macleans' article sub-titled "we used to be friends"
[64] about U.S./Canada relations after President Obama had "insulted Canada (yet again)" over the pipeline.
[65]
[edit] Geopolitical issues
Proponents for the Keystone XL pipeline argue that it would allow the U.S. to increase its energy security and reduce its dependence on foreign oil.
[66][67] TransCanada CEO Russ Girling have argued that "the U.S. needs 10 million barrels a day of imported oil" and the debate over the proposed pipeline "is not a debate of oil versus alternative energy. This is a debate about whether you want to get your oil from Canada or Venezuela or Nigeria."
[68] Girling has also argued that if Canadian oil doesn't reach the Gulf through an environmentally friendly buried pipeline, that the alternative is oil that will be brought in by tanker, a mode of transportation that produces higher greenhouse-gas emissions and that puts the environment at greater risk.
[53] Diane Francis has argued that much of the opposition to the oil sands actually comes from foreign countries such as Nigeria, Venezuela, and Saudi Arabia, all of whom supply oil to the United States and who could be affected if the price of oil drops due to the new availability of oil from the pipeline. She cited as an example a recent effort by Saudi Arabia to stop television commercials by a pro-oil sands NGO called
EthicalOil.org.
[58][69]
However, in 2011 it was reported that the U.S., for the first time since 1949, had become a net fuel exporter, and fuels (including gasoline, diesel, and jet fuel) were the top export. This leads many to question the validity of the energy security argument, since it seems that additional Alberta tar sands oil processed in the Gulf region is likely to be exported to foreign nations with ease through the Gulf of Mexico. As stated in a USA Today article, "...analysts say those [overseas fuel] sales are likely generating higher profits per gallon than they would have generated in the U.S. Otherwise, they wouldn't occur."
[70]
[edit] Economic issues
In response to negative publicity, president and CEO of TransCanada
Russ Girling touted the positive impact of the project by "putting 20,000 US workers to work and spending $7 billion stimulating the US economy."
[71] This has been disputed by an independent study conducted by the
Cornell ILR Global Labor Institute which found that while the Keystone XL would result in 2,500 to 4,650 temporary construction jobs, this impact will be reduced by higher oil prices in the Midwest which will likely reduce national employment.
[72]
Analysts[
who?] believe that including the Alberta Clipper pipeline owned by TransCanada's competitor Enbridge, there is an extensive overcapacity of oil pipelines from Canada and after completion of the Keystone XL line oil pipelines to the U.S. will run nearly half-empty.
[43]
Due to an exemption the state gave TransCanada, the local authorities would lose $50 million public revenue from property taxes for a decade.
[22]