Protestors have taken to the streets to oppose the construction of a new oil pipeline. The pipeline carrying cheap oil would run over one of the largest aquifers and biggest sources of clean water in our continent, Environmentalist Bill McKibben explained on KPBS NewsHour.
On July 26, 2011, a bill passed in the House of Representatives to construct the 2,000 mile-long pipeline to run from Alberta, Canada, through the US Gulf Coast, to Texas. The pipeline would deliver 900,000 barrels of raw Tar Sands crude oil per day. Most Democrats voted no on the bill.
Democrat Rep. Hank Johnson spoke in opposition to the bill and referred to the pipeline as the "Koch brothers Keystone XL pipeline." He offered an Amendment to the bill - which did not pass though most Democrats voted for it. The Amendment was endorsed by the National Resource Defense Council and would have required that a study be conducted on the potential new health risks associated with the new pipeline. The type of oil to be transfered, Tar Sands crude oil, is more toxic and acidic than other crude oils. This oil-type goes through a complex process before it becomes the gasoline running through your vehicle - payed for by you at the pump. The complex process that the oil goes through would produce more emissions than other types of crude and would be worse for air quality. If you live in a construction area, air quality will be even worse.
US gas prices will also increase, says Democrat Rep. Dennis Kucinich, and especially for those whose air quality will be the most affected. He cites TransCanada and the consultants TransCanada hired on this. TransCanada is the company in favor of building the pipeline. If Kucinich's Amendment had passed with Republicans (most Democrats voted for it), it would have required an investigation into the pipeline's effects on gas prices for Americans, along with an investigation to determine whether the pipline is an attempt to manipulate the oil markets.
While Republicans claim that the XL pipeline will help decrease oil prices, documentation in TransCanada's application to the Canadian government stated that America's fuel bill would be able to rise 4 billion dollars per year by limiting crude from one place and moving it to another. The pipeline would move the crude from the Midwest to Gulf Coast refineries. Though the information on the increase was provided to the Canadian government it was excluded in the application for a US permit.
Economist Philip Verleger says that there is an oversupply in the Midwest, which results in lower prices for Canadian crude oil and moving it would raise prices across the US by 10 to 20 cents per gallon. With double the increase in 15 states (OH, IL, IN, IA, KS, KY, MI, MN, MO, NE, ND, OK, SD, TN, and WI).
The company Canada hired to evaluate the Keystone XL pipeline has stated that Midwest crude oil prices will increase by $6.55 per barrel and $3.00 per barrel across the US, costing Americans 3.9 billion dollars every year. The prices of other products would also rise.
Republican Rep. Less Terry says that two American companies are expanding to be able to expect the crude oil and that we'll have a reliable .7 to 1.3 million barrels per day, which will eliminate uncertainty and lower prices at the pump. He explains that a price increase would be due to a new reliability, which would raise the value.
On July 26, 2011, a bill passed in the House of Representatives to construct the 2,000 mile-long pipeline to run from Alberta, Canada, through the US Gulf Coast, to Texas. The pipeline would deliver 900,000 barrels of raw Tar Sands crude oil per day. Most Democrats voted no on the bill.
Democrat Rep. Hank Johnson spoke in opposition to the bill and referred to the pipeline as the "Koch brothers Keystone XL pipeline." He offered an Amendment to the bill - which did not pass though most Democrats voted for it. The Amendment was endorsed by the National Resource Defense Council and would have required that a study be conducted on the potential new health risks associated with the new pipeline. The type of oil to be transfered, Tar Sands crude oil, is more toxic and acidic than other crude oils. This oil-type goes through a complex process before it becomes the gasoline running through your vehicle - payed for by you at the pump. The complex process that the oil goes through would produce more emissions than other types of crude and would be worse for air quality. If you live in a construction area, air quality will be even worse.
US gas prices will also increase, says Democrat Rep. Dennis Kucinich, and especially for those whose air quality will be the most affected. He cites TransCanada and the consultants TransCanada hired on this. TransCanada is the company in favor of building the pipeline. If Kucinich's Amendment had passed with Republicans (most Democrats voted for it), it would have required an investigation into the pipeline's effects on gas prices for Americans, along with an investigation to determine whether the pipline is an attempt to manipulate the oil markets.
While Republicans claim that the XL pipeline will help decrease oil prices, documentation in TransCanada's application to the Canadian government stated that America's fuel bill would be able to rise 4 billion dollars per year by limiting crude from one place and moving it to another. The pipeline would move the crude from the Midwest to Gulf Coast refineries. Though the information on the increase was provided to the Canadian government it was excluded in the application for a US permit.
Economist Philip Verleger says that there is an oversupply in the Midwest, which results in lower prices for Canadian crude oil and moving it would raise prices across the US by 10 to 20 cents per gallon. With double the increase in 15 states (OH, IL, IN, IA, KS, KY, MI, MN, MO, NE, ND, OK, SD, TN, and WI).
The company Canada hired to evaluate the Keystone XL pipeline has stated that Midwest crude oil prices will increase by $6.55 per barrel and $3.00 per barrel across the US, costing Americans 3.9 billion dollars every year. The prices of other products would also rise.
Republican Rep. Less Terry says that two American companies are expanding to be able to expect the crude oil and that we'll have a reliable .7 to 1.3 million barrels per day, which will eliminate uncertainty and lower prices at the pump. He explains that a price increase would be due to a new reliability, which would raise the value.
Time: 2:35:15
