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Pierce writes: "One of the major arguments proposed for building the Keystone XL pipeline, the death-funnel through the spine of the country that will bring the dirtiest fossil fuel in the history of man all the way down to Texas, is that it, somehow, will magically lower gas prices in this country. Uh, maybe not so much."

  (illustration: 350.org)
(illustration: 350.org)


How the Keystone Pipeline Would Raise Gas Prices

By Charles Pierce, Esquire

22 July 13

 

ne of the major arguments proposed for building our old friend, the Keystone XL pipeline, the death-funnel through the spine of the country that will bring the dirtiest fossil fuel in the history of man all the way down to Texas, and thence to the world, is that it, somehow, will magically lower gas prices in this country and also somehow magically make the people who run oil companies less of the greedy, grasping vulture bastards that we have come to know them to be.

Uh, maybe not so much.

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.

And that's always been the Canadian in the woodpile right there. We have to risk, among other things, a slice of the Oglalla Aquifer so a company from the Great White North can sell its ghastly slop to the Chinese. And we have to risk that because the Canadians will be damned if they're going to risk it.

Political leaders in the Canadian province of British Columbia have officially opposed plans for a major new tar sands oil pipeline from Alberta through their province to the Pacific Coast. Two other similar proposals may meet the same fate, and are certainly years in the future. This Canadian opposition increases the motivation of tar sands investors and developers and to get Keystone XL built as sure access to overseas markets.

'Twas always thus, by the way. Canadian energy companies look at the United States the way our companies look at, oh, Nigeria or somewhere.


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