Monday, April 21, 2014

Keystone XL Export Pipeline: Bad for Americans, Bad for the Economy

From:  EcoWatch 

Kevin Grandia

The core talking points for the supporters of TransCanada’s Keystone XL pipeline center around U.S. domestic energy security and economic growth. However, Keystone is an “export pipeline” that will take tar sands oil from Alberta, Canada, and pump it down to a tax-free zone in Texas and out to foreign markets.

In other words, the European Union, China and Latin America get the oil, the foreign-owned oil companies get the cash and North Americans get a few jobs and oil spills!

It’s a complicated issue for sure, so I’ve tried to break out the main points in an infographic. Please feel free to download and share it, use it and tear it apart. All the information has been fact-checked and verified by energy policy experts.  MORE

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