The truth about Keystone
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When President Obama announced his support for the southern half of TransCanada’s Keystone XL pipeline last week in Cushing, Okla., it was a blow to the environmental groups that had worked to stop the pipeline from going forward and succeeded in delaying approval of its northern half. In particular, Obama’s statement that his administration had already approved “enough new oil and gas pipelines to encircle the earth” seemed intended to remind anti-pipeline campaigners that Keystone XL is just one of many pipelines with the potential to transport Canadian tar sands oil to the United States, and TransCanada just one of many players in the energy game.
Cushing was a particularly appropriate setting to convey that message: It’s the crossroads for much of the nation’s oil and gas infrastructure, and inadequate pipeline capacity has made the town a bottleneck for fossil fuels, particularly with the recent influx of oil coming from Alberta. At any given time, between 30 and 40 million gallons of oil sit there, awaiting transport to Midwestern or Gulf Coast refineries. This means that the chunk of the pipeline that connects Cushing’s surplus to refineries along the Gulf Coast — the chunk of the project that’s moving forward — is the one that TransCanada really cares about in the short term.
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