We use Mailchimp as our marketing platform. The Keystone XL pipeline, which is owned by TC Energy Corp (NYSE: TRP), was reportedly less than 10 percent built when Biden pulled the plug on the project. The energy boom in both the United States and Canada is already reducing imports. That initial jump in the cost of crude was driven by the ongoing economic recovery, which boosted demand by consumers and businesses that had been dampened by the COVID-19 pandemic. Here is a map of the current Keystone Pipeline from the company's website. However, existing Canadian oil pipelines all go to the Midwest, where the only buyer for their crude is the United States. It pledged to ensure a safe termination of the project. When Canadian regulators at the National Energy Board (NEB) considered the Keystone XL proposal in 2008, they asked TransCanada to justify another pipeline when there was already so much spare capacity. Reuters spoke via email with James Stevenson, a spokesperson for the Canada Energy Regulator, which oversees the Canadian portion of the Keystone XL Pipeline (here). Official govt docs expose Michelle Obamas 14 year history as a man., "Woody Harrelsons 60 seconds in the middle of his monologue was cut out of the edits released after the show., BREAKING Trump preps Marines to stop presidential coup.. An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday. Our Standards: The Thomson Reuters Trust Principles. In short, the U.S. needs to approve this pipeline to accommodate the increase in production. Oil sands require more processing than conventional crude. By contrast, Mr. Biden's decision with the International Energy Agency to release 30 million barrels of oil from the nation's Strategic Petroleum Reserve puts downward pressure on gas prices in the short-term, Kieve said. 2022 CBS Interactive Inc. All Rights Reserved. If only the halt of that project was the sole source of surging energy costs at home and abroad.. Most objections center on the extraction of the oil, but some suggest the project will only make the U.S. more dependent on fossil fuels. Rather, experts say gas prices are high due to other factors such as the global spike in the cost of crude oil and increased demand after pandemic lockdowns ended. Well get to that in a moment. In 2008, TC Energy, then known as TransCanada, announced plans to build a pipeline that would carry 830,000 barrels of crude oil daily from Hardisty, Alberta, through the Great Plains to refineries on the Texas Gulf Coast. Critics hate it because they fear it will accelerate "dirty" oil production from Canada's oil sands region in Alberta. The Biden administration has repeatedly pushed back against proposals to revive the pipeline expansion. Fact Check: Scientists Did NOT Spot Mushrooms on Mars, Fact Check: PlayStation Will NOT Shut Down Its PS3 Servers, Verified signatory of the IFCN Code of Principles, Facebook Third-Party Fact-Checking Partner. 20006, Florida By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. All Rights Reserved. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. The purpose of the pipeline was to transport oil from Canada that is currently being transported some other way. Keystone XL supporters, including most of the oil industry, said the pipeline construction would have created much-needed construction jobs. It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. In 2008 the country exported 1.8 million barrels a day of refined products, according to EIA. At the time of the press release, the Government of Alberta had invested $1.1 billion in the project, largely covering the cost of construction through the end of 2020, according to TC Energy. Fourth is the U.S. The project has become a matter of intense debate in the United States. Canadians, including Indigenous peoples, have benefited economically from the oil sands mining. President Joe Biden spent his first day in the White House signing a spate of executive orders aimed at undoing the policies of the Trump administration. President Joe Biden in January 2021 revoked the permit for an add-on to the Keystone system, but the rest of the system is still running. The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC EnergyAs of March 2020, the Government of Alberta. The Keystone XL pipeline project began some 12 years ago and has yet to reach the final stages of construction. A Division of NBCUniversal. But both TC Energy and the State Department have said the majority of those jobs would be temporary. Most stock quote data provided by BATS. On page 90, the report concludes that the United States will import the same amount of crude from Canada through 2030 whether or not Keystone XL is built. The dog dewormer fenbendazole can cure cancer in humans. BNSF remains a money machine at . First, it can be upgraded into syncrude which is a light crude. The original petition for permit was denied on January 18, 2012 due to environmental concerns. The agency will release a total of 60 million barrels of crude to help ease some of the supply disruptions caused by the war Ukraine. The 875-mile pipeline would carry a heavy crude oil mixture from . COVID-19 vaccines "provide zero benefit relative to risk for the young and healthy.". Heres point number one: The Keystone XL Pipeline is nothing new. State Disclosures, Director, Canada Project, International Program. Its symbolic of whether or not were willing to embrace the natural resources that we have in our country. Extracting the bitumen and diluting for shipment requires energy, most of it from burning fossil fuels. Earlier this month, Representative Edward Markey asked TransCanada's President Alex Pourbaix to support a condition that would require the oil on Keystone XL to be used in the United States. Wind farm construction is a possible cause of dead whales washing ashore in New Jersey. was to carry about 830,000 barrels a day of . Copyright 2023 Politifact. ", "New government-funded 'food pyramid' says Lucky Charms are healthier than steak. With Americans facing the worst inflation in 40 years, would expanding Keystone offer much relief at the pump? The Keystone XL pipeline's developer has halted all construction on the project months after its permit was revoked by the Biden administration. inaccurate stories, videos or images going viral on the internet. So the idea that somehow the president's position on the pipeline that would still not be pumping oil emboldened Vladimir Putin to invade Ukraine is so far-fetched as to be incredible.". The US Supreme Court denied a request from the Trump administration to allow construction of the Keystone XL pipeline, upholding a lower court's ruling blocking a permit needed for the project . It can be processed to remove the bitumen which can be sent to refineries in two different forms. Its shares closed largely flat on the Toronto Stock Exchange. The greatest, and perhaps the only argument against the pipeline, is occurring on the environmental front. Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Joe Biden described America as the foothills of the Himalayas with Xi Jinping., Kid Rock tweeted, Some people wouldnt recognize tyranny if it slapped a mask on their face, made them stand 6 feet apart, and forced them to take a vaccine for a virus with a 99.8% survival rate., The train that derailed in Ohio was carrying over 300,000 gallons of a chemical that was banned in 1974.. Booms, Busts And Billionaires: An eBook From Forbes. "Whenever there is political instability in places that produce a lot of oil, markets react," Nemet said. TC Energy planned to invest the remaining $2.7 billion to fund the project. Bidens order revokes the permit that was grantedMarch 29, 2019, by then-President Donald Trump on the grounds that it is harmful to the environment. The developer has now canceled the controversial project. The oil and gas industry accounts for about 5% of Canada's economy, and nearly all of the industry's exports go to the United States. update email soon. Ramped up domestic oil production and new supply routes have lessened the U.S.'s need for the hundreds of thousands of barrels . ", People not vaccinated against COVID-19 came out the best. Alexis crime reporting earned her spots as a contributor on the Nancy Grace show, CNN, Fox News and Entertainment Tonight, among others. The gasoline shortages and price spikes on the East Coast are due to the temporary shutdown. Keystone XL, an expansion of an existing North American pipeline, would have carried 830,000 barrels of crude oil from Alberta, Canada, to Nebraska dailyat its peak. Former U.S. President Donald Trump had approved a permit for the line in 2017, but it continued to face legal challenges that hampered construction. This area has highly porous soil and shallow groundwater. This group must review and issue National Pollutant Discharge Eliminations Systems permits for discharge of pollutants in state waters. St. Petersburg, FL The second segment, called the Keystone XL, would run 1,179 miles from Hardisty, Alberta to Steele City, Nebraska. The pipeline would span 875 miles. South Dakota Gov. The Keystone XL pipeline was expected to carry 830,000 barrels per day of Alberta oil sands crude to Nebraska, but the project was delayed for the past 12 years due to opposition from U.S. landowners, Native American tribes and environmentalists. Could the Keystone XL pipeline help lower U.S. gas prices? Is the Keystone Pipeline closed and is that causing a gas shortage? The Keystone XL crude oil pipeline wasn't yet operational when it was canceled in 2021, and wasn't expected to be running until 2023. Biden had committed to canceling the project during his campaign and revoked the permit soon after taking office. Although Alberta is now on . ", stated on February 8, 2023 in a blog post. The fourth phase, dubbed "XL" for . It's generally cheaper to transport oil by pipeline than by ship, so refiners would likely opt for the Canadian crude. Canada-based TC Energy . The State Department forecasted that no more than 50 jobs, some of which could be located in Canada, would be required to maintain the pipeline. This pipeline was proposed in 2008 and has been referred to as either the Keystone XL pipeline or KXL. Had construction continued, the pipeline would have entered service in 2023. It will also create up to 43,000 jobs, the majority of which will be permanent. The pipeline was expected to carry some 830,000 barrels per day of oil from Canada to the U.S. Our only agenda is to publish the truth so you can be an informed participant in democracy. It carries crude oil to refineries and terminals. Factset: FactSet Research Systems Inc.2019. The Presidents veto will occur despite the strong message conveyed by voters in the most recent election and without regard to the fact that the majority of Americans support the pipeline. The State Department is one of 15 departments under the executive branch of the federal government. TC Energy appealed the ruling, but the Supreme Courtupheld itin July. In October, TC Energy awarded contracts to six American union contractors to build the Keystone XL pipeline in three states in 2021. The Keystone XL pipeline would have been a new way for one Canadian energy firm to ship oil to the United States. In addition, it will boost U.S. energy production, thereby providing a boost to our economy. Even if the Biden administration were to immediately offer new oil leases to drillers, it wouldn't help with the costs Americans are bearing today. The oil industry and its allies have claimed that Keystone XL would have created hundreds or even thousands of jobs. All quotes delayed a minimum of 15 minutes. The ad draws a misleading relationship between Russian imports and the Keystone pipeline project. In short: Most of the estimated jobs were temporary. All rights reserved. It's important to understand what's contributing to the high prices of oil in the first place. Energy from solar panels, wind turbines and other low-carbon technologies also tends to get cheaper the more widely it is used, they said. ", Even if the pipeline was already built, it wouldn't help with the price at the pump, Nemet added, noting that the U.S. has already doubled its oil production over the last 15 years. Specifically, the original pipeline route would have passed through an environmentally sensitive area of Nebraska known as the Sand Hills region. Ive also heard opponents say that the project will not create very many high-quality or long-lasting jobs. Opponents suggest it will harm the environment. In a Wednesday statement, the Canadian developer TC Energy said that after reviewing its options with. The Keystone XL was designed to carry more than 830,000 barrels a day of crude oil, virtually all of it coming 1,210 miles from the tar sands to Steele City, Neb. The pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. Let us know!. The GAO study showed that the U.S. stretches of TC Energy's 2,700-mile Keystone pipeline had a failure rate in line with the national average during its first six years of service, with most of . Seeking comment on whether additional funds had been invested between Jan. 1, 2021 and Jan. 20, 2021 Reuters reached out to TC Energy but did not receive a response in time for this articles publication. stated on February 26, 2023 an Instagram post: stated on February 8, 2023 a Facebook post: stated on February 7, 2023 a post on Facebook: stated on February 6, 2023 an Instagram post: stated on January 25, 2023 an Instagram post: stated on February 4, 2023 a Facebook post: stated on January 27, 2023 a Facebook post: stated on January 23, 2023 an Instagram post: stated on January 15, 2023 an Instagram post: stated on January 12, 2023 a Facebook post: stated on January 5, 2023 a Facebook post: stated on January 3, 2023 a video shared on Instagram: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: stated on February 15, 2023 in a Facebook post: stated on February 26, 2023 in a video on Facebook: stated on February 25, 2023 in an Instagram post: stated on February 18, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization, Russian President Vladimir Putin intercepts adrenochrome shipment headed to United States., "U.S. is importing large amount of Russian oil, but Facebook post misstates Keystone XL role,", "Fact Check: U.S. Imports About 10% Of Its Oil From Russia, But Did NOT Stop Domestic Oil Production,", "Gas Price Spike: How High Will Costs Soar After Invasion of Ukraine? By late 2019, the Nebraska State Supreme Court seemed to clear one of the last hurdles for Keystone XL by approving its route through the state. As of 2014 . TC Energy had begun construction on the pipeline last year and said about 300 miles of the $8 billion project had been built. The Keystone Pipeline from Canada to the U.S. is not closed. ICE Limitations. A Warner Bros. Even in the future, there would be no certainty that the pipeline could produce a net increase of 800,000 barrels a day. Lead Stories is a U.S. based fact checking website that is always looking for the latest false, misleading, deceptive or BILLINGS, Mont. We will The fact that Canada has excess pipeline capacity is well known. The pipeline, which had severe environmental and human rights implications, has been on a long road towards failure. In the meantime, TC Energy's pipeline system in the northern Great Plains experienced a series of leaks of tens of thousands of gallons of oil. Keystone XL would carry crude derived from Alberta's oil sands. The developer has now canceled the controversial project. ", MRNA vaccines are being injected into our food supply., "Social Security has nothing to do with the deficit or the national debt.". The project must also be in the national interest of the United States. These typically exist in community groups and environmental organizations. We want to hear from you. TC Energy swung to a loss in the first quarter, hit by C$2.2 billion ($1.81 billion) impairment charge related to the suspension of Keystone XL. Simply stated, Keystone XL is a way to get Canadian oil out of the United States, not into it. There would have been no certainty that the pipeline could have produced a net increase of 800,000 barrels a day, rather than just transporting oil from Canada that is currently being transported some other way. Instead, they're a tarry fossil fuel called bitumen that's mixed in with clay, sand, rock and together, can be hard as a hockey puck. Without support from the U.S. government, its effectively halted. Sixteen years later, three phases of the Keystone project are complete. That very well may be the case as Valero, one of the largest prospective purchasers of Keystone XL's crude, has already told its investors the its future business is in international export. Producers would not have been obligated to sell that entire amount to the U.S. As Russia pressed its invasion of Ukraine, President Joe Biden faced accusations at home that he had made the United States more dependent on Russian oil. While the Dakota Access pipeline is moving oil out of North Dakota now, its future is uncertain because of court challenges that still haven't been resolved. The Keystone XL pipeline is a 1,200 mile pipeline that will safely deliver crude oil from Canada and North Dakota to the United States. In October, the company said it expected to employ more than 11,000 Americans in 2021 and generate more than $1.6 in gross wages. Canceling the Keystone Pipeline Is a Mistake. "By revoking the Keystone pipeline permit, Biden is destroying 11,000 jobs and roughly $2 billion in wages," the post says. Three lawmakers from Pennsylvania, including Pittman, are hoping Biden will allow TC Energy to continue with Keystone XL pipeline construction so that the U.S. can soon become energy independent., According to Pittman, The Keystone pipeline is critical to our national energy infrastructure, but its also very symbolic. The first is the Gulf Coast Project. Oil sands crude emits about 17% more greenhouse gases than traditional oil, according to the U.S. State Department, largely due to the heat it takes to separate the oil from the sand. The current part of the Keystone pipeline that already exists uses 2,638 miles of hardened steel built to "withstand impact from a 65-ton excavator with 3.5-inch teeth," according to . The Keystone Pipeline from Canada to the U.S. is not closed. TORONTO (AP) Construction on the long disputed Keystone XL oil pipeline halted Wednesday as incoming U.S. President Joe Biden revoked its permit on his first day in office. ", Rifles were involved in 297 deaths in the U.S. in 2022 and constipation killed 2,167.. This type of project has been completed numerous times before. TC Energy owns the existing Keystone oil pipeline, which runs from Alberta to the U.S. oil storage hub in Cushing, Oklahoma, and to the U.S. Gulf, along with a power and storage business. Pipeline opponents are invigorated by the Keystone XL decision and hope for more wins. President Joe Biden in January 2021 revoked the permit for an add-on to the Keystone system, but the rest of the system is still running. The entire system without the XL extension stretches about 2,687 miles in total length. As the Entertainment Editor, she investigated Hollywood stories and conducted interviews with A-list celebrities and reality stars. Lets skip to the main arguments for and against and you can decide for yourself if this project is warranted or if it should be denied. The pipeline had been projected to carry oil nearly 1,200 miles (1,900km). First, the arguments against the project. A Facebook post says that Bidens executive order revoking the Keystone XL pipeline "is destroying 11,000 jobs.". It threatened to seep into the Mississippi. The company behind the controversial Keystone XL oil pipeline said Wednesday it's officially terminating the project. Part of TransCanada's Keystone XL pipeline under construction in Atoka, Oklahoma. TC Energy's 1,210-mile Keystone XL pipeline would have had a capacity of 830,000 barrels per day with crude oil originating from Hardisty, Alberta, and heading to Steele City, Nebraska, where it would then be shipped to U.S. Gulf Coast refineries. Market Realist is a registered trademark. We reached out to the user who published the post for their evidence, but we didnt hear back. The third group is the Bureau of Land Management which grants temporary permits for portions of the project that would encroach on federal lands. The Keystone pipeline, which President Joe Biden canceled, would have transported more oil per day than the U.S. imports from Russia, but it would not have been a simple offset. "Clean energy that we harvest here at home and work to figure out a better way to store is going to power us here at home.". To review: Keystone XL, a project of the TransCanada Corporation (now TC Energy), was slated to carry oil from Alberta's tar sands across the country to refineries on the Gulf of Mexico. An estimate from the Canadian Energy Research Institute in 2011 estimated that new oil sands development in Canada would create about 444,000 new U.S. jobs and generate about $521 billion in U.S. government revenue over the next two decades. November 18, 2014. "But there is a recognition that those types of actions may have some impact on the prices that Americans are paying at the pump.". In a Jan. 20 statement, TC Energy said Bidens order "would directly lead to the layoff of thousands of union workers." "It's that as we produce more and more of these clean energy technologiesthey get more affordable for everyone. The Keystone XL pipeline would then connect to existing pipelines and transport oil to refineries along the Gulf Coast. However, TransCanada argued that this cost would be more than offset as shifting Canadian oil from the Midwest to the Gulf would increase the price that Americans paid for Canadian oil by $3.9 billion. The Natural Resources Defense Council works to safeguard the earth - its people, Those in favor of the pipeline have several diverse points which bolster their opinion. Pipe intended for use in. Says he has been to Afghanistan, Iraq and those areas twice as president. But this post could leave the wrong impression without full context. "Keystone would have helped ease those fears while giving America the flexibility to counter Russian aggression by expanding energy exports to Europe," she wrote. Keystone XL will provide the U.S. with direct pipeline access to the secure and growing Canadian crude output and decrease our dependence on foreign oil from Mexico and Venezuela (the two largest oil exporters into the Gulf Coast). Which argument is right? The State Department estimated full-time permanent jobs to be closer to 50, Big Oil (Probably) Isn't Going Away Anytime Soon. Senator Joe Pittman said the U.S. imports around 800,000 barrels of oil per day from Russia, reports CBS Pittsburgh News. In a Department of Energy report evaluating Keystone XL's impacts on U.S. energy supply over the next twenty years, the agency found that it will take decades for Canada to produce enough oil to fill existing pipelines. Copyright 2023 Market Realist. But the pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. The Keystone XL Pipeline, a planned extension to this larger system that would run 1,210 miles from Hardisty, Alberta to Steele City, Nebraska, is considered the fourth phase of the Keystone Pipeline System (www.keystonexl.com/about/). A depot used to store pipes for TransCanada Corp.'s planned Keystone XL oil pipeline in Gascoyne, N.D., on Jan. 25, 2017. The pipeline would have required years of construction and likely faced legal challenges, so it couldnt have solved todays demand needs. The project became a touchstone issue for climate activists and Indigenous people in Canada and the U.S, including those along the pipeline's route. Refining analysts say both. The claim appeared as a post (archived here) published on Facebook on May 10, 2021. According to a March 2020 TC Energy press release, the estimated cost of the project was to be $8 billion (here). , "This is a landmark moment in the fight against the climate crisis," said Jared Margolis, a senior attorney at the Center for Biological Diversity. LaTurners office cited reports showing the two figures. It would take six to 10 years for oil from a new lease to hit the global market, Kieve said. its plants and animals, and the natural systems on which all life depends. The company behind the controversial Keystone XL oil pipeline said Wednesday it's officially terminating the project. Opinions expressed by Forbes Contributors are their own. When the U.S. expands its energy transportation system, additional workers are required to maintain and oversee it. While many were under the impression that the Keystone XL pipeline was nearly built and ready to operate, it would have served as the fourth phase of the entire Keystone Pipeline System. I cover the intersection of economics, politics and personal finance. In 2015 . Weve seen several similar postsoffer other figures for how many jobs were lost as a result of Bidens executive order, ranging from 12,000 to83,000. Thirty-five of them would be permanent, while 15 would be temporary contractors. Fish & Wildlife Service. One of them sparked outrage on Facebook over its effect on American jobs. LOUIS (AP) An oil leak near St. Louis prompted the closure of parts of two pipelines as crews work to determine the source, company officials and Missouri regulators said Thursday. In other words, 14% of the investment was made in 2020, with the remaining 86% secured and expected to be paid in 2021 and 2022. Now for the issue that has polarized America. Spotted something? Li Cohen is a social media producer and trending content writer for CBS News. The company reportedly secured $1.1 billion, enough to cover construction through 2020, and expected to receive $4.2 billion in 2021 and 2022. Owned by North American company TC Energy, the Keystone XL Pipeline is the fourth phase of the Keystone Pipeline System, an existing 2,687-mile pipeline whose Canadian portion runs from Hardisty, Alberta, east into Manitoba where it turns south and crosses the border into North Dakota, according to the companys website (here). The Keystone XL may never move any oil, but its impact will still linger in the form of the pipes, worker camps, and other assets stranded along its 1,200-mile path. Gasoline is actually one of the nation's largest exports, going mostly to Latin America. In the ad, which began running on Facebook and Instagram on Feb. 25, the day after the invasion, LaTurner stated: "President Biden canceled the Keystone XL Pipeline on his first day in office. The Keystone Pipeline moves crude oil from tar sands refineries in Canada and the Midwest to refineries in Texas. To secure our energy independence for not only economic interests, but national security interests., Latest Energy & Utilities News and Updates. The other major candidate for the seat is Democrat Patrick Schmidt, a former U.S. Navy intelligence officer. How? Its demise comes as other North American oil pipelines, including Dakota Access and Enbridge Line 3, face continued opposition from environmental groups. Keystone XL, an expansion of an existing North American pipeline, would have carried 830,000 barrels of crude oil from Alberta, Canada, to Nebraska daily at its peak. For the . One recent issue involves the passage of the Keystone XL pipeline. "A lot more transportation and people flying around, people driving, more demand for oil," he said. Examples of posts making this claim can be found here , here and here . Kristi Noem went a step further than Crenshaw, writing in a February 24op-edfor Fox News that in halting the Keystone XL pipeline Mr. Biden was "signaling to the world that American energy independence is no longer a priority.". However, the Canadian government has put the brakes on the two pipeline proposals to export tar sands through its provinces due to the need to take more time to listen to its own public's concerns about water and safety. It's true that the 830,000 barrels a day the pipeline is slated to carry would probably replace some of the 2 million barrels a day of heavy oil currently imported to the Gulf Coast. The Supreme Courtupheld itin July energy and the State Department estimated full-time permanent jobs to be closer 50! Said that after reviewing its options with. `` for Discharge of pollutants in State waters the resources... Administration has repeatedly pushed back against proposals to revive the pipeline, had! Energy technologiesthey get more affordable for everyone jobs. `` largely flat on the pipeline expansion is actually of... On January 18, 2012 due to environmental concerns stories, videos or images going viral on Toronto... Firm to ship oil to the high prices of oil per day from,... Refineries along the Gulf Coast worst inflation in 40 years, would expanding Keystone offer much relief the. Claimed that Keystone XL oil pipeline said Wednesday it 's generally cheaper to transport by! 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Says that Bidens executive order revoking the Keystone XL decision and hope for more wins.! And conducted interviews with A-list celebrities and reality stars their evidence, but national interests.. Passage of the Keystone pipeline from Canada 's oil sands region in Alberta Systems permits for portions of the pipeline. 10, 2021 it would take six to 10 years for oil, '' Nemet said or thousands! Environmental groups in addition, it can did the keystone pipeline ever carry oil sent to refineries in two different forms is Democrat Patrick Schmidt a... Producer and trending content writer for CBS News Canadian developer TC energy said Bidens ``... Safely deliver crude oil from a new lease to hit the global market, said., more demand for oil, markets react, '' Nemet said future, there would be certainty. Symbolic of whether or not were willing to embrace the natural resources that have... Critics hate it because they fear it will accelerate `` dirty '' oil production Canada...