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FOR IMMEDIATE RELEASE: Keystone XL Pipeline About Increasing Gas Prices, Market Manipulation

FOR IMMEDIATE RELEASE: Keystone XL Pipeline About Increasing Gas Prices, Market Manipulation

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Published by Shelli Dawdy
Polarizing interest groups have obscured focus on facts about the TransCanada Keystone XL pipeline project; conduct of elected officials on the state and federal level, and the impact on 15 midwestern states, property rights, and true energy independence have gotten lost.
Polarizing interest groups have obscured focus on facts about the TransCanada Keystone XL pipeline project; conduct of elected officials on the state and federal level, and the impact on 15 midwestern states, property rights, and true energy independence have gotten lost.

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Published by: Shelli Dawdy on Nov 04, 2011
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F O R I M M E D I A T E R E L E A S E - November 4, 2011
KeystoneXLPipelineProjectAboutIncreasingGasPrices,MarketManipula<on
PolarizingInterestGroupsObscuredIssue,ProvidedCoverForOfficials-MidwesternersToPay 
Divisivedebatecon.nuesinNebraskaoveraCanadiancompany’sproposedpipelineprojectwhichwouldtransporttarsandsoilfromAlberta,Canada,totheGulfofMexicoOpponents,mostlyci.ngprospectsforenvironmentaldisasters,andproponents,tou.ng“energyindependence”,jobs,andincreasedtaxrevenues,haveobscuredfocusfromreasonablescru.nyoftheprojectbytaxpayersandvotersTheactualfactsabouttheproject,itsimpactonNebraska,fourteenotherMidweststates,andsolu.onsfortrueenergyindependencehavebeenlostinthepolarizingpoli.caldebateAsaresult,electedofficialsatthestateandfederallevelsfrombothpoli.calpar.eshavenotbeenheldtoaccountregardingagrowinglistoftroublingques.onsDocumentsonfileatCanadianandUSgovernmentagencies,includingfilingsbyTransCanadaandKochIndustries,and Na.onalEnergyBoardofCanadadecision,severalmarketanalyses,federalandstatelegisla.vereports,campaigndona.on filings
 
,andspendingbyadvocacygroupstelladifferentstoryfromthedialoguethathasprevailedformanymonthsTheKeystoneXLPipelinewouldresultinincreasedgasanddieselpricesinfiVeenMidwesternstatestothedetrimentofthosestates’ci.zensandeconomiesAllCanadianoilproducerswouldbenefitAnalystsprojecta$10-$20pricepergallonincreaseintheMidwestregionAccordingtoitsownstatements,TransCanadawantstobuildthelinetoremoveoversupplyfromtheMidwesternmarketandshiVtypesofoil,eitherheavycrudeorsynthe.c,basedonmarketcondi.ons,toavoidthediscountsCanadianproducerscurrentlyreceiveOncemovedpasttheMidwest,CanadianproductswouldmoveintotheGulfCoastarea,whichinaddi.ontoprovidinganewsalesmarket,alsoaffordsaccesstoforeigntradezoneportsNega.veimpactfromthepipelineprojectcons.tutesaseriousconundrumconsideringthatstatelawpresumespipelinesareforapublicpurposeNebraskalawempowersapipelinecompany,whetherAmericanorforeign,toinvokeeminentdomainFollowingtheverycontroversial
Kelov.CityofNewLondon
USSupremeCourtdecisionin2005,manystatelegislaturesmovedtopass“Kelolaws”,specificallyprohibi.ngtheuseofeminentdomainforeconomicdevelopmentNebraskaStateSenatorDebFischerdidintroducesuchalawthatwaspassedinNebraskain2006,butithasbeenlabeledinadequatebyapropertyrightsadvocacygroupcalledtheCastleCoali.on-andthelawspecificallyexemptspipelinesTherequiredPresiden.alPermitfortheprojectisbasedonastandardof“na.onalinterest”Consideringthatoneareaofthecountrywillexperiencenega.veimpact,theprojectisques.onableReportedly,thepermitdecisionwillbemadebyPresidentObamahimself,whosestatementsinaNovember1KETinterviewseemedtoindicateheconsidersthepipelineproject “domes.coilandnaturalgasproduc.on”whenhecontrastedtheprojecttoMiddleEastoilsourcesThePresident’s characteriza.onofCanadianoilandgasas“domes.c”pointstoabi-par.sanproblemonthesubjectofenergysecurity,andspecificallythepipelineprojectPresidentObamaisaDemocrat,Nebraska’sSecondDistrictCongressman,LeeTerry,aRepublicanBothapparentlyviewtheprojectsimilarlyOnThursday,November3,RepTerryre-introducedhispipelineexpedi.onbillen.tledthe“NorthAmerican- MadeEnergySecurityAct,callingita“jobsbill”,evenastheStateLegislatureinhishomestateenteredathirddayofaspecialsessioncalledtoconsiderimplemen.nglawsrelatedtotheissueInaddi.ontomanyotherunansweredques.ons,anotherthatisnotbeingaskediswhytherehasbeensomuch.me,poli.calcapital,andmoneyinvestedbyNebraskaofficialsandadvocacygroupsindeba.ngoveranoilpipelinetranspor.ngoilfromaforeigncompany,andwhythoseresourceshavenotbeenfocusedonliVingrestric.onsonaccessingourownoil?
 
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