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My Turn: Time to move forward on Keystone XL Pipeline

We are truly at a crossroads for Keystone. The Keystone XL Pipeline that is.

Most Americans know the story of the pipeline. The Keystone XL Pipeline Project is a proposed 1,179-mile, 36-inch-diameter crude oil pipeline, beginning in Hardisty, Alberta, Canada, and extending south to Steele City, Neb.

This pipeline is a critical infrastructure project for the energy security of the United States and for strengthening the American economy.

Along with transporting crude oil from Canada, the Keystone XL Pipeline will also support the significant growth of crude oil production in the United States from producers in the Bakken region of Montana and North Dakota.

This pipeline will allow Canadian and American oil producers more access to the large refining markets found in the American Midwest and along the U.S. Gulf Coast.

Representing the American Council of Engineering Companies in New Hampshire, I joined with several other business organizations and unions on April 30 in front of the State House to express support for the pipeline and to urge our congressional delegation to put pressure on President Obama to commence the building of the pipeline at once.

Every hurdle, every regulatory procedure, every environmental study has been satisfied and approved. In fact, just this past January the United States Department of State issued a final supplemental environmental impact statement for the Keystone XL Pipeline and the findings were clear.

After five years of investigation, the State Department concluded that the building of the pipeline is unlikely to have significant effects on climate-change-causing greenhouse gas emissions.

Just last year, Obama said: “The net effects on the pipeline’s impact on our climate will be absolutely critical in determining whether this project is allowed to go forward.” The State Department answered that question for the President and now it’s time for him to give Americans what they want – and need.

The construction phase of this project will represent more than 20,000 direct engineering, construction and manufacturing jobs across North America; and indirect manufacturing and service jobs could easily exceed 100,000.

Canada is a secure and reliable source of energy for the United States for years to come; and the American and Canadian engineering industries have the know-how and means to bring Canada’s vast energy reserves to market while minimizing any negative environmental impacts.

Just last week, a vote on the pipeline passed in the U.S. Senate Energy Committee. It illustrates the continued desire of many in Congress to get our economy moving and secure our domestic energy resources.

On behalf of our member firms and their employees in New Hampshire, we urge the congressional delegation to use all their power to help push approval of the Keystone XL Pipeline.

(Alex Koutroubas is executive director of the American Council of Engineering Companies in New Hampshire.)

BestPresidentReagan said "-FACTS are these 1) Koch's lease hold in the Canadian is less than 3% of the leases" Let's check these FACTS, shall we ? According to the Alberta provincial energy department, Koch Oil Sands lease about 1.12 million acres (4,500 km^2, about the size of the state of Delaware) of Albertan Boreal forest tar sand area. According to Pembina institute, 66 % of the tar sands, or a whopping 92,400 km^2 of Albertan Boreal forest has already been leased to oil and gas companies. That means Koch brothers own about 6 % of the total leased area in Alberta. And with the estimated 15 billion barrels of bitumen on their lease property, the $ 8 / barrel difference that the Keystone XL will make pockets the Koch brothers some 15*8= $ 120 billion in assets. Why is it so difficult for you to admit that the Koch brothers will make mega bucks from the Keystone XL? Are you working for them ?

"Koch’s oil production in northern Alberta is “negligible,” according to industry sources and quarterly publications .....Moreover, Koch has not reserved any space in the Keystone XL pipeline, a process that usually takes place before a pipeline is built. The pipeline also does not run anywhere near Koch’s refining facilities. And TransCanada, owner of the Keystone routes, says Koch is not expected to be one of the pipeline’s customers

More fun with numbers for LIDV's... consider the fact that the size of the Keystone Pipeline, 830,000 barrels per day, limits the speed with which Koch can recoup the falsley guesstimated $120 billion. Even if the Koch's had reserved 100% of the pipeline capacity it would take 476 years for Koch to break even using decker's numbers. Now if the truthful estimate of Koch’s leasehold acreage is even one-half, it will take Koch just about 1,000 years to break even if the Keystone Pipeline is constructed .... These facts unfortunately produce a considerable amount of hilarity at Rob Decker's expense

The economic well being of the US, that's rich, energy security that's even better. Same old story, same old song and dance. A wholly Canadian owned pipeline, that has been somehow turned into a partisan football. The big thing is since 1970 we have banned most crude exports. Now oil producers want to export what essentially a glut of oil to overseas markets where it is more profitable. The whole argument about energy dependency is a pack of lies, this is all about getting the oil out of the country for more $$$.

A valid point, GCarson but we can't ignore the economic boom in North Dakota where even Wal-Mart employees earn up to $20 per hour. Here is what I think we should do and it would give us huge economic advantage over the rest of the world. Harvest our oil and build up reserves, limit exports and approve the XL pipeline with the stipulation that the oil stays here and we cut the price to our own citizens. Let's be energy efficient and NOT import on barrel of oil from the Middle East or Venezuela.

Itsa, it's a world oil market out there, and we have no control over where oil is imported from, not where refined products are exported to. To give some perspective, we are ALREADY exporting more refined products than we import oil from all OPEC nations combined.

dear Rob - exporting more refined products is actually a good thing. Do you have even a guess how many bi-products are made from cracking 1 barrel of oil?

Blah, Blah, Blah. The oil is not intended for the American market. It flows directly into the world oil market, over which the US has absolutely no control. It will flow THROUGH America, providing us with all the risk, and precious little reward past the initial construction, after which the jobs dry up. Regardless of whether anyone can accurately predict at this time what the climate impacts will be, it is undeniable that the dirty tar sands oil flowing through the pipeline will pose a significant risk to the Oglalla aquifer, supplying the water for thousands of square miles of farmland and millions of people. Dozens of pipeline breaks have occurred in the US over the past couple of years which have not made the news. And the Koch brother stand to make as much as $200 Billion off the deal. Then nothing will stop them from buying America.

I got as far as blah blah blah...after that, you stopped making sense.

Sorry Veritas - Koch Bros do not make a penny off Keystone - nice try with the bogyman thingy

You gotta be kidding. Koch Brothers WANT the Keystone XL more than anyone. The Koch Brothers bought 1.1 million acres of tar sands in Alberta. About the size of the state of Delaware. This property is larger than ANY other foreign investor (including Exxon, Shell and BP), and contains at least 15 billion barrels of recoverable bitumen deposits. The problem with Koch's ownership is the depressed price of WCS (benchmark for tar sand crude in Alberta), but the Keystone XL would change that. TransCanada reports that WCS will go up in price about $ 8 / barrel, which will increase Koch Brothers assets by at least 15*8 = $ 120 billion. Koch's are into their neck into the Alberta tar sands.

you might want to check that thoroughly debunked story again. Time for you to read real sources. On March 20, the Washington Post published a report by Steven Mufson and Juliet Eilperin about Koch Industries’ investments in the Canadian oil sands, suggesting that the Koch brothers stand to profit if the Keysone XL pipeline is finally approved. It has been thoroughly debunked -FACTS are these 1) Koch's lease hold in the Canadian is less than 3% of the leases 2) Koch subsidiary has not reserved any space in the pipeline and the influx of oil from Canada’s oil sands could adversely affect Koch investments in domestic markets. Credit for debunking goes to John Hinderaker of Powerline, who thoroughly destroyed the Post’s original piece, concluding that the Post “relied uncritically on a goofball far-left report” provided by the anti-Keystone XL pipeline activist group the International Forum on Globalization...... anyone can find pages of the debunked story - the question is only if you are a LIDV and believe them.

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