“Those in favor of it (the Keystone XL pipeline) say it will increase access to oil from Canada, the leading supplier of crude oil to the U.S.”
Agreed, but very misleading. It will increase access to Canada’s oil, but not for the United States. It has been repeatedly reported that this Canadian oil is for export to foreign countries, not for use in the USA.
The actual amount of oil available for the United States will drop with the completion of the Keystone XL pipeline since this Canadian oil is now glutting the US market – causing low prices for gasoline in the USA. Once this pipeline is finished and the Canadian tar sands oil has an outlet to the higher priced world markets the glut in the US market will disappear and gasoline prices for Americans will rise.
Source Article from http://www.nationofchange.org/texans-fear-health-and-safety-keystone-xl-pipeline-nears-switch-1387988899
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