So we are allowing a foreign oil company to run a pipeline across our state so they can sell that oil to other foreigners.

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Yeah, this makes a lot of sense;

The facts:

  • Keystone XL is an export pipeline. The Port Arthur, Texas, refiners at the end of its route are focused on expanding exports to Europe, and Latin America. Much of the fuel refined from the pipeline’s heavy crude oil will never reach U.S. drivers’ tanks.
  • Valero, the key customer for crude oil from Keystone XL, has explicitly detailed an export strategy to its investors. Because Valero’s Port Arthur refinery is in a Foreign Trade Zone, the company can carry out its strategy tax-free.
  • In a shrinking U.S. market, Keystone XL is not needed. Since the project was announced, the oil industry acknowledges that higher fuel economy standards and slow economic growth mean declining U.S. oil demand, even as domestic production is booming. Oil from Keystone XL will therefore displace American crude from new, “unconventional” domestic fields in Texas or North Dakota.

And let’s add insult to injury by underfunding education in SD so we can give this foreign company tax breaks.

 

How pathetic is this?

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Besides Cory at Madville reporting about the harm of the Keystone pipeline, we have to rely on people from the east coast to protest for us;

WASHINGTON – Actress Daryl Hannah has been arrested at the White House along with other environmental protesters opposing a planned oil pipeline from Canada to the U.S. Gulf Coast.

The sit-in on Tuesday involved dozens protesting the Keystone XL pipeline. It would go through Montana, South Dakota, Nebraska, Kansas, Oklahoma and Texas to refineries in Houston and Port Arthur, Texas.

Before she was arrested, Hannah told The Associated Press the protesters want to be free from dependence on fossil fuels. The group is calling for clean energy investments instead. Hannah says they hope President Barack Obama will not bow to oil lobbyists.

Hannah sat down on the sidewalk near the White House and refused orders from U.S. Park Police to move.

She has also been arrested in the past for environmental causes.

I’m glad this is finally getting national press. Maybe our local media will finally stop recycling AP stories and write a few of there own about this POS project.