The Keystone XL Pipeline: Costs and Benefits

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Andrew Browning, executive vice president of Consumer Energy Alliance (CEA), speaks with MetalMiner Editor Lisa Reisman at CEA’s offices in downtown Chicago. In this segment, Browning answers questions on the controversy over the Keystone pipeline.

Continuing our series of segments with Consumer Energy Alliance’s Andrew Browning, we look at the role of the massive Keystone pipeline from central Canada — our largest trading partner — down to the Gulf of Mexico as a transport conduit for Canadian crude. While a good portion of the pipeline already exists, there are significant phases still under regulatory review.

As much as folks talk about severing ties to crude oil entirely as an energy source, the sad truth is that we’re nowhere near making that a reality just yet. Simply to sustain the country while new energies are worked out and tested, oil has a firm place in the mix of energy sources that the US has to work with. Not only that, the production of the pipeline itself, Browning mentions, will help create jobs in steel and manufacturing. Bottom line, Browning says, “The Canadians are going to produce this.” It’ll go east or west if not south; it’ll end up in China if not the US.

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