``The Real Solutions are Cutting Oil Use and Increasing Fuel
Efficiency,'' says the NRDC
VANCOUVER, May 22, 2012 /CNW/ - North American drivers will face higher
gasoline prices if the Keystone XL Tar Sands pipeline from Canada to
the Gulf of Mexico were built, according to a new analysis by the
Natural Resources Defense Council, Oil Change International and
That finding adds to the long list of reasons why the proposed pipeline
should not be built, said the study, released today.
"Industry and the Harper government are attempting to mislead the public
into thinking these pipelines benefit consumers. The primary benefits
are substantial profits to big oil while consumers are left with the
risks of oils spills, clean up costs and higher gas prices." said
Tzeporah Berman, co-founder of ForestEthics.
``The pipeline's proponents say it's the solution to high gas prices and
'land-locked' Canadian oil. The truth is exactly the opposite —the
pipeline would raise gas prices,'' said Anthony Swift, NRDC attorney.
``In addition our study shows that there is currently enough pipeline
capacity for almost double what Canada currently exports.''
If built, the Keystone XL pipeline daily would transport up to 830,000
barrels of the world's dirtiest oil through America's heartlands and
breadbasket—diverting oil from Midwestern refineries, which now produce
more gasoline per barrel than any other region in the United States.
The proposed pipeline would turbo-charge U.S. gas prices by increasing
the prices that Midwestern refineries pay for crude oil—a fact that
TransCanada, the company seeking to build the pipeline, has
Today, Midwestern refineries buy crude oil at deep discounts, allowing
them to produce gasoline far more cheaply than they could otherwise.
Keystone XL would change that, the study said.
"The oil industry is increasingly looking to lucrative international
diesel markets to increase its profits," said Lorne Stockman, research
director at Oil Change International, "Keystone XL sends tar sands to
refineries that are primarily configured to produce diesel for export -
and that means less gasoline for North American consumers. "
The report's findings echo a similar study by economist Robyn Allen that
showed that the Enbridge Northern Gateway Proposal would increase gas
prices in Canada.
The entire report can be found here: www.forestethics.org
For further information:
Contact in Canada: Tzeporah Berman, ForestEthics Advocacy 604-313-4713
Contact in United States: Bob Keefe, NRDC 202-289-2373, email@example.com