NEWS FLASH

Report: Keystone XL Will Hurt Energy Security | A new Oil Change International and Natural Resources Defense Council report shows how the Keystone XL tar sands pipeline will help maximize Big Oil’s profits while doing nothing to enhance U.S. energy security. It explains that there is currently a glut of pipeline capacity from Canada to the U.S. with around 50 percent currently unused and Canadian oil production is not forecast to fill existing pipeline capacity until after 2025. This means that Keystone XL would simply be diverting oil to the Gulf Coast for foreign shipment that would have supplied the Midwest. “The only way to reduce America’s vulnerability to rising oil prices and volatile supply is by making investments to reduce U.S. oil dependency,” the report concludes.