ENERGY POLITICS - The people and companies pushing the tar-sands pipeline don't want you to know that most of this oil won't be made into gasoline for our vehicles.
"It's certainly true," declared Energy Secretary Stephen Chu, "that having Canada as a supplier for our oil is much more comforting than to have other countries supply our oil."
What the pushers of Keystone want to keep secret from you and me is that this oil will not be made into gasoline for our vehicles. Most of it will be refined into diesel and jet fuel and exported to Europe, China, and Latin America.
The claim that the pipeline will reduce our reliance on OPEC is an outright lie. Such oil giants as Valero, Motiva, and Total have already rejiggered their Port Arthur refineries specifically to make diesel and jet fuel, nearly all of which will then be piped into tanker ships at the port and sent abroad.
In presentations to investors, Valero openly touts its export strategy, even showing world maps with convenient arrows pointing from Port Arthur to its foreign customers.
You'd think our energy secretary would know this dirty little secret and come clean with the American people.
(Jim Hightower is a radio commentator, writer, and public speaker. He's also editor of the populist newsletter, The HightowerLowdown.org . This column was posted first at OtherWords.org a project of the Institute for Policy Studies.)
-cw
Tags: Jim Hightower, Keystone XL Pipeline, energy, oil, export oil, Port Arthur
CityWatch
Vol 10 Issue 29
Pub: Apr 10, 2012