Tag: Texas

Keystone XL Pipeline Will Cost 20,000 Jobs Per Year

MARK WIGG РCanada has a surplus of crude oil and the US is pretty much their only market. About 20% of our oil now comes from Canada. According to today’s Toronto Globe and Mail (http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/crude-glut-in-us-suppresses-canadian-oil-prices/article2330013/) , we are paying $30 less per barrel for tar sands oil because they have no place else to sell it. This is why oil companies want the Keystone XL Pipeline. They want to export oil from Texas.