Thursday, January 19, 2023

Pipeline 1

On his first day in office, the current president stopped construction on an extension to the Keystone pipeline. According to his energy department's December report, that decision cost up to 59,000 two-year jobs. It would have moved 830,000 barrels of oil per day from Canada to Nebraska where it would have linked with other pipelines.

Environmentalist activists had helped him get elected, and that's what they wanted. The price of power is inflated today, probably due partially to reduced access and supply of oil.

Safety was the issue. Most of the accidents in Keystone's history (it started service in 2010) have been small-scale, but just last month the biggest one happened in the state of Kansas. About 14,000 barrels of oil leaked into a rural creek, soaking part of a family farm. At 42 gallons/barrel, that's over a half-million gallons.


(cont'd tomorrow)

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