LIVE: VIDEO AND POLITICS

Thursday, 26 January 2017 10:42
Trump's Keystone XL approval is economic bonanza pipe-dream for Louisiana
Written by 
Rate this item
(0 votes)

kochsOne of the new President’s first actions announced this week is to support the building of the Keystone XL pipeline that the Obama administration had disapproved. Both Louisiana senators hailed the decision and talked about all the new jobs that will come to the Bayou State. But is building the pipeline such a huge job creator and economic bonanza for Louisiana? 

For those readers who have been out of the loop as to what Keystone is all about, here’s a short summary. Canada is proposing the building of a pipeline some 875 miles from Western Canada down to Nebraska, where it would then tie in to other U.S. pipelines. More than 830,000 barrels of oil a day would then flow down to the Gulf Coast for refining and exportation. But the U.S. has to give approval, since the pipeline crosses international borders. 

Those opposing the project fear major environmental damage, as the pipeline is being built and maintained. Not so, I say. Remember, Louisiana is crisscrossed by over 10,000 miles of pipeline with only minor environmental problems. I’m not talking about damages that have destroyed large portions of marshlands by drilling for oil and gas. These are the buried pipelines that take refined petroleum up to the east coast. 

Right now, a large number of petroleum products are transported to the Midwest and West Coast by rail and truck. There is probably more ecological risk with land transportation than with pipelines. Environmentally, I just don’t see that great a risk.  

For the past several years, the Louisiana congressional delegation has proclaimed that 50,000 jobs or more will be created, and adds assertions that gasoline prices will drop at the pump with more oil that can be refined on the Gulf Coast. But is there any validity to the claims of all the benefits that will come to Louisiana?  Absolutely not. 

Bloomberg BusinessWeek reported recently that an eleven-volume report prepared by the State Department concludes the Keystone Pipeline would create (are you ready) 35 permanent jobs. Thirty-Five jobs and not a single one in Louisiana. So the claims of thousands of jobs flooding into the Bayou State, as both candidates contend, are nothing more than a pipe dream. 

How about their claims that all this new Canadian oil will actually lower the price of a gallon of gas? Again, not true. What few realize is that Canadian oil, called tar sands crude, is already being imported into the United States, primarily by rail in tank cars, at a rate of more than 3 million barrels a day, according to the U.S. Energy Information Administration. This Canadian oil is being processed in Midwestern refineries, the largest being the Flint Hills refinery in Pine Bend, Minnesota, owned by the Koch Brothers. Numerous other refineries are spread from Minnesota across the west to Montana. 

Most of this Midwestern oil is presently sold to U.S. consumers. So the more oil we keep here in the U.S., the lower the price at the pump. Where will the Keystone oil go? To Texas, to be refined and shipped overseas. That means less oil in the U.S., and a higher price to U.S. consumers. 

The bottom line is this. The Keystone pipeline, if approved, will have no bearing on jobs or economic development in Louisiana. It might even cause the price Louisiana consumers pay at the pump to go up. Telling those of us living down here in the Bayou State any differently is just more political smoke and mirrors. If congress wants to approve the project to land a few more jobs in Texas, so be it. But in Louisiana, how about more straight talk and less political distortions and gibberish? 

******* 

Exaggeration is to paint a snake and add legs. ~Proverb 

Peace and Justice 

Jim Brown 

Jim Brown’s syndicated column appears each week in numerous newspapers throughout the nation and on websites worldwide.  You can read all his past columns and see continuing updates at http://www.jimbrownusa.com. You can also hear Jim’s nationally syndicated radio show each Sunday morning from 9 am till 11:00 am, central time, on the Genesis Radio Network, with a live stream at http://www.jimbrownusa.com.

 

Jim Brown

Jim Brown is a Louisiana legislator, Secretary of State and Insurance Commissioner.  

Website: JimBrownla.com
Login to post comments
  • A July 4th Fact of Facts: America is Land of Immigrants
  • Poll: Trump strong on jobs, weak on tweets, viewed as reckless, thin-skinned, sexist
  • President Trump, It doesn't feel like Independence Day
  • YIPPIE! The naked truth about free speech, cherished especially on Independence Day

mass2On July 4, 1778, George Washington doubled liquor rations for the soldiers quartered in Princeton, NJ, as a way to celebrate Independence Day. It’s fitting, therefore, that the Fourth of July is America's top-selling beer holiday, according to the Beer Institute. It estimated, in 2013, that sales of beer on the 4th could total $1 billion, doubtlessly higher today. “In moderation,” claims a CA brewery investor, Grover McKean, “beer is tasty and healthy.” Who could disagree?

Read More

joe mikaAs Donald Trump faces the top world leaders this week, including a face-time with Vladimir Putin, and as his healthcare proposals face an uphill climb, his poll numbers for how the nation views him could be better.

According to a morning Consult/Politico poll released Wednesday morning, his tweets, including that against MSNBC's Mika Brzezinski, and his personality are not helping him, at all.

Read More

indy dayII know the calendar says we are approaching the 4th of July, but, it just doesn’t feel like Independence Day.

Perhaps it should.  It’s hot as heck.  The airlines have been packed. The hot dogs are ready for grilling.  The umps are saying, "play ball". The patriotic activities are scheduled. The fireworks are ready-for-blasting. 

Yet, it just doesn’t feel like independence day.

Read More

bill rights2To President Thomas Jefferson, July 4th celebrated more than the signing of the Declaration of Independence. He thought it was a link to the future. The message prominent colonists sent to King George III led to the Constitution and the Bill of Rights, the initial and most prominent feature of which is the First Amendment that guarantees free speech. It’s part of the country’s fundamental essence that each man and woman can say what they feel about government, or anything else, proving President Donald Trump needs some civics lessons.

Read More

BB Menu

latter-blum2

Dead Pelican

Optimized-DeadPelican2 1 1