Installing the Keystone XL Pipeline would be beneficial because it would reduce the amount of oil imported from the Middle East, Venezuela, and other unstable countries. Currently the U.S. consumes more than 15 million barrels of oil each day, eight to nine million barrels or 60% of that oil is imported from other countries. The instillation of this pipeline could displace much higher priced oil currently imported from over seas. This is backed up by the 2012 US Department of Energy study stating, “Increased Canadian oil imports will help reduce U.S. imports of foreign oil from sources outside North America.” A study done by EnSys for the Department of Energy Office of Policy and International Affairs found that, growing Canadian oil sand imports and U.S. demand reduction have potential to considerably minimize U.S. dependency on non-Canadian
Installing the Keystone XL Pipeline would be beneficial because it would reduce the amount of oil imported from the Middle East, Venezuela, and other unstable countries. Currently the U.S. consumes more than 15 million barrels of oil each day, eight to nine million barrels or 60% of that oil is imported from other countries. The instillation of this pipeline could displace much higher priced oil currently imported from over seas. This is backed up by the 2012 US Department of Energy study stating, “Increased Canadian oil imports will help reduce U.S. imports of foreign oil from sources outside North America.” A study done by EnSys for the Department of Energy Office of Policy and International Affairs found that, growing Canadian oil sand imports and U.S. demand reduction have potential to considerably minimize U.S. dependency on non-Canadian