Saturday, February 11, 2012

Keystone O The Apocalypse

The Politics of Keystone, Take 2 - NYTimes.com: "The second argument is that the tar sands oil won’t help the United States because it is all headed for export. This is perhaps the silliest argument of all. Right now, most of the big refineries on the Gulf Coast export around 20 percent of their refined product. Why? Because every barrel of crude oil is converted partly to diesel and partly to gasoline — and the rest of the world is far more reliant on diesel fuel than we are. The gasoline remains in the United States. Keystone wouldn’t change that equation one bit. Normally, one wouldn’t have to point out that exporting high-value products is good for the country. But, of course, improving our trade balance is irrelevant when you’re facing the apocalypse."
Du'O.