‘When it comes to American energy production, President Obama is like a rooster who crows at the sunrise, then imagines that he conjured up the morning,” jokes Ben Cole of the Institute for Energy Research. The White House has been taking credit for increased oil production, when it actually was taking place on state and private lands while output on federal lands was dropping. Now, the administration is touting the construction of the southern leg of the Keystone XL pipeline, though so far the process has been entirely outside federal jurisdiction.
This southern pipeline constitutes about one third of the original proposed Keystone XL route, from Cushing, Okla., to refineries in the Gulf Coast. Cushing, at the junction of several major pipelines from around the country, serves as a sort of switching station for oil on its way to the coast. Currently there’s a glut of oil in Cushing because the pipelines to the coast are too small to carry all of the oil from Oklahoma. On top of fixing a problem with our nation’s oil infrastructure, this route will cost $2.3 billion and is estimated to create 4,000 jobs starting in 2013.
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