![]() ![]() Gulf Coast exports of refined product reached an all time high of 3.5 million barrels per day (bpd) in December 2014. Energy Information Administration (EIA), Gulf refineries in coastal Texas and Louisiana exported the majority of their refined product for the first time in 2014 (with exports reaching 50.4% of their production over the course of the year). FACT: Refineries interested in Keystone XL export the majority of their refined product.Īs we've detailed over the years, the Gulf Coast has become a major exporter of refined products-and coastal refineries now export the majority of their production. President Obama, interview with WDAY of Fargo, N.D., Feb. We should be focusing more broadly on American infrastructure for American jobs and American producers, and that's something that we very much support." It bypasses the United States and is estimated to create a little over 250, maybe 300 permanent jobs. oil, but Keystone is for Canadian oil to send that down to the Gulf. "I've already said I'm happy to look at how we can increase pipeline production for U.S. ![]() The Keystone XL tar sands pipeline is an export pipeline through the United States, designed to increase the tar sands industry's access to the international market. ![]() The Washington Post Factchecker responded with outdated and demonstrably incorrect information, relying on an industry report we've debunked and dated State Department assumptions that have since proven wrong. Meanwhile, tens of thousands of barrels of unrefined tar sands are being exported for Gulf Coast ports daily-a figure that many energy experts expect to increase dramatically should Keystone XL be permitted. petroleum exports overall in just the past decade. Sure enough, the Gulf Coast refineries the pipeline would serve already export the majority of the fuel they produce, leading a four fold increase in U.S. When he vetoed legislation meant to force approval of the proposed Keystone XL tar sands pipeline last week, President Obama noted that the project is designed largely as a way to route Canadian tar sands to the global export market. ![]()
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