The Keystone XL Pipeline will be obsolete before its built.

Feb 15, 2021 


The Keystone XL pipeline will be obsolete by the time it is built because gasoline demand is down and declining, and because gasoline made from oilsands is too expensive. GM just announced that it will eliminate the internal combustion engine in by 2035 – just 14 years. Fewer gas cars will create an oil glut, and oilsands will never be able to compete.

 

American business is electrifying with or without the national government. Pipelines and oil refineries will be over-capacity. It will be better for Wisconsin to have the limited oil we need distilled in smaller northern refineries rather than shipping it to Texas and then back up north again. 

Stan Milam asked us for rational analysis, and he is right. Rep. Steil should forget what the old-timers say, and pay attention to the bottom line. 

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