For Immediate Release
Email: info [at] priceofoil.org
Nebraska Approves Keystone XL Alternative Route, Oil Change International Response
- After the projects that are currently under construction come online, ultimately by 2020, there is currently no financial commitment from Canadian tar sands oil producers for further production growth.
- There is already enough pipeline and refining capacity to cope with the production growth that is committed to.
- The future of oil demand, and consequently oil prices, is more uncertain than ever, with new technologies and environmental policies threatening to end oil’s stranglehold on transportation forever.
- As one of the most expensive to produce sources of oil in the world, the tar sands oil that would potentially fill Keystone XL has no future in a world moving toward cleaner cities and greater climate and energy security.
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Oil Change International is a research, communication, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating the coming transition towards clean energy.