Keystone pipeline: Separating reality from rhetoric

President Obama stopped in Cushing, Okla., on Thursday to announce a fast-track approval process for a portion of the Keystone XL oil pipeline --although it's not the part for which he's taken political heat for blocking.

The portion likely to start construction soon runs from Cushing, a key repository of U.S. oil, to the Gulf Coast.

The full proposed pipeline, which would cross the U.S. border in Montana, is designed to bring between 500,000 to 700,000 barrels a day from the Canadian oil sands region to refineries on the Gulf Coast. It would shortcut to an existing pipe that goes through much of Canada before cutting into the United States in North Dakota on the way to Cushing.

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- Posted: 2012-03-22 10:51:41

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