Environmentalists Accidentally Win Keystone XL Fight

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It looks like environmentalists have accidentally won a battle after all:

Keystone XL is facing a new challenge: The oil producers and refiners the pipeline was originally meant to serve aren’t interested in it anymore.

….Much has changed in the oil markets since TransCanada first filed an application with the State Department in 2008 for a cross-border permit….Refiners want the flexibility of being able to buy oil from wherever it is cheapest. In a world awash in low-price oil, Canadian crude doesn’t look as attractive as it once did….Meanwhile, uncertainty about output growth from Canada’s oil sands has given producers pause about signing long-term agreements for space on a pipeline they may not need, people familiar with the matter say.

Oh well. It was being built with foreign steel anyway.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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