TransCanada Corporation recently announced that the Keystone Pipeline system (Keystone) safely delivered its one billionth barrel of Canadian and American crude oil.
Stretching across 11 provinces and states, from Hardisty, Alta, to Port Arthur, TX, Keystone is one of the most extensive crude oil pipeline systems in North America. According to TransCanada’s media release, in addition to providing the energy to fuel the lives of individuals across Canada and the United States, Keystone has generated almost $200 million in property taxes to date and has produced over 14,000 construction jobs.
TransCanada CEO, Russ Girling, notes that this milestone is a reminder of the benefits that Keystone has created through safe, and less GHG-intensive transportation of Canadian and U.S. crude. “To put this achievement in perspective, it would take approximately 1.7 million train cars or 3.3 million trucks to transport one billion barrels of crude oil.” Furthermore, the addition of Keystone XL would reduce GHG emissions by anywhere from 28 to 42 percent, compared to emissions created through transportation by rail, tanker, or barge.
To read the full release, click here.