The Canadian government and the US government want you to believe that the construction of the Keystone Pipeline will lead to cheaper gas prices for middle America. This selling tactic is based on the principles of supply and demand. If there is more supply for Americans in the midwest then their gas prices will decrease.
Keystone Pipeline Enables Global Competition for TransCanada
TransCanada, the oil company that wants to build the Keystone Pipeline from the Alberta Tar Sands oil to the Gulf of Mexico, can’t really sell to anyone beyond the US. This prevents them from competing on the global market, which means they have to offer us dirty oil for cheaper prices. But, what happens when they do build the Keystone XL Pipeline? The rules of supply and demand now cause their prices to rise. TransCanada and their dirty tar sands oil has now hit the global market. They can raise their prices to match that global market and the supply that was previously restricted to the US now shrinks. Supply decreases and demand rises. Guess what Americans are left with? The same fuel prices they had before the Keystone Pipeline was built.
TransCanada and the Canadian Government’s Sales Pitch
Don’t be a fool and believe what oil corporations or corrupt governments are telling you. It’s a sales pitch that won’t hold true after the Keystone Pipeline is built by TransCanada.
