"... the idea that Keystone XL will decrease America's dependence on foreign oil is demonstrably false."
"2. Valero, the top beneficiary of the Keystone XL pipeline, has recently explicitly detailed an export strategy to its investors. The nation's top refiner has locked in at least 20 percent of the pipeline's capacity, and, because its refinery in Port Arthur is within a Foreign Trade Zone, the company will accomplish its export strategy tax free."
from:
http://www.policyinnovations.org/ideas/policy_library/data/01614
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