Tuesday, January 24, 2012

Calculating the Impact of the Keystone Pipeline

The following charts and information are gleaned from an investment newsletter called “Calculating the Impact of the Keystone Pipeline” published by U. S. Global Investors. This particular newsletter contains the following information from John Mauldin and the Global investment team.
“As it turns out, a new pipeline is not all that radical. If you drive in the U.S., you cannot go ANYWHERE for any length to time without crossing dozens of pipelines that already exist, especially in the corridor where they want to build the Keystone XL pipeline.
Let’s look at two maps. The first is a map of natural gas pipelines in the U.S. To say it looks worse than your grandmother’s varicose veins is no exaggeration. It is hard to find a state that does not have a natural gas pipeline. Without them the U.S. would simply come to a grinding halt. (The source for this map is a governmental agency, the U.S. Energy Information Administration.)”
Click on these maps to enlarge

The first map is of natural gas pipelines in the U.S.  The second map is of pipeline systems for all commodities in the U.S. and Canada and The last map is existing major oil pipelines in the U.S.  Be sure and take a look at all the entire story posted on the U.S. Global website


4 comments:

  1. Wow
    There is way more pipelines than I thought. Other than the leak in Billings last year caused by the floods I can’t remember ever reading about any problems with any of them. I do read about train derailments nearly every day so that seems on the surface at least more hazardous

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  2. When I was a kid 35 years ago there was a big pipeline ran through Hill county

    I have never heard of even one leak.

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  3. The problem is that the tar sands oil contains diluted bitumen, which is highly corrosive. For instance, from 2002 - 2010, for every 10000 miles of pipe, Alberta had 218 spills, vrs 14 in the usa caused by internal corrosion.

    http://www.nrdc.org/energy/files/tarsandssafetyrisks.pdf

    I hope they figure it all out and get to work on that needed project.

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  4. Interesting link axslinger but I wouldn't trust anything published wih the help of the Sierra Club

    How big are these leaks they cite? Where can you see accurate records that are not tainted by crazy enviros?

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