December 22, 2011
Fact Check: Keystone XL Would Ship Foreign Oil To Foreign Lands

More corporate tax dodging. Excerpt: “Keystone XL would divert Canadian oil from refineries in the Midwest to the Gulf Coast where it can be refined and exported. Many of these refineries are in free trade zones where oil may be exported to international buyers without paying U.S. taxes. And that is exactly what Valero, one of the largest potential buyers of Keystone XL’s oil, has told its investors it will do. The idea that Keystone XL will improve U.S. oil supply is a documented scam being played on the American people by Big Oil and its friends in Washington DC.”

  1. marrinerkeynes posted this