Posted BY: Ben Wetmore
The Keystone Pipeline runs from Alberta to Houston, almost in a straight line south down “Tornado Alley” in America’s midwest, running from North Dakota to Texas.
The overall pipeline is 2,687 miles long, is owned by TC Energy, and carries 860,000 barrels of oil per day through its 30-inch diameter tubes. The current price of oil per barrel is roughly $80. So the pipeline is moving roughly $68.8 million worth of oil through its pipeline every day, or $25.1 billion per year.
The pipeline shut down on December 7th after a spill of 14,000 barrels of oil in rural North Kansas. The Calgary, Canada-based company received permission from the Biden administration on Friday to reopen the pipeline, though it did not give a definitive date when it would restart.
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The spill, in Washington County, Kansas, affected both farmland and a nearby creek.
Many media outlets have erroneously reported that the oil was entirely spilled into a creek. In fact, the pipeline was on a hill above a small creek and some of it flowed into Mill Creek. The creek is not connected to any source of drinking water.