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Proponents of the Keystone XL pipeline regularly claim that the pipeline will replace heavy oil from Venezuela and elsewhere if it is built.

In fact just this week, Rep. Lee Terry (R-NE) claimed that Venezuela’s recent offer of asylum for whistleblower Edward Snowden is somehow a reason to approve the pipeline.

The reality is that crude delivered by Keystone XL will not replace anything.
- Read the Full Report Here. -
Venezuela, Mexico, and Saudi Arabia own roughly half of the heavy oil refining capacity on the U.S. Gulf Coast.  These refineries will largely continue to refine their own oil, and Canada’s tar sands crude will have to compete with

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