Billionaire activist Tom Steyer’s new anti-Keystone XL video is devoid of facts. Keystone XL will support tens of thousands of jobs, spur economic growth and put us on the path to energy security – no wonder Americans overwhelmingly support it.

FACT: Keystone XL Will Be A Boon to US Economy

Fiction: Keystone is only going to drive the price of oil up.

Fiction: Keystone XL oil sands will be exported to China.

42,100JOBS

4,000+JOBS

$2B

will createalready createdw/ great salaries and benefits

into worker’s pockets

$3.3Bon constructionmaterials

“These jobs are really good-paying jobs. They provide not only a good living wage, they provide health care and they also provide pension.”– Union Business Manager

Fiction: Keystone XL won’t benefit the economy

gas prices will not go up

because of Keystone XL

- Obama State Department

FACT: The law of supply and demand says otherwise: the more oil supply, the lower the cost of oil

- International Energy Agency (IEA)

North American oil production, and particularly

oil sands, is sending

“shock waves” through global

markets slashing U.S. imports from OPEC

North American oil sands supply will

grow by 3.9 million

barrels per day from 2012 to 2018

- IEA

North America will provide 40 percent of new energy

supplies by 2018 through the development of oil sands, while contributions from

the Organization of Petroleum Exporting Countries (OPEC)

will fall to 30 percent.- IEA

US law does not allow for export of crudeoil without

a permit.

The opposite is likely true, if President Obama rejects Keystone XL, Canada will look to other markets, including China.

Keystone XL will feed many US refineries that will upgrade the crude oil into more valuable products that consumers use every day. Of course if we don’t approve Keystone XL then Canada’s oil sands could go to China instead of America.