Why Pipelines Are Becoming Bad Business for the US Oil Industry

 

With several major pipelines in the United States having been halted, including the Keystone Pipeline and Dakota Access Pipeline, many are wondering what these changes mean for the future of the US oil industry. Winona LaDuke, Co-Founder of Honor the Earth and former Green Party vice president candidate of Ralph Nader provided expert insight into this topic.

According to LaDuke, there’s been a fleeing of industries from pipelines. “Pipelines are a risky business, you know? And just to be clear, like to me, this is really not just a pipeline question. It’s a question of infrastructure,” LaDuke said. She emphasized that pipes are a necessity, but not for oil companies, “We do need pipes, we do need pipes, but we need pipes that are like water and sewer pipes. We don’t need pipes for oil companies. And so it’s a question of, you know, how are you going to spend your infrastructure money?”

For LaDuke, green energy is the best path forward for the industry. “It’s the end of an era. So anything you’re going to try to put in is going to be pretty much a last [ditch] effort. And the cost overruns of every project, you know, for the fantasy of a pipeline has been so egregious,” LaDuke noted.

LaDuke is optimistic that green energy will provide job opportunities, which is especially valuable in light of recent events. “One of the many things taught to us by the COVID pandemic is that we make everything in China,” she explained. LaDuke believes we need to make renewable energy in the US instead of importing parts from other countries. “We need to rebuild an industrial sector in this country. That makes sense. And that’s what the new green revolution is. That’s the one I’m part of.”

Follow us on social media for the latest updates in B2B!

Image

Latest

sustainable transformation
The Path to Sustainable Transformation Is Rooted in Strategy, Execution and Reflection
November 1, 2024

Many strive for change, yet achieving and sustaining it is a complex journey. As people chase higher goals, often in career, personal growth, or relationships, the need to reevaluate approaches to sustainable transformation becomes apparent. Research suggests that nearly 80% of New Year’s resolutions fail by mid-February, indicating a need for sustainable systems, not…

Read More
cloud-based solutions
C3 Cloud-Based Solutions Delivers Real-Time Transparency, Driver Coordination, and Simulation Tools for a Resilient Supply Chain
October 31, 2024

The logistics industry faces constant challenges as the need for efficient, cloud-based solutions intensifies. Many warehouses continue to operate manually; up to 53% of employee time is spent on non-value-adding tasks like walking and searching for items, according to industry studies. This manual approach not only hampers efficiency but leads to significant delays, errors,…

Read More
personalized solutions
Personalized Solutions Through Data Are the Future of Aligning Healthcare Staff Needs with Patient Outcomes
October 31, 2024

The healthcare industry faces unprecedented challenges, with workforce shortages pushing hospital labor costs to over 60% of total expenses. This strain is compounded by rising burnout rates among healthcare providers, particularly nurses. A recent AMN Healthcare survey revealed that nurses are prioritizing well-being and flexibility in 2024, underscoring the urgent need for personalized solutions…

Read More
Transforming Education: Connected Education Kits for Rural Markets
Transforming Education: Connected Education Kits for Rural Markets
October 31, 2024

In the latest episode of The Edge and Beyond podcast, Michelle Dawn Mooney dives into the transformative role of technology in education, highlighting Intel’s Connected Education Kits. Developed in partnership with ApplianSys, these kits are designed to bring quality digital learning to underserved and remote communities. The discussion explores how these kits are a game-changer…

Read More