Steele City News
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Heavy oil from Alberta will be developed with or without the proposed Keystone XL pipeline, though the fuel will be delivered to market using less efficient means, Canada’s ambassador to the U.S. said.
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Even if U.S. President Barack Obama approves the Keystone XL pipeline, Canadian crude oil probably will remain the cheapest in the world, hampering expansion of the country’s largest export industry.
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A little-noticed part of U.S. Senate Democrats’ effort to freeze the interest rates on federal student loans could have implications for the debate over the proposed Keystone XL pipeline.
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Building the $5.3 billion Keystone XL oil pipeline across the middle of the U.S. will require thousands of workers and millions of pounds of steel.
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TransCanada Corp.’s proposed Keystone XL oil pipeline would benefit U.S. employment and support efforts to tackle climate change, according to the company’s Chief Executive Officer Russ Girling.
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Canadian energy producers lobbying for U.S. approval of the Keystone XL pipeline are targeting undecided Democratic lawmakers in Washington in advance of a decision on the $5.3 billion project.
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The U.S. State Department released about 100,000 public comments it has received on TransCanada Corp.’s proposed Keystone XL pipeline, the first batch of more than 1.2 million submitted to the agency on the project.
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Building the Keystone XL pipeline would temporarily increase construction wages for some workers in three U.S. states by as much as 30 percent, according to a study by Bloomberg Government.
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TransCanada Corp. started the 590,000 barrel a day Keystone pipeline yesterday after it was shut to retrieve an inspection device.
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TransCanada Corp. has re-applied for a U.S. permit for the Keystone XL oil pipeline, seeking permission to build a $5.3 billion portion of the original project from the Canadian border to Steele City, Nebraska.
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