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Keystone Ardor Cools Among Producers with More Options
2014-02-03 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Now that the U.S. government has cleared the Keystone XL project of any dire environmental impact, attention is returning to why the pipeline was needed in the first place: to get more Canadian oil to U.S. refineries. TransCanada Corp. (TRP)s Keystone promises to ease a bottleneck thats limited how much Canadian crude can flow south. The lack of transportation has created a glut that deflated prices for producers in the country. After five years waiting for U.S. approval, though, the need for...
Tags: options
producers
keystone
cools
Keystone report raises pressure on Obama to approve pipeline
2014-02-02 21:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Pressure for President Barack Obama to approve the Keystone XL pipeline increased after a State Department report played down the impact it would have on climate change, irking environmentalists and delighting the project's proponents. But the White House signaled late on Friday that a decision on an application by TransCanada Corp to build the $5.4 billion project would be made "only after careful consideration" of the report, along with comments from the public and other government agencies....
Tags: report
pressure
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Without Keystone, oil trains may cause 6 deaths per year -US State Dept report
2014-02-02 19:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Replacing the Keystone XL pipeline with oil-laden freight trains from Canada may result in an average of six additional rail-related deaths per year, according to a U.S. State Department report that is adding to pressure for President Barack Obama to approve the line. The long-awaited study, released on Friday, focused on the environmental impact of TransCanada's $5.4 billion pipeline, but also spent several pages analyzing the potential human impact of various ways to transport oil, using historical...
Keystone XL: Conservatives make final push for US approval
2014-02-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Toronto Star: Canadas Conservative government seized on a new report to push U.S. President Barack Obama to swiftly approve the cross-border Keystone pipeline, while its political arm lashed out at U.S. opponents in a new ad. The benefits to the U.S. and Canada are clear. We await a timely decision on this project, said Natural Resources Minister Joe Oliver. Speaking shortly after the reports release, Oliver said Obama has no reason to dally once the 90-day review period is up. More at thestar.com:...
Tags: make
final
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push
In Alberta, fresh optimism for Keystone after pivotal US review
2014-02-02 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: The U.S. State Department has boosted hopes in Calgary and Ottawa for approval of the long-delayed Keystone XL pipeline with a report that concludes the project would not significantly boost greenhouse gas emissions. While TransCanada Corp.'s five-year battle for approval is far from over, the report addresses a key concern of U.S. President Barack Obama, who said last summer that he would not approve the pipeline if it drove up carbon pollution from the oil sands. "Approval or denial of any...
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