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Keystone Left Behind as Canadian Crude Pours Into U.S.: Energy

2014-11-14 20:41:10| Oil & Gas - Topix.net

Delays of the Keystone XL pipeline are providing little obstacle to Western Canadian oil producers getting their crude to the U.S. Gulf Coast, with shipments set to more than double next year. The volume of Canadian crude processed at Gulf Coast refineries could climb to more than 400,000 barrels a day in 2015 from 208,000 in August, according to Jackie Forrest, vice president of Calgary-based ARC Financial Corp. The increase comes as Enbridge Inc.'s Flanagan South and an expanded Seaway pipeline raise their capacity to ship oil by as much as 450,000 barrels a day.

Tags: us left energy canadian

 

House of Representatives passes bill approving Keystone XL oil pipeline

2014-11-14 20:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Republican-controlled House of Representatives passed a bill to approve the Keystone XL oil pipeline with a resounding majority on Friday, setting the stage for a showdown in the Senate next week. The debate over completion of the controversial pipeline, which would transport crude oil from Canada to refineries in Texas, has become a cause celebre for the environmental movement and taken centre-stage in a still-ongoing Senate race in Louisiana. Hours before the House passed the bill 252-161...

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House passes Keystone pipeline bill

2014-11-14 19:42:36| BBC News | Business | UK Edition

The US House of Representatives passes a bill to approve the controversial Keystone XL oil pipeline, and it will now go to a vote in the Senate.

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Keystone Bill Expected to Pass House, but Senate in Doubt

2014-11-14 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Republican-led U.S. House of Representatives prepared to vote on Friday to approve the Keystone XL oil pipeline that will help transport oil from Canada to the U.S. Gulf of Mexico, but a companion bill in the Senate may lack votes to pass next week. The bills would circumvent the need for approval of TransCanada Corp's $8 billion project by the Obama administration, which has been pending for more than six years. Final approval would bring to an end years of jousting between supporters,...

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Economics No Longer Make Keystone XL Pipeline Viable

2014-11-14 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CNBC: A House vote on Keystone will likely come on Friday, with a Senate vote likely on Tuesday. CNBC's Eamon Javers why the Keystone Pipeline is suddenly viable again. What if they voted for a pipeline but nobody came? As Congress rushes to approve the long-delayed Keystone XL pipeline, it is questionable whether or not the project will make as much of a difference as proponents expect. Since June, crude oil has declined by 28 percent, pushing the price that oil from new wells in Canada may command...

Tags: make longer economics viable

 

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