Tag: Keystone Pipeline
Canada needs new pipelines, as widening crude oil price differentials demonstrate
Pipeline opponents claim no new pipelines required, but market punishes Canadian producers with lower prices due to constrained shipping capacity Will the recent widening of the differential between Western Canadian Select and US benchmark West Texas Intermediate prices, which stood at over $34CDN Wednesday, finally put to rest the patently false narrative that the Alberta-based […]
Canadian oil pipeline reviews reformed to restore confidence: Gov’t
Canadian oil pipelines needed to get oilsands oil overseas Reviews of new Canadian oil pipeline projects will go through a “transition phase” while public confidence in the process is restored, says the new minister of natural resources. But James Carr says he can’t provide details of how any reforms might affect reviews of the Energy East and […]
Keystone XL developers seeks state review, drops eminent domain claim
Keystone XL reapplying through Nebraska Public Service Commission LINCOLN, Neb. – The developer of the Keystone XL pipeline is shifting course in Nebraska and will withdraw lawsuits seeking to gain access to the property of landowners who oppose the project, the company announced Tuesday. TransCanada Inc. said it will abandon its current efforts to invoke eminent domain […]
9 miles of Keystone pipeline opens door to more Houston refineries
2 million barrels a day of Houston area refining capacity now open to Keystone customers A short addition connecting the Keystone pipeline to a Houston area hub will expose shippers to an additional two million barrels a day of refining capacity, according to TransCanada and Magellan Midstream Partners. The companies have entered into a joint development agreement to […]
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