Canada Plans Strategic Pipeline Infrastructure while US Stalls on Keystone

Canada continues to push ahead with a strategic plan for its own energy pipeline infrastructure as the United States has yet again delayed a decision on the controversial Keystone XL Pipeline designed to take the hydrocarbon product of Alberta’s oil sands to the American Gulf Coast. The Office of the Inspector General (OIG) of the U.S. State Department has opened an investigation to look at whether contracts were wrongfully awarded in the review process for the Keystone XL and to examine whether the regulatory safeguards that were adopted are proper.

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Trucks, Trains, or Pipelines – The Best Way to Transport Petroleum

The U.S. is the most fully developed petroleum transport nation – we have crude oil, natural gas, gasoline, and diesel and jet fuel in transit 24/7/365 – mostly in pipelines.  Lives lost are rare and environmental damage while awful at leak locations is a tiny amount of the total product moved.

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Why Considering the Environmental Impact of Keystone XL is Irrelevant

Last week President Obama unveiled a new plan to combat climate change in a speech at Georgetown University. While there is generally broad consensus that his comments further threaten the already battered US coal industry, his comments on TransCanada’s (TSX: TRP, NYSE: TRP) Keystone XL pipeline project had pundits guessing at his meaning. Here is what the President said in his speech about Keystone XL:

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