WASHINGTON – A White House official says President Barack Obama is telling the State Department it should not approve the Keystone XL pipeline unless it is sure the project will not increase greenhouse gas emissions.
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Pipeline leak detection is about to go another round in the media with TransCanada Corp.’s announcement that Keystone XL will be the safest pipeline ever built and won’t need expensive, high-tech leak detection systems. That doesn’t mean there won’t be any leak detection, it just means the pipeline will rely on computer software, flyovers and surveys rather than higher tech infrared sensors, acoustic sensors, and fiber optic cables. The difference is between detecting big leaks and small leaks (before they become big). It could be an issue for Keystone XL as it awaits approval from the US government, even if it will be the safest pipeline ever built.
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The Keystone XL is probably the most famous oil pipeline in the world. It is rarely out of the news, and millions of people eagerly follow every advancement made in its pursuit of approval from President Obama.
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More than 97,000 rail carloads of crude oil were delivered in the United States during the first quarter of the year. That’s 20 percent more than the fourth quarter of 2012 and 166 percent more than during the same period last year. Rail shipments of grain, metallic ores and minerals declined, however. Oil companies are moving more of their oil by rail because pipeline capacity can’t keep up with North American production gains. Last week, a pipeline planned from Texas to California was shelved because of the lack of shipper interest, though for rail, there’s been relative surge in crude oil traffic. It remains to be seen if that can be sustained, however.
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Things seem to be looking up for proposed pipelines to carry Alberta bitumen.
Once cool on the proposed Northern Gateway pipeline to Kitimat, B.C. and Asian markets beyond, Premier Christy Clark is planning a visit with Premier Alison Redford — and Saskatchewan Premier Brad Wall, a strong advocate for oilsands resources, may be in on the meet-up, which could occur before the June 15 Western Premiers Conference in Winnipeg.
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The Obama administration is unlikely to make a decision on the Canada-to-Nebraska Keystone XL pipeline until late this year as it painstakingly weighs the project’s impact on the environment and on energy security, a U.S. official and analysts said on Friday.
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(Reuters) – TransCanada Corp (TRP.TO: Quote) reported a 27 percent rise in first-quarter profit, and said it now expects its Keystone XL pipeline to be in service in the second half of 2015.
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WASHINGTON — The prospects for bringing large amounts of Canadian heavy crude oil into the United States by train is a contentious issue as the U.S. government weighs whether to allow the controversial Keystone XL pipeline to go ahead.
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Alberta may boost the use of renewable energy to cut carbon dioxide emissions as the province lobbies U.S. officials to approve TransCanada Corp.’s Keystone XL pipeline.
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EDMONTON – If President Barack Obama is serious about reigniting economic growth, creating jobs and ramping up exports, approving the Keystone XL pipeline should be a slam dunk.
That’s the view of many senior U.S. execs, who view TransCanada’s proposed pipeline as a key catalyst for getting the sputtering U.S. economy back in gear.
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