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Apr 27

And our tax dollars are funding a 67 month delay?

A 67 month approval process? From the Argus Leader:

The chief executive of TransCanada Corp. said Friday the long-delayed Keystone XL pipeline that would cross western South Dakota and Nebraska will be in service months later than expected and cost more because of the wait for U.S. government approval.

TransCanada had been sticking to its late 2014 or early 2015 start-up target, but the regulatory process has dragged on. It now is looking at a mid to late-2015 start-up.

CEO Russ Girling noted on a conference call with analysts detailing first quarter results that the controversial pipeline is in its 67th month of the approval process.

And…

The pipeline has become a flash point in the U.S. debate over climate change. Republicans and business and labor groups have urged the Obama administration to approve the pipeline as a source of much-needed jobs and a step toward North American energy independence. Environmental groups have pressured President Obama to reject the pipeline, saying it would carry “dirty oil” that contributes to global warming. They also worry about a spill.

Read it here.

3 comments

  1. Heath Davidson

    Mr. Yu said the regulatory process should be less onerous than building a new pipeline. However, the project will require about 160 kilometres of new connections to bring the bottom end of the Trunkline pipeline to the refinery hub in St. James, which has heavy crude refining capacity of about 1.2 million barrels a day.

  2. Nikki I. Kline

    TransCanada is seeking a Presidential Permit from the U.S. Department of State that would allow the pipeline to cross the U.S. border. The project requires numerous state and local permits in Nebraska, South Dakota, and Montana. The first approval needed is a Certificate of Compliance under the state of Montana’s Major Facility Siting Act. TransCanada expects to begin construction in 2010, with the pipeline coming in service in 2012.

  3. Erin L. Moody

    The pipeline has become a flashpoint in the U.S. debate over climate change. Republicans and business and labor groups have urged the Obama administration to approve the pipeline as a source of much-needed jobs and a step toward North American energy independence. Environmental groups have been pressuring President Barack Obama to reject the pipeline, saying it would carry “dirty oil” that contributes to global warming. They also worry about a spill.

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