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TransCanada (TRP) wins a bid to lift a temporary court order blocking construction of part of...

  • Thursday, December 13, 2012, 2:33 PM ET
    TransCanada (TRP) wins a bid to lift a temporary court order blocking construction of part of its Keystone pipeline in Texas after a landowner had filed suit against the company. TRP has been battling landowners and environmental groups along the southernmost leg of its 2,151-mile pipeline between western Canada and the U.S. refining industry complex on the Texas Gulf Coast.
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This news story has 5 comments:

  •  
    Nebraska decision on the Keystone XL Pipeline by the Governor is expected around mid-January 2013. The original Keystone cuts through Nebraska but east of the XL and father away from the Sandhills and the aquifer.
    13 Dec 2012, 03:20 PM Reply Like
  •  
    Nebraska has nothing to do with the Texas pipeline. When finished that pipe will transport oil "landlocked" at Cushing to refiners on the coast. - American pipe. American oil. WTF?
    13 Dec 2012, 06:39 PM Reply Like
  •  
    But it does. If approved the Keystone XL will tie into the existing pipeline in Steele City Nebraska and then south to Cushing, OK. That pipeline has already been built. The pipeline from Cushing to the Gulf Coast is now under construction. If Nebraska turns down the application then the oil cannot be transported to the Gulf Coast (as originally planned) by pipeline. The current Keystone (already built years ago) cannot handle the amount of oil coming out of Alberta thus a larger pipe is needed to carry the oil to the Gulf.
    14 Dec 2012, 09:59 AM Reply Like
  •  
    The landowner in Texas got a judge to stop the pipeline because he contended that the oil it would transport is not really oil. And the judge went for it! Amazing!
    13 Dec 2012, 03:22 PM Reply Like
  •  
    It is the feds (read Obama) holding up the approval. That is required because the pipeline from Canada crosses the international boundary. Nebraska already supports the new route. If fed approval does not come the current construction will still be viable financially due to debottlenecking and new supply coming on stream. Best for both countries if the project is not approved. US production does not have to compete for space in the pipe. Investment money can be spent in Canada to develop a "new" customer base. The material already committed to KXL can be used eslewhere with no issue. Projects are needed - just maybe not in this format.
    16 Dec 2012, 01:06 PM Reply Like
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