Head of TransCanada’s Keystone XL project Les Cherwenuk has faulted Republicans for delaying the completion of the Keystone XL pipeline. A Republicans mandate in 2012 requiring President Obama to make a decision on the pipeline was issued before materials needed for approval were complete, he said. “He couldn’t [approve the project] fundamentally , since the work… Keep reading →
The first visible chink in the oil and gas sector’s stance on the Keystone XL pipeline project’s inevitability turned up this week in that house journal of capitalism, the Wall Street Journal. In his provocatively titled article, “U.S. Refiners Don’t Care if Keystone Gets Built,” Ben Lefebvre lists the host of ways that the sector… Keep reading →
When it comes to the question of whether pipeline or rail is safer for moving crude, the answer depends somewhat on the source, but pipelines are broadly understood to come out ahead, not only on safety, but also on cost and efficiency. However, newfound oil abundance in areas not traditionally associated with oil and gas… Keep reading →
The proposed 6 million ton per annum (mtpa) Jordan Cove LNG export facility in Coos Bay, Oregon has completed the front-end engineering and design and pre-construction phases, but if and when the project clears federal regulatory hurdles, it may still face political opposition at the state level. Infrastructure firm Black & Veatch and construction and… Keep reading →
A National Research Council report, which was mandatory under a 2011 pipeline safety law, found that Canadian heavy oil is no more likely to spur pipeline leaks than other crude oils are, which could bode well for the future of the Keystone XL pipeline. Of course, there is still the issue of the cold, dead… Keep reading →
The average US price of a gallon of gasoline has ticked up over the past few days, hitting $3.68/gallon on May 24 in advance of the Memorial Day start of the summer driving season, the Energy Information Administration reports. In the Midwest, the increase has been particularly acute. Midwest – or Petroleum Administration for Defense District (PADD)… Keep reading →
