At least a dozen new oil pipeline projects are slated to move forward in the United States over the next few years, bringing controversial sources of new crude to market despite the holdup of a portion of the Keystone pipeline expansion.
A Canadian company has reapplied for a permit to build the Keystone XL pipeline that would connect the tar sands oil development in northern Alberta to the U.S. Gulf Coast, the State Department announced Friday.
I own a property in Fort Pierre, South Dakota, called the Bad River Ranch. It is a beautiful place, where we have worked very hard to restore the landscape, reintroduce native wildlife species and raise bison sustainably. But it sits about 15 miles downstream of the point where TransCanada's proposed Keystone XL pipeline would cross the Bad River, and being that close has led me to examine more closely the potential risks and benefits of a project about which I have been highly skeptical from the beginning. After careful scrutiny, I believe it is not in our national interest to pursue it.
The Obama administration rejected a bid to expand the controversial Keystone oil sands pipeline Wednesday, saying the deadline imposed by Congress did not leave sufficient time to conduct the necessary review.
Now that a congressional tax deal has been reached President Obama has one more tough call to make. He has 60 days to either approve or reject the controversial Keystone oil sands pipeline expansion project which has dogged his administration.
Jobs and energy prices will ultimately push the Obama administration to approve the controversial Keystone pipeline, analysts say, despite the protests and environmental concerns over expanding production from Canada's oil sands.
The battle over the proposed Keystone XL pipeline, which would stretch 1,700 miles through six states, from Alberta, Canada, across the U.S. heartland, and into Texas to Gulf Coast refineries, is intensifying.
For consumers, the return of $100-a-barrel oil is nothing but bad news. But investors see an opportunity: They're piling into unconventional energy stocks, betting that high oil prices could translate into big profits for some smaller U.S.-based oil companies.
A plan to bring the first oil sands development to the United States is drawing stiff opposition from environmentalists concerned about global warming and water use, but backers of the project insist their new process is safe.
We thought that since you were feeling absolutely dejected watching BP's underwater gusher spoiling the ecology and economy of the Gulf of Mexico, well, we would try to cheer you up by reminding you how the otherwise environmentally conscious Canadians are degrading their own natural splendor and national soul with oil spillage and seepage on purpose.