Plan B Forum

On Monday, TransCanada asked their application for approval of the KeystoneXL pipeline be "paused" -- probably looking to delay until after the U.S. Presidential election. The administration said "no" on Wednesday, and today the NYT reports that the project will be rejected.
http://www.nytimes.com/2015/11/07/us/ob ... &smtyp=cur

The expected decision comes ahead of a major United Nations summit meeting on climate change to be held in Paris in December, when Mr. Obama hopes to help broker a historic agreement committing the world’s nations to enacting new policies to counter global warming. While the rejection of the pipeline would be largely symbolic, Mr. Obama has sought to telegraph to other world leaders that the United States is serious about acting on climate change.

Well done Mr. President (and its about effing time)!

Mos' folks in these here parts say, "TransCanadian"

This will not cause one fewer ounce of the tar sand oil in question from being extracted. All Obama has done is screw us and advantage the Chinese.

A triumph of politics over sound policy....

Yes, that was Harper's bluster while he completely mismanaged this file, that if we don't sell the oil to you it will be sold to the Chinese. Except that under the new Canadian government, the Northern Gateway pipeline to the Pacific coast is a dead letter, and quite probably would have been anyway even without a change in government, because B.C. and the First Nations bands in the pipeline's proposed path would never have come around to agreeing to it.

I don't profess to know how this was all supposed to work, but if the objective was to get more Alberta oil to Gulf Coast refineries, XL would still have routed all of that oil through the Cushing bottleneck, which I cannot imagine would have done anything to help the glut of oil sitting at that terminal get to its destinations any faster.

To me it would make more sense to piggyback U.S. oil imports from Alberta on the proposed repurposed and extended pipeline to eastern Canada. From there it could be brought by pipeline or tanker to U.S. east coast refineries that are at risk of shutting down becuase they rely on high priced imports.

MajGenl.Meade wrote:Mos' folks in these here parts say, "TransCanadian"

I think "TransCanadian" is a Quebecer learning to dress, live, and speak like someone from BC or Newfoundland. A British-Canadian trapped in a French-Canadian body.



yrs,
rubato

MajGenl.Meade wrote:Mos' folks in these here parts say, "TransCanadian"

I see what you did there.

Well, as a conservative, and as a Republican, I hate clean water and I hate clean air, and I rejoice in the destruction of the planet...

It's all in day's work when you're just plain evil....

it would be nice to see the US and Canada work together on energy policy, whatever that policy may be.

In the end it was the right decision. It is unfortunate how loyal the whores are to the oil and gas industry and how little they care for the rest of us.


yrs,
rubato