TransCanada

Oil

Latest pipeline bill links approval to Strategic Petroleum Reserve

Source: 
Bloomberg

In another effort to force approval of the Keystone XL pipeline from Alberta to Texas, GOP senators on Wednesday introduced legislation that would bar use of the Strategic Petroleum Reserve unless the pipeline is approved, Bloomberg reports.

Oil

Hoeven open to pairing Keystone legislation with clean energy

Source: 
The Hill

Sen. John Hoeven, R-N.D.,  is seeking a compromise for his legislation mandating approval of the Keystone XL oil sands pipeline and tells The Hill he's open to pairing the bill with other provisions on renewable energy and efficiency.

Oil

TransCanada hopes for 2015 Keystone startup date

TransCanada has pushed back the possible startup date of a controversial pipeline that would carry Canadian oil to refineries in Texas.

The Calgary, Alberta-based company said Tuesday in an earnings release that its executives continue to work with Nebraska to determine the best route that avoids Nebraska's environmentally sensitive Sandhills region.

Last month, the administration of President Barack Obama denied a permit for the project, but left the door open for TransCanada to apply for a new pipeline route. The company said last month it expected the new application would be processed in an expedited manner so that it could be in service in late 2014.

Oil

Canadian official expects revival of nixed pipeline after U.S. election

Source: 
Reuters

Keystone XL pipeline hopes remain alive in Canada, with a top official saying he anticipates the controversial TransCanada project, rejected by the Obama administration, will be revived after the U.S. presidential election, Reuters reports.

Oil

GOP senators to link pipeline approval to highway bill

Source: 
Platts

GOP senators plan to attach a provision giving Congress authority to approve the proposed Canada-to-Texas Keystone XL pipeline to the pending transportation package, Platts reports.

Oil

Watchdog: State review of Keystone pipeline flawed, but no improper influence

State Department Deputy Inspector General Howard W. Geisel concluded in a report made public Thursday that the department's environmental review process for the controversial Keystone XL oil sands pipeline was flawed but not improperly influenced by developer TransCanada as opponents had alleged.

Sen. Bernie Sanders, I-Vt., and Rep. Steve Cohen, D-Tenn., requested an investigation last fall when it became known that the department's environmental impact statement review was prepared by a contractor that had previously worked for TransCanada. Sanders made the findings public on Thursday.

Geisel reported that the department failed to independently verify that the contractor had no conflict of interest, but he concluded there was no actual conflict.

Office of Sen. Orrin Hatch.
Oil

Hatch will try again to attach Keystone pipeline to highway bill

Senate Republicans vowed Thursday to try again to squeeze congressional approval of the Keystone XL oil sands pipeline into transportation legislation.

Senators voted overwhelmingly to bring the two-year, $109 billion transportation reauthorization bill up for debate on the floor, though without the pipeline language sought by Sen. Orrin Hatch, R-Utah, earlier this week.

"We may add the pipeline, Keystone, to it," Hatch told reporters. "I'd like to get that Keystone thing done. We'll have to see the lay of the land and see what is the 'art of the do-able' there," he added.

Oil

Rep. Mary Bono Mack press conference on Keystone XL pipeline

Washington, February 9, 2012, 11:00 am

Rep. Mary Bono Mack, R-Calif., holds a press conference in support of the Keystone XL pipeline project.  

TransCanada
Oil

One step forward, one step back for Keystone proponents

Rep. Lee Terry, the Nebraska Republican doggedly trying to get a permit for the Keystone XL oil sand pipeline that would run from Canada through his state to Texas, predicted Tuesday his own bill will go nowhere in the Senate. Within hours, senators started proving him right.

A bid by Republican Sen. Orrin Hatch of Utah to push Keystone approval language into the Senate's transportation reauthorization bill fell flat in the Senate Finance Committee, at the hands of a stated Keystone XL backer, Chairman Max Baucus of Montana.

And with that, the chances that Republicans will force the project back onto President Barack Obama's desk dimmed. The only other hope in the short term is to attach the legislation to the full-year payroll tax cut holiday extension, which itself is getting caught up in partisan politics.

TransCanada
Oil

House advances Keystone XL bill as Senate bid falls short

House Republicans pressed forward Tuesday with their efforts to force the Obama administration to approve the Keystone XL oil sands pipeline from Canada, but the legislation's future remained uncertain after an initial effort to force a similar vote in the Senate failed.

The House Energy and Commerce Committee voted 33-20 to approve the North American Energy Access Act and send it to the House floor. Just three Democrats _ Reps. John Barrow, D-Ga.,  Jim Matheson, D-Utah, and Mike Ross, D-Ark. _ joined majority Republicans in supporting the legislation.

The committee's passage was expected, as House Republicans have made the proposed $7 billion, 1,700-mile pipeline from Alberta to Texas a key plank in their jobs agenda. The bill is to be wrapped into the $260 billion, five-year Republican surface transportation and energy drilling bill that could be brought to a vote on the House floor as early next week.

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