The Senate left Washington on Thursday after a contentious month that has left backers of the $5.4 billion Keystone XL pipeline searching for a way to get a vote to approve the controversial project after falling short on an energy efficiency bill that it was linked to.
The authors of a bill that would mandate approval, Sen. Mary Landrieu, D-La., and Sen. John Hoeven, R-N.D., said they would press for a vote after senators return on June 2. But the path ahead appears as uncertain as ever, with Hoeven looking at new legislation while Landrieu said she still wants to vote on the efficiency bill and Keystone as a package.
TransCanada CEO Russ Girling told Bloomberg this week that shipping tar sands oil by rail is a more expensive option than moving it via pipeline, but his company is examining the possibility given the latest delays in its Keystone XL project.
Overall first quarter profit for TransCanada Corp. dropped 8 percent but adjusted earnings gained and revenue was up on higher pipeline demand during the bitterly cold winter, The Wall Street Journal reports.
This isn't the first time uncertainty about the route of the Keystone XL pipeline through Nebraska has led the Obama administration to delay in a permitting decision.
President Barack Obama cited the undetermined final alignment through the state when he denied the project in early 2012. That was the same reason State Department officials on Friday gave for extending a national interest determination review of the revised route, a move that likely puts off a decision until 2015 -- until after the mid-term elections.
The decision was scored as blatantly political by project proponents over the weekend, criticism that will continue for months to come. Yet it also opens the administration to renewed public pressure from opponents to reject the $5.4 billion TransCanada line once and for all.
Obama administration officials on Friday declined to say when they might approve or deny construction of the Keystone XL pipeline from Canada, following the announcement by the State Department of a new delay in completing its review process.
Senior department officials, who briefed reporters on condition of anonymity, denied trying to slow the $5.4 billion oil sands crude pipeline project past the November elections, as critics charged after the announcement.
NELIGH, Neb. (AP) — Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project's path.
The artwork, which covers 80 acres and was done last week, reads "Heartland#NoKXL." It is the latest protest environmentalists and landowners have employed against TransCanada's proposed Keystone XL pipeline.
Critics of the pipeline want President Barack Obama to reject the project because they fear it could contaminate groundwater and contribute to pollution.
JUNEAU, Alaska (AP) — Following an intensive amendment process that began last week, the House Resources Committee on Wednesday passed out its rewrite of a bill aimed at advancing a major liquefied natural gas project.
The committee considered dozens of proposed amendments and debated many of them at length — even some that were ultimately withdrawn — over the course of several days.
Co-chair Dan Saddler, R-Eagle River, said he thought Alaskans could take comfort that the committee did "good, hard work." Rep. Peggy Wilson, R-Wrangell, said she thought the bill was fair to all concerned.
The House and Senate energy policy bills are both crafted to attract bipartisan backing and to avoid more controversial issues like the Keystone pipeline, lifting the crude oil export ban and reining in environmental regulations, Roll Call reports.
Instead of denying a threat from climate change, Republican presidential candidates like Jeb Bush and Carly Fiorina say the best hope of fighting it lies with industry and the private sector, National Journal reports.
“Real leadership means taking stands,” Democratic presidential candidate Martin O’Malley said to supporters in an email Monday after rival Hillary Clinton once again refused to take a position on the controversial project to build the Keystone XL pipeline, The Hill reports.
The National Association of Manufacturers has launched an ad campaign to block moves by the Obama administration and the Environmental Protection Agency to lower the levels of ozone allowed in the atmosphere, The Hill reports.
Lawyers for Don Blankenship have filed a motion in court, asking U.S. District Court Judge Irene Berger to exclude testimony on the Upper Big Branch mine explosion from the former Massey Energy CEO’s perjury and conspiracy trial, the Charleston Gazette-Mail reports.
More losses from China's stock market continued to pressure oil prices early Tuesday. U.S. benchmark crude dropped 36 cents to $47.03 a barrel in electronic trading on the Nymex, while in London Brent lost 78 cents to $52.69, Reuters reports.
Problems with nuclear plants being built from modules produced in the factory -- the Vogtle project in Georgia and the V.C. Summer plant in South Carolina -- have crushed hopes that the construction method would usher in a renaissance for new nuclear plants, The Wall Street Journal reports.
The problems with Japanese electronics giant Toshiba overstating profits and minimizing losses on its balance sheet stemmed in part from a Westinghouse project, most likely involving AP1000 nuclear construction in China, the Pittsburgh Post-Gazette reports.
A $1.5 billion impairment charge and continuing low prices for oil and natural gas hurt the balance sheet for Southwestern Energy in the second quarter despite an increase in production. The company posted a net loss of $815 million compared to a $207 million profit in the period during 2014, Dow Jones reports.