Home / news / “The Fiscal Times” declare : Why the Keystone XL Pipeline May Not Get Built After All

“The Fiscal Times” declare : Why the Keystone XL Pipeline May Not Get Built After All

collected by :Maolly Tony

according to Related: Why the Keystone XL Pipeline May Never Happen, Even With Trump’s ApprovalThe Keystone XL pipeline saga is nearly a decade old and there is still no steel in the ground.
Then there is the Keystone XL Pipeline, which, like a zombie, refuses to die.
They would not have the massive seizure of public and private land problems that Keystone XL still has to go through.
So, Keystone XL might be back from the dead, but it is unclear for how long.
Similarly, those projects face fewer legal hurdles than Keystone XL, which still has to overcome local lawsuits.

referring to But here’s the thing: U.S. approval, while a great leap forward for TransCanada, doesn’t guarantee the Keystone XL pipeline will ever be built.
The recently signed continent-wide Treaty Alliance Against Tar Sands Expansion specifically identified Keystone XL as a proposed pipeline to be stopped.
In 2014, the Cowboy Indian Alliance united potentially affected farmers and Indigenous people to protest against the Keystone XL project.
By James WiltAlmost a full decade since first applying for a presidential permit, TransCanada looks set to finally receive go-ahead in the U.S. for its massive $8-billion Keystone XL pipeline.
Same goes for Keystone XL.

3 Reasons Why Keystone XL Pipeline May Never Get Built

The Keystone Pipeline Is Approved, But There May Not Be Enough Demand To Build It

But there are four new pipeline projects being discussed: Keystone, Kinder Morgan’s controversial Trans Mountain pipeline that would travel to the Vancouver area, and Enbridge’s new Line 3 pipeline that would travel to Wisconsin, which were both approved by the Canadian federal government in 2016.
Photo: Irina Groushevaia “If they’re not extracting the tar sands, they don’t have any need to transport it,” says Behar.
It’s designed to move more than 800,000 barrels of crude a day from Canadian bitumen fields (also known as tar sands; the industry prefers “oil sands”) to American refineries.
Both factors may make oil shippers a little less likely to want to commit to a long-term agreement.
On January 24, his fourth day in office, Trump tried to resurrect the Keystone XL Pipeline.

read more
visit us

Check Also

cheap stocks

Cheap stocks and its trading in financial markets

Cheap stocks, also known as Cent stocks, are ordinary shares of small public companies traded …