Tuesday, November 03, 2015

TransCanada requests suspension of Keystone XL permit

Calgary-based TransCanada sent a letter to the U.S. State Department to suspend its application while the company goes through a state review process in Nebraska.

Congrats President Obama. You have managed to indefinitely stop the Keystone XL Pipeline, or rather, the "no-braner" as the Canadian Prime Minister with a background in energy put it.

The thousands of good paying jobs to build the pipeline won't happen. The safer transport of oil versus trucking or rail won't happen. The further development of our energy advantage, and it's strategic competitive value regarding Russia won't happen.

1 comment:

  1. Even Canada's new (and unfortunately very liberal) Prime Minister, Justin Trudeau backs the Keystone XL Pipeline. Obama is so far off base on this one. That said, I don't think the pipeline is dead for good. It will get built eventually, just none of it during this presidency.

    I guess the decision was one more thing above his pay grade.