What good news this is - despite the destructive agenda that our president has taken to force all of us into a life of subsistence, the new norm, the oil pipe line is going ahead. This is what made this country what it is today.
When tyrants and despots try and rule out side the law, the people say to them we will decide what will happen and when. Socialists, progressive Democrats and other demagogues are not welcome.
TransCanada to Go Ahead with Part of Controversial Pipeline
Source: Wendy Koch, "TransCanada to Go Ahead with Part of Controversial Pipeline," USA Today, February 28, 2012.
To capitalize on the boom in U.S. oil production, a Canadian company announced Monday that it will split a controversial pipeline rejected by President Obama and start building the Oklahoma-to-Texas portion, says USA Today.
Calgary-based TransCanada said the southern half of the $7 billion Keystone XL project will ensure that the glut of oil produced in the upper Midwest gets to Gulf Coast refineries.
It said this portion, which won't need a presidential permit because it does not cross a U.S. border, will cost about $2.3 billion and be completed next year.
The initial 1,700-mile pipeline, intended to carry a heavy crude known as tar sands from Alberta across seven U.S. states, has become a political issue. Citing rising gas prices and the need to create U.S. jobs, Republicans have criticized Obama for denying a permit last month and siding with environmentalists who say the crude's development would exacerbate climate change.
Obama said he denied a permit because a GOP-imposed 60-day deadline did not give him enough time to decide on the project given the uncertainty over its route through Nebraska. He suggested a route running south from Cushing, Okla., and welcomed TransCanada's news.
Martin Tallett of the EnSys Energy consulting firm, says the southern pipeline could slightly lower gasoline prices by allowing more crude oil onto the international market.
TransCanada spokesman Shawn Howard says the southern pipeline will carry a light crude produced in North Dakota, Montana, Kansas, Oklahoma and Texas.
Howard says it still needs permits from local and state officials, as well as the U.S. Army Corps of Engineers.
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