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Kinder Morgan’s Trans Mountain project would nearly triple pipeline capacity from 300,000 to 890,000 barrels of crude oil a day. It would carry oil from Alberta’s oil sands to the Vancouver area to be loaded on to barges and tankers for Asian and U.S. markets.
The head of the oil industry’s top lobbying group says the U.S. is an emerging global energy powerhouse, and can can grow even stronger if the federal government imposes fewer regulations.
Delayed infrastructure projects, industry concerns over free falling oil prices, mounting excessive and duplicative regulations, and ongoing partisan battles topped the list of energy headlines for 2014. It also topped the list of energy headlines for 2015. But while the plotlines were the same, the details and storylines changed considerably this year. That’s because this […]
A carbon tax or cap-and-trade system in the U.S. — and globally — would serve the energy industry better than the current slate of piecemeal state and federal regulations, Shell Oil Co. President Marvin Odum said Tuesday at a University of Houston energy symposium on “Carbon Tax: Is It the Right Time?”
From New England to North Carolina, scattered insurgencies have formed in opposition to a spider web of pipelines up and down the Eastern Seaboard as the nation’s energy industry seeks to move pent-up natural gas supplies.
Obama rejects Keystone XL, saying pipeline wouldn’t create many jobs, lower gas prices or boost U.S. energy security
The move ends — for now — a seven-year saga over the proposed pipeline.
Although the move stopped short of a final decision on the $8 billion project, it was seen as paving the way for an eventual rejection of the proposed pipeline.
The Calgary-based company called for a delay while a Nebraska route review is underway, a process expected to take seven months to a year.
The pause, requested in a letter from the Calgary-based company to the State Department, adds new uncertainty to the controversy over the proposed pipeline.
The developer of the Keystone XL pipeline is shifting course in Nebraska and will withdraw lawsuits seeking to gain access to the property of landowners who oppose the project, the company announced Tuesday.