Utah Division of Oil, Gas and Mining director John Baza said Monday the decision addresses concerns raised by opposition while acknowledging that U.S. Oil Sands, the Canadian company building the mine, has complied with regulations.
Alberta’s gas prices dropped 35 percent last year while oil fell 46 percent. U.S. crude prices have plunged below $50 from last year’s high above $107 after the Organization of Petroleum Exporting Countries resisted calls to cut output amid a surge of U.S. crude production.
The chamber is expected to vote on as many as three amendments to GOP-backed legislation to authorize the TransCanada Corp. pipeline on Tuesday, with more than four dozen other possibilities on the horizon.
Crude has long coursed from Canada to Oklahoma through the existing Keystone pipeline. Southeast Texas connected to that line in January last year when the Keystone XL southern leg ending in Nederland was complete, and Gulf Coast plants are already refining crude from Canadian fields.
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