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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.
Environmental activism is a major reason no new pipelines — including Keystone XL — have been built to transport oil sands crude away from Alberta since 2010, according to a new report.
The impending opening of the nation’s first tar sands mine has become another front in the battle across the West between preservationists and the energy industry.
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.
The new oil-climate index delves into the greenhouse gas emissions associated with the wide spectrum of oil produced today — from light, gassy condensate to thick, sludgy bitumen.
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 singers, filmmakers and actors — including “Revenge” star Emily VanCamp and Dawn Oliveri of “House of Lies” — lay out arguments against the pipeline in a new video.
Midstream energy companies seeking to build pipelines will want more “clarity” about the regulatory process before they plunk down capital for the projects, TransCanada CEO Russ Girling said.
In a letter to the State Department released Tuesday, the EPA said plummeting crude prices could make the proposed pipeline vital to Canadian oil sands developers.
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.