The Keystone XL pipeline is one step closer to reality, following the State Dept.'s release of a draft supplemental environmental impact statement on the project.
Environmental organizations and the oil-and-gas industry say one of the first litmus tests for President Obama's second term is his highly anticipated decision over a permit for the Keystone XL pipeline.
Opinions are split on whether TransCanada's revised proposal to build the Keystone XL crude-oil pipeline from Alberta to the Gulf of Mexico will pass muster with the Obama administration.
A new round in the fight over the Keystone XL pipeline has begun, as TransCanada reapplied for a U.S. permit to build the controversial $7.6-billion, 1,600-mile-long project, which would carry crude oil from Alberta's tar sands to the Gulf of Mexico.
The Keystone XL pipeline—an approximately $7-billion project that complements the original Keystone Pipeline and nearly doubles the size and capacity of the system with an extension to the Gulf Coast—has been in the planning stages since 2008.
Two energy-industry heavyweights are teaming to expand the Seaway Pipeline to more than double its capacity to transmit crude oil from Canada and the northern U.S. to the Gulf Coast.
A group of 45 Senate lawmakers —all but one of whom are Republicans—is attempting to revive the Keystone XL crude-oil pipeline project, which President Obama nixed last month.
