Nebraska Sticks To Keystone XL Decision

[Rhiannon12866]

The Nebraska Public Service Commission upheld its November decision to allow the construction of the controversial Keystone XL crude oil pipeline, although it demanded a change of its route. Now the watchdog has upheld its decision in the face of opposition from the project developer, TransCanada, which wanted to build the pipeline along a shorter route.

However, Nebraska landowners who had challenged the original route considered the regulator’s decision to be a victory. Lawyers for these landowners told media after the decision was announced that it was the worst possible one for TransCanada. Still, the Canadian company said the change of route will not have an impact on the project costs and they will remain around US$6.3 billion.

Keystone XL is planned to carry Albertan crude through Montana and South Dakota, ending in Nebraska, where it would connect to the existing pipeline network that goes on to the Gulf Coast. It took the project nine years to get the final go-ahead from all authorities concerned, but this doesn’t mean TransCanada’s Keystone XL worries are over.

The company has yet to make the final investment decision on Keystone XL, after it spent four months in open season to see if there is sufficient interest from potential buyers of the crude the pipeline will transport. At the same time, TransCanada is being pressured by Albertan oil producers to make up its mind.


More: https://oilprice.com/Latest-Energy-News/World-News/Nebraska-Sticks-To-Keystone-XL-Decision.html

[DonCoquixote]

1. here is a question

Why is Trudeau considered and angel and a liberal darling while he is the one keeping XL? He could shut the whole thign down, and while the folks in Alberta would be pissed, he would gain just as many liberals in Canada, happy that they would NOT be like their southern cousin.