[thackney]

TransCanada Boosts Keystone XL Cost Nearly 50% To $7.02B
http://www.rigzone.com/news/oil_gas/a/135745/TransCanada_Boosts_Keystone_XL_Cost_Nearly_50_To_702B/?all=HG2

TransCanada Corp, Canada’s No.2 pipeline company, on Tuesday raised estimated capital costs for its controversial Keystone XL project to C$8 billion ($7.02 billion) from an initial projection of C$5.4 billion, citing lengthy delays.

Keystone XL, which would carry as much as 830,000 barrels per day of Alberta oil sands crude to the U.S. Gulf Coast, has been awaiting U.S. presidential permit for more than six years amid bitter opposition from environmental groups...

TransCanada last week filed for regulatory approval of its C$12 billion Energy East pipeline, which will take 1.1 million bpd oil sands crude to refineries and export ports in Quebec and New Brunswick....

[DakotaGator]

“And I actually think the president will sign the bill on the Keystone pipeline because I think the pressure — he’s going to be boxed in on that, and I think it’s going to happen.”

What pressure?! Obama doesn't have to sign anything. The only reason he would sign a Keystone pipeline bill would be responsible behavior. And he has not once done that.

If we do not have enough votes to override a veto, Keystone goes nowhere.

[apillar]

Well the point might be moot with oil prices plummeting, it might not be financially viable to build....

[MulberryDraw]

“We will pass a budget in both chambers

What a novel idea.

[11th_VA]

This should be first item on the agenda. Will really show American people who is obstructing progress ...