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Keyword: pipeline

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  • Will Canadian Oil Be For the Lamps of China?

    02/13/2012 2:49:23 PM PST · by raptor22 · 26 replies · 1+ views
    Investor's Business Daily ^ | February 13, 2012 | IBD staff
    Energy: While our president sleeps on the Keystone XL pipeline, Canada’s prime minister is in Beijing signing a series of trade deals to ship additional petroleum to China. Halftime in America? We need a new quarterback. While Clint Eastwood, in that thinly disguised infomercial for President Obama's re-election campaign, was promising that the world would soon hear the roar of our engines, China's economy will soon be revving up with petroleum that should and could be flowing south in a pipeline the Obama administration won't build. Prime Minister Steven Harper is making good on his warning that Canada would seek...
  • Canadian PM courts China after Obama's Keystone Pipeline Rejection

    02/11/2012 6:24:11 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | February 11, 2012 | Bob Beauprez
    About three weeks ago, Barack Obama nixed the Keystone XL pipeline that would have transported 900,000 barrels of oil per day from the Canadian tar sands to the gulf coast region of the U.S.  The pipeline project would also create 20,000 direct jobs and potentially hundreds of thousands of indirect jobs according to economic analysis.   Spurned by Obama's rejection, Canadian Prime Minister Stephen Harper stated that if Canada's next door neighbor and close ally didn't want Canada's oil, then he'd pursue other markets to "diversify" the market for Canada's natural resources.  It didn't take him long. Harper was in Beijing...
  • Canada PM vows to ensure key oil pipeline is built

    02/10/2012 4:31:52 AM PST · by Former Proud Canadian · 27 replies · 1+ views
    Reuters ^ | Feb 10, 2012 | David Ljunggren
    Canada's prime minister on Friday made his strongest comments yet in support of a proposed pipeline from oil-rich Alberta to the Pacific coast, saying his government was committed to ensuring the controversial project went ahead. snip "We have abundant supplies of virtually every form of energy. And you know, we want to sell our energy to people who want to buy our energy -- it's that simple," Harper told a business dinner in Guangzhou.
  • Fantastic. China, Canada reach quick deals on oil, uranium (While Keystone XL is shelved)

    02/09/2012 1:02:22 PM PST · by SeekAndFind · 21 replies
    Hotair ^ | 02/09/2012 | Jazz Shaw
    Last month we discussed the rather alarming news that Canadian Prime Minister Stephen Harper was planning a trip to China to discuss possible natural resources deals with the economic superpower. It seemed no coincidence that the trip was announced close on the heels of Barack Obama's decision to kick the can down the road on the Keystone XL pipeline yet again. But at that time, I retained some hope that perhaps this was just a warning siren to Obama which would remind him that Canada had plenty of other options should we decide not to do business with them.Apparently Harper...
  • Poe Acts to Approve Keystone XL Pipeline

    02/09/2012 11:04:57 AM PST · by ShadowAce · 8 replies
    e-mail | 9 February 2012 | Ted Poe
    Dear (ShadowAce), Energy and jobs are two things that Americans need to survive. The Keystone XL Pipeline would provide both, free of cost to American taxpayers. That is why this week, I introduced the bipartisan Keystone for a Secure Tomorrow Act (K-FAST) to allow Congress to act immediately and approve the permit for the Keystone XL Pipeline. Congress has the obligation and the legal ability to say yes. In fact, in 1973, after years of delay, Congress took similar action and passed the Trans-Alaska Pipeline Authorization Act in order to build the Trans-Alaska Pipeline. The Keystone XL Pipeline is a...
  • White House hubris

    02/08/2012 4:05:46 PM PST · by kathsua · 2 replies
    The Hutchinson News ^ | 2/4/12 | GREGORY BONTRAGER
    The keystone pipeline was one of the most well studied, environmentally safe projects in modern history. It was not blocked by Obama because of environmental concerns, it was simply another casualty in a long list of cynical vote-getting ploys to appease Obama's radical base of support, the American People be damned. It is clear: Our Chicago politician considers his re-election more important than American jobs or energy independence. Better to dump billions into Solyndra and a host of other feel-good, politically correct scams. This administration has gone beyond corrupt or incompetent; it is placing the survival of the United States...
  • House panel approves Keystone pipeline bill (would reverse Hussein's rejection)

    02/07/2012 6:27:23 PM PST · by Libloather · 13 replies
    The Hill ^ | 2/07/12 | Ben Geman
    House panel approves Keystone pipeline billBy Ben Geman - 02/07/12 04:27 PM ET The House Energy and Commerce Committee on Tuesday approved legislation that would reverse President Obama’s rejection of the Keystone XL oil sands pipeline. The bill is the latest GOP-led effort to advance the Alberta-to-Texas pipeline. Republicans are also trying to punish Obama politically ahead of the 2012 election for failing to greenlight the project that GOP lawmakers call a way to create jobs and boost energy security. Rep. Lee Terry’s (R-Neb.) bill — which passed the powerful committee in a 33-20 vote — is likely heading for...
  • DID PRESIDENT OBAMA BLOCK THE KEYSTONE PIPELINE AS A PAYBACK TO HIS BIG CAMPAIGN DONOR?

    02/01/2012 9:34:57 PM PST · by Milagros · 34 replies
    Liberty News Online ^ | Feb. 01, 2012 | Alan Keyes
    DID PRESIDENT OBAMA BLOCK THE KEYSTONE PIPELINE AS A PAYBACK TO HIS BIG CAMPAIGN DONOR?02-01-2012 12:46 pm - Alan KeyesDid you know that the Burlington Northern Santa Fe rail line, owned by Obama's deep pocketed and extremely generous buddy Warren Buffett, stood to gain the most from cancellation of the Keystone XL pipeline. Barack Obama recently sacrificed at least 85,000 high paying jobs when he effectively killed the Keystone XL pipeline, but in doing so Obama is also apparently paying back yet another of his big donors. The cancellation of the Keystone pipeline project means that Warren Buffet's Burlington Northern...
  • Thwarted on US oil pipeline, Canada looks to China

    01/30/2012 5:15:55 AM PST · by thackney · 3 replies
    Fuel Fix ^ | January 29, 2012 | Associated Press
    The latest chapter in Canada’s quest to become a full-blown oil superpower unfolded this month in a village gym on the British Columbia coast. Here, several hundred people gathered for hearings on whether a pipeline should be laid from the Alberta oil sands to the Pacific in order to deliver oil to Asia, chiefly energy-hungry China. The stakes are particularly high for the village of Kitamaat and its neighbors, because the pipeline would terminate here and a port would be built to handle 220 tankers a year and 525,000 barrels of oil a day. But the planned Northern Gateway Pipeline...
  • Canadian oil could reach Texas by summer if Keystone alternative found

    01/29/2012 1:48:29 PM PST · by Dysart · 17 replies
    Statesman ^ | 1-26-2012 | Tom Eaton
    President Barack Obama might have rejected the enormous Keystone XL pipeline, at least for now, but that doesn't mean heavy crude from Canada won't be flowing into Texas' refineries later this year. TransCanada Corp. — the Canadian company that proposed building the $7 billion, 830,000 barrel-a-day pipeline — has some ideas that could lead to moving oil from the oil sands region in northern Alberta, Canada, to the Gulf Coast of Texas without the blessing of the president, the company said. "We are still very much committed to building this pipeline," TransCanada spokesman Terry Cunha said in an interview with...
  • Keystone Pipeline dead? Not so fast!

    01/29/2012 6:07:21 AM PST · by jda · 19 replies
    World Net Daily ^ | 28 Janaury 2012 | Dave Tombers
    When President Obama denied a permit for the $7 billion Keystone pipeline project stretching from Canada to Texas, many feared the project was dead – but a Republican lawmaker is preparing to bypass the president altogether and get the pipeline back on track. H.R. 3548, submitted by Lee Terry, R-Neb., would take the decision out of Obama’s hands and order the Federal Energy Regulatory Commission, or FERC, to issue a permit within 30 days. Some say the decision never belonged to the president anyway. {snip} Rep. Fred Upton, R-Mich., also spoke at the Jan. 25 hearing and explained that the...
  • 100 miles of pipeline stored in E. Texas field (Waiting Keystone Pipe can be seen from space)

    01/25/2012 8:06:36 PM PST · by mnehring · 16 replies
    CASS COUNTY, TX (KLTV) - From Chopper 7, the shear magnitude of what's sitting in this field is clear. This patch of land is leased by TransCanada...and it is filled with 100 miles worth of pipes. "Well, it's a storage yard. And, it's fairly common and it's prior to construction for large pipeline projects to assemble pipe in one central location and distribute it from there," Jim Prescott, a project representative with Keystone said. And, that project is the Keystone Pipeline...which is now on hold until further notice due to President Obama's rejection of TransCanada's application. "So, in the meantime...
  • Obama's Hypocrisy: Making Warren Buffett Richer

    01/25/2012 5:16:10 PM PST · by raptor22 · 12 replies
    Investor's Business Daily ^ | January 25, 2012 | IBD staff
    Hypocrisy: As the great investor's secretary sat with the first lady at the State of the Union, the president spoke of economic "fairness." Is it fair to make a supporter wealthier at the expense of the American people? During the 2008 campaign, candidate Barack Obama cited billionaire Warren Buffett as one of his economic muses. In the 2012 State of the Union address Tuesday night, the president returned to his advocacy of the "Buffett rule," a proposed minimum tax on millionaires and billionaires. To highlight his theme of "fairness," there in the first lady's box sat Buffett's secretary, Debbie Bosanek,...
  • Rep. Jan Schakowsky (D-IL) on Keystone Pipeline: ‘Twenty Thousand Jobs Is Really Not That Many Jobs’

    01/25/2012 1:55:00 PM PST · by servo1969 · 57 replies
    Big Government ^ | 1-25-2012 | Joel B. Pollak
    This morning, Rep. Jan Schakowsky appeared on the Don Wade and Roma show on WLS-AM Chicago to comment on President Barack Obama’s State of the Union address. Schakowsky praised the president’s green energy initiatives, claiming that the (recalled) Chevy Volt “is doing pretty well” and defending Obama’s failed investment in Solyndra. When the hosts asked her to defend President Obama’s decision to block the development of the Keystone pipeline, Schakowsky did not dispute that the project would create jobs, but denied that these jobs were significant: "Twenty thousand jobs is really not that many jobs and investing in green technologies...
  • BLACK-GOLD BLUES: Buffett's railroad winner from Keystone denial

    01/24/2012 12:10:44 PM PST · by IbJensen · 2 replies
    WND (Bloomberg) ^ | 1/24/2012 | Staff
    'Whatever people bring to us, we're ready to haul' (BLOOMBERG) — Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit. With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department. “Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A), said in an...
  • Obama ignores call from Americans to build Keystone Pipeline

    01/24/2012 3:30:29 PM PST · by tobyhill · 12 replies
    washington times ^ | 1/24/2012 | By Kerry Picket
    Rasmussen is reporting that the majority of voters want to see the building of the Keystone XL pipeline from Canada to Texas happen: Most voters still favor building the Keystone XL pipeline from Canada to Texas and think it will be good for the economy despite President Obama’s decision last week to delay the project for environmental reasons. The latest Rasmussen Reports national telephone survey finds that 56% of Likely U.S. Voters at least somewhat favor the pipeline, with 36% who Strongly Favor it. Just 27% are opposed, including 12% who Strongly Oppose the project. Sixteen percent (16%) are undecided....
  • How Marxism Killed Keystone

    01/24/2012 4:54:49 AM PST · by SJackson · 15 replies · 1+ views
    FrontPage Magazine ^ | January 23, 2012 | Bruce Thornton
    The global warming apocalypse and its Elmer Gantry, Al Gore, may have faded from public view lately, but that old-time green religion is still making mischief. President Obama has just delayed until after November’s election a decision on the Canadian Keystone XL pipeline. This truly shovel-ready project would create thousands of blue-collar jobs, help hold down the price of gasoline, and lessen our dependence on oil imported from thugs like Venezuela’s Hugo Chavez. The administration’s excuses for this move are preposterous. The State Department sniffed that it needs more time “to determine whether the Keystone XL pipeline is in the...
  • Labor union quits alliance with greens over Keystone pipeline

    01/22/2012 9:59:15 AM PST · by TennesseeGirl · 18 replies
    E2 Wire ^ | 1/20/2012 | Andrew Restuccia
    The Laborers’ International Union of North America (LIUNA) left the BlueGreen Alliance on Friday, citing a disagreement with the group’s members over the Keystone XL pipeline. LIUNA, a vocal Keystone supporter, took aim at other unions for opposing the project. “We’re repulsed by some of our supposed brothers and sisters lining up with job killers like the Sierra Club and the Natural Resources Defense Council to destroy the lives of working men and women,” LIUNA General President Terry O’Sullivan said in a statement. The BlueGreen Alliance, a coalition of environmental groups and labor unions, confirmed LIUNA’s exit Friday afternoon. “The...
  • Labor union quits alliance with greens over Keystone pipeline (RATS in disarray)

    01/20/2012 3:45:50 PM PST · by Libloather · 25 replies
    The Hill ^ | 1/20/12 | Andrew Restuccia
    Labor union quits alliance with greens over Keystone pipelineBy Andrew Restuccia - 01/20/12 02:35 PM ET The Laborers’ International Union of North America (LIUNA) left the BlueGreen Alliance on Friday, citing a disagreement with the group’s members over the Keystone XL pipeline. LIUNA, a vocal Keystone supporter, took aim at other unions for opposing the project. “We’re repulsed by some of our supposed brothers and sisters lining up with job killers like the Sierra Club and the Natural Resources Defense Council to destroy the lives of working men and women,” LIUNA General President Terry O’Sullivan said in a statement. The...
  • Rejecting the Keystone pipeline is an act of insanity

    01/19/2012 10:20:50 AM PST · by tobyhill · 27 replies
    Washington Post ^ | 1/19/2012 | By Robert J. Samuelson
    President Obama’s rejection of the Keystone XL pipeline from Canada to the Gulf of Mexico is an act of national insanity. It isn’t often that a president makes a decision that has no redeeming virtues and — beyond the symbolism — won’t even advance the goals of the groups that demanded it. All it tells us is that Obama is so obsessed with his reelection that, through some sort of political calculus, he believes that placating his environmental supporters will improve his chances. Aside from the political and public relations victory, environmentalists won’t get much. Stopping the pipeline won’t halt...