Only Obama Stands In The Way… TransCanada Reapplies For Presidential Permit to Build Keystone Pipeline and Create US Jobs
The Keystone Pipeline project was expected to create tens of thousands of high paying jobs in the oil industry. The project itself would create 20,000 construction jobs. And the pipeline would bring oil from Canada and North Dakota to refineries in the United States.
But it was just a big pipe dream.
With gas prices at record levels…
Barack Obama rejected the pipeline earlier this year.
TransCanada reapplied for presidential permit to build the Keystone pipeline this week.
Financial Post reported:
TransCanada Corp. on Friday reapplied to the U.S. State Department for a presidential permit to build the controversial Keystone XL oilsands pipeline, immediately triggering a new fight with opponents over the scope of a coming environmental impact study into the project.
In an interview with Postmedia News, TransCanada executive Alex Pourbaix said the Calgary-based company expects the Obama administration’s review of Keystone XL to be limited to the new rerouted portion of the pipeline through Nebraska.
“Certainly our expectation is that the only required new review would be on the actual reroute itself . . . What we are talking, in the scheme of things, (is) a relatively modest reroute,” said Pourbaix, president of TransCanada’s pipeline division.
“As we look at it, we don’t see anything material that was not reviewed in the original application, other than the specific reroute in Nebraska.”
TransCanada submitted its new application for a presidential permit just two weeks after it proposed several new routes for Keystone XL that avoid the ecologically fragile Sand Hills region of Nebraska.
President Barack Obama denied TransCanada’s original permit application in January.