• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 20 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 6 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 5 days Energy Armageddon
  • 3 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 11 hours "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 17 hours "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 14 hours "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 18 hours The Federal Reserve and Money...Aspects which are not widely known
  • 3 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 5 days Сryptocurrency predictions
  • 2 days Goldman Betting on Cryptocurrencies
  • 10 days Putin and Xi Bet on the Global South

Kinder Morgan Gets Green Light On Part Of Trans Mountain Pipeline

Canada’s National Energy Board has given Kinder Morgan the go-ahead to start construction work on a tunnel entrance in British Columbia’s Burnaby Mountain that will be part of the Trans Mountain oil pipeline expansion. The board also approved the expanded pipeline’s route in the part where the tunnel is to be built, lifting all pre-construction conditions regarding the tunnel specifically.

Though this is a rare piece of good news for Kinder Morgan in the Trans Mountain saga, it does not mean that the pipeline construction will soon begin. The NEB has yet to approve about half of the pipeline’s route, and there are also other permits to collect and lawsuits to see the end of.

Of course, there is also the fierce government opposition to the pipeline project in British Columbia that sparked a sort of trade war with Alberta. The B.C. government pledged to fight the project on all fronts, prompting Kinder Morgan’s president to react. Earlier this month, in a letter to John Horgan, the province’s PM, Ian Anderson said the motives that B.C. has given for its opposition to the expansion project were questionable, adding that new rules for oil shipments proposed by the government last week were in conflict with already completed reviews.

Related: Big Batteries Are Becoming Much Cheaper

At the end of January, the environmental ministry of British Columbia devised new rules for oil spill preparedness and response. As part of their journey from proposal to regulation, the ministry will set up a scientific advisory panel to look into whether a diluted bitumen spill in the water could be cleaned up. While the panel pursues this matter, the ministry has proposed a ban on any increase in heavy crude shipments.

The US$5.95-billion expansion project has been approved by the federal government and PM Justin Trudeau reiterated Ottawa’s support for it. Canada’s oil producers in Alberta are struggling to get their crude to the market using costlier—and riskier—railway transport because of the looming shortage of pipeline capacity.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News