• 5 minutes Global Economy-Bad Days Are coming
  • 8 minutes IT IS FINISHED. OPEC Victorious
  • 14 minutes Venezuela continues to sink in misery
  • 17 minutes Could Tesla Buy GM?
  • 2 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 3 hours OPEC Cuts Deep to Save Cartel
  • 4 hours What will the future hold for nations dependent on high oil prices.
  • 4 hours Price Decline in Chinese Solar Panels
  • 5 hours And the War on LNG is Now On
  • 1 min How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 9 hours Alberta Cuts Push Prices Too High
  • 1 day Congrats: 4 journalists and a newspaper are Time’s Person of the Year
  • 1 hour USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 2 days Permian Suicide
  • 2 days End of EV Subsidies?
  • 2 days GOODBYE FOREIGN OIL DEPENDENCE!!

Breaking News:

Total To Boost Exploration In Mauritania

Could Iraq Be The Next OPEC Member To Exit?

Could Iraq Be The Next OPEC Member To Exit?

Just two days after Qatar’s…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

U.S. State Department To Approve Final Keystone XL Permit Friday

Pipeline

The United States Department of State is set to approve on Friday the last permit necessary for TransCanada to construct the Keystone XL pipeline, according to sources who spoke to Reuters on Thursday.

The pipeline’s road to becoming operational may still be lengthy, as states reserve the right to challenge the line’s construction. Nebraska, for example, has shown serious reservations about the project in the past.

Former President Barack Obama blocked the project in 2015 after outcry from scores of environmental protestors. The same Earth groups still oppose the pipeline.

"We will resist these projects with our allies across the country and across borders, and we will continue to build the future the world wants to see," Diana Best, a Greenpeace climate campaign specialist told Reuters this week.

White House representative Sean Spicer said that the White House would offer an update on the pipeline’s status on Friday, but did not add any new details.

President Donald Trump issued an executive order authorizing the construction of both the Dakota Access and Keystone XL pipelines during the first few days of his term. Under the order, the projects should begin construction within 60 days – a period which ends on Monday.

"Monday is the deadline, so that's what we're working towards," TransCanada spokesman Terry Cunha said.

Related: The Upcoming Surge In U.S. Oil Demand Explained In One Chart

It is anticipated that state department undersecretary for political affairs, Tom Shannon, will authorize a cross-border permit for TransCanada’s pipeline instead of Secretary of State Rex Tillerson, who recused himself from the matter due to his former career as the CEO of Exxon Mobil.

TransCanada reapplied for a permit to build the pipeline with the Department of State in January. If constructed, the Keystone XL pipeline will transport a daily average of 800,000 barrels of heavy Canadian crude from Alberta to U.S refineries.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News