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Thread: Keystone XL operator seeks South Dakota approval

  1. #1
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    Default Keystone XL operator seeks South Dakota approval

    SIOUX FALLS, S.D. — The operator of the long-delayed Keystone XL crude oil pipeline on Monday formally asked South Dakota's utility regulators to recertify the portion of the project that runs through the state.

    The Public Utilities Commission must recertify that the conditions for construction of that portion of the pipeline haven't changed since the permits were first issued in 2010. State rules dictate permits must be reapproved if the construction of the project does not start within four years of their issuance.
    The company says the project would generate $20 million in taxes per year for the counties through which the pipeline would run, as well as 4,200 jobs in the state and about $200 million in wages associated with those jobs.

    The Obama administration said in April it was putting off its decision on whether to approve the pipeline indefinitely. A decision now isn't expected until after the November elections.
    Keystone XL operator seeks South Dakota approval

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    Default Re: Keystone XL operator seeks South Dakota approval

    This interesting story came out after a hearing on the South Dakota permit to continue the Keystone XL across South Dakota land.

    At the South Dakota Public Utilities Commission hearings this week in Pierre, attorneys for tribes and community groups fighting against the pipeline asked some tough questions of TransCanada’s witnesses based on a document previously entered into evidence — a move that took TransCanada by surprise, even though it was the company’s own report.

    The TransCanada document — first made available online by DeSmog — is a ‘root cause analysis’ of the serious corrosion problems discovered on its Keystone 1 pipeline after only two years in operation.

    The report confirmed that the pipeline suffered at least six defects, including one spot where the pipeline had corroded 96.8 percent through the wall.
    This newly exposed document and other evidence call into question the integrity of TransCanada’s entire pipeline building business.

    Even for those who support the KXL pipeline, would anybody be willing to stand behind a high-risk, badly built one?
    TransCanada's Self-Inflicted, Possibly Fatal Keystone XL Blunder*|*Brendan DeMelle
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    Default Re: Keystone XL operator seeks South Dakota approval

    Looks like the denial of the construction permit didn't affect TransCanada much. Business continues and acquisition of a competitor has moved forward.
    This now means TransCanada will have a staggering 57000 miles of pipeline under their control across North America.

    TransCanada, which last year failed to win approval of the Keystone XL Pipeline, has reached a deal to acquire a U.S. gas pipeline company.
    Calgary, Alberta-based TransCanada will acquire Columbia Pipeline in a deal worth $13 billion.
    TransCanada CEO Russ Girling said on a conference call that the deal would give the company a strong position in the two most lucrative gas regions on the continent: western Canada and the Utica and Marcellus.

    Houston-based Columbia is a master limited partnership that operates about 18,000 miles of pipelines and 286 billion cubic feet of storage capacity. The company nearly doubled its full-year profit in 2015 to $530.2 million.
    Keystone Pipeline company TransCanada acquires Columbia Pipeline

    Business continues as usual.
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    Default Re: Keystone XL operator seeks South Dakota approval

    Quote Originally Posted by fxstc07 View Post
    Looks like the denial of the construction permit didn't affect TransCanada much. Business continues and acquisition of a competitor has moved forward.
    This now means TransCanada will have a staggering 57000 miles of pipeline under their control across North America.


    Keystone Pipeline company TransCanada acquires Columbia Pipeline

    Business continues as usual.
    I think that is the company my neighbor works for, Columbia pipeline,well at least that is what I remember seeing on the truck that is parker there most of the day.. Now I can ask him if he gets paid in US dollars or Canadian dollars..

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    Default Re: Keystone XL operator seeks South Dakota approval


    pipeline on wheels thundering past your backyard

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    Default Re: Keystone XL operator seeks South Dakota approval

    Quote Originally Posted by bean View Post

    pipeline on wheels thundering past your backyard
    Do you know what's in those tanks ?
    Do you know that we have over 2 million miles of pipelines now ?
    Aren't you all for free trade ?
    By rail, by truck, by pipeline.
    What's the problem ?
    crazy and 222lifer like this.

 

 

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