Harting Sales and Service, Inc



National & World Ag News Headlines
U.S. Set to Approve Keystone XL Pipeline
USAgNet - 03/24/2017

The Trump administration will approve the Keystone XL pipeline on Friday, senior U.S. officials said, ending years of delay for a project that has served as a flashpoint in the national debate about climate change. According to the Associated Press, the State Department will recommend that the pipeline is in U.S. interests, clearing the way for the White House to grant a presidential permit to TransCanada to build the $8 billion pipeline. It's a sharp reversal from the Obama administration, which rejected the pipeline after deeming it contrary to national interests.

The officials, who weren't authorized to speak publicly on the matter and demanded anonymity, said the State Department's recommendation and the White House's final approval would occur Friday.

The White House declined to comment, other than to say it would offer an update Friday.

The 1,700-mile pipeline would carry oil from tar sands in Alberta, Canada, to refineries along the Texas Gulf Coast, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma. The pipeline would move roughly 800,000 barrels of oil per day, more than one-fifth of the oil Canada exports to the U.S.

Oil industry advocates say the pipeline will improve U.S. energy security and create jobs, although how many is widely disputed. Calgary-based TransCanada has promised as many as 13,000 construction jobs, but the State Department previously estimated a far smaller number. The pipeline’s opponents contend the jobs will be minimal and short-lived, and say the pipeline won’t help the U.S. with energy needs because the oil is destined for export.


Other National Headlines
Real Wisconsin Cheese Curds
Zabel Equipment
Copyright © 2024 - Farms.com. All Rights Reserved.