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Posted October 29, 2014
Planned TransCanada Pipeline Would Allow Gulf Access, CEO Says
The Wall Street Journal: A planned Trans- Canada Corp. oil pipeline designed to ship crude from Western Canada to Eastern Canadian refineries could also be used to access the Gulf Coast, creating an end-run around U.S. permitting delays for the Keystone XL pipeline, according to the company’s chief executive.
TransCanada’s proposed 1.1 million-barrel-a-day Energy East pipeline has been positioned in Canada as a nation-building project to connect Alberta’s landlocked oil sands with refineries in Quebec and coastal New Brunswick. But Chief Executive Russ Girling said it would also open up a new route to ship heavy crude by tanker to refineries on the Gulf Coast without requiring U.S. approval, unlike the more direct Keystone XL route from Alberta to Texas.
“We can actually go all the way to the Gulf Coast without a presidential permit,” he said in an interview. “Once we’re on the water, we’ll show up just like any other crude oil in the world in the Houston ship channel.”
Read more: http://on.wsj.com/1tDAxvT
More industry news:
U.S. Oil Output Surges to Highest Since 1980s on Shale: http://buswk.co/1thP94t
Analysis: Effect of Increased Levels of Liquefied Natural Gas Exports on U.S. Energy Markets: http://1.usa.gov/1p2ArOB
The American Solution to Europe’s Energy Woes: http://on.wsj.com/1vhsrWy
U.S. Shale Spans Colorado to the Virgin Islands: http://on.wsj.com/1nPYr6V
Future of Natural Gas Industry Keeps Improving, Survey Says: http://bit.ly/1zfEGK6
About The Author
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.
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