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News & Current Events Discuss Senate Keystone XL backers shy two votes at the General Forum; Senate Keystone XL backers shy two votes By Zack Colman | November 13, 2014 | 5:31 pm Topics: Congress Senate ...

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Default Senate Keystone XL backers shy two votes

Senate Keystone XL backers shy two votes
By Zack Colman | November 13, 2014 | 5:31 pm
Topics: Congress Senate Louisiana 2014 Elections PennAve Keystone XL Energy and Environment Mary Landrieu Bill Cassidy
Photo - Pipe is stacked at the southern site of the Keystone XL pipeline on March 22, 2012 in Cushing, Oklahoma. (Photo by Tom Pennington/Getty images) Pipe is stacked at the southern site of the Keystone XL pipeline on March 22, 2012 in Cushing,...

Supporters of a Senate bill that would approve the Keystone XL oil sands pipeline are two votes shy of the 60 needed to proceed to a vote.

The targets leading up to the expected Tuesday vote are Sens. Michael Bennet, D-Colo., and Bill Nelson, D-Fla. If they back the bill, it could give lead sponsor Sen. Mary Landrieu, D-La., a victory that might give her a boost in her Dec. 6 runoff contest against Republican challenger Rep. Bill Cassidy, who is leading in polls.

Bennet, chairman of the Democratic Senatorial Campaign Committee, which is charged with getting Democrats elected to the upper chamber, refused to answer reporters when asked which way he would vote. Nelson, whose seat is up for grabs in 2016, told the Washington Examiner simply, "Stay tuned."

All 45 Republican senators back the bill, which has Sen. John Hoeven, R-N.D., as the lead Republican sponsor. It would approve the Canada-to-Texas pipeline, which has been in administrative limbo for six years as builder TransCanada Corp. awaits a cross-border permit to complete the northern leg.
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National Republican organizations have pointed to Landrieu's struggles to pass her Keystone XL legislation as proof that she lacks clout, though she has based much of her campaign on her dealmaking abilities and her senior position on the Senate Energy and Natural Resources Committee. She would be the top Democrat if she wins re-election.

But as Landrieu and Hoeven work to convince Bennet and Nelson, the House will be passing identical legislation Friday that Cassidy is sponsoring.

"After failing for the last six years to pass the Keystone [XL] pipeline, the clock has run out on desperate Democrat Mary Landrieu," said Brook Hougesen, an NRSC spokeswoman.

Sen. Tom Carper, a Delaware Democrat who opposed Landrieu's bill when it came up in May but said he would vote for it this time, said Landrieu's task is much harder than Cassidy's when it comes to getting Keystone XL through the chamber.

"If Mary is successful here in corralling these Democrats ... that's a far bigger accomplishment, a far harder thing to do. And we would hope and expect that she gets some credit," Carper told reporters Thursday.

Even if the bill doesn't clear the upper chamber, Hoeven said it will pass when Republicans, combined with supportive Democrats, have a filibuster-proof majority in January. Hoeven expects a veto from President Obama, since Obama's press secretary said Wednesday the president has taken a "dim view" of similar legislation. But Republicans could tie it to a broader energy or spending bill to build enough support to override a veto.

"If the president vetoes it we'll bring it back and combine it something that will get additional support. So I think we'll get it either way," Hoeven said.

The question in the near term becomes: How much do Democrats want to help an ailing Landrieu?

Bennet's moves will be closely watched. He told the Wall Street Journal in May that he supports the pipeline, and said that the project had "become ridiculously political." And as head of the DSCC, which notched wins in only two contested races last week, Bennet still at least has Landrieu to work for.

Not that that's how Bennet is approaching the vote.

Sen. Jon Tester, D-Mont., who was named the next DSCC chairman on Thursday, wouldn't speak about what Bennet would or should do given his role as current chairman.

"Here's how I look at it — you're a U.S. senator first," Tester said in response to a question from the Examiner. "You've got to do what's right for the U.S. Senate."
Senate Keystone XL backers shy two votes | WashingtonExaminer.com
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U.S. State Dept to approve Keystone pipeline permit...

U.S. State Dept to approve Keystone pipeline permit: Politico
Thu Mar 23, 2017 | The U.S. State Department will approve by Monday the permit needed to proceed with construction of the Canada-to-United States Keystone XL oil pipeline, a project blocked by former President Barack Obama, according to Politico.
Quote:
The approval of the permit would mark the beginning of process that could be lengthy and complicated by approvals needed by state regulators and legal challenges. But President Donald Trump, a Republican, supports Keystone and days after he took office in January ordered its construction. That could mean that project, first proposed in 2008, will eventually be completed. The State Department's undersecretary for political affairs, Tom Shannon, will approve the cross-border permit for TransCanada Corp's pipeline on or before Monday, the report said. Monday is end of the 60-day timeline that Trump ordered in January when he issued an executive order for the construction of Keystone and the Dakota Access pipelines. The Keystone pipeline would bring more than 800,000 barrels-per-day of heavy crude from Canada's oil sands to U.S. refineries and ports along the Gulf of Mexico, via an existing pipeline network in Nebraska.


A depot used to store pipes for Transcanada Corp's planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota

Obama had rejected the pipeline saying it would do nothing to reduce fuel prices for U.S. motorists and would contribute emissions linked to global warming. TransCanada resubmitted its permit application after Trump's executive order. Spokesman Terry Cunha said the company was working closely with the State Department. "Monday is the deadline, so that's what we're working towards," Cunha said. A State Department official said there was no decision to announce on Keystone. A White House official did not immediately comment. Conservatives said they supported quick approval. Nick Loris, an energy and environment researcher at the Heritage Foundation, said approval would "reestablish some certainty and sanity to a permitting process that was hijacked by political pandering."

Environmental group Greenpeace had pushed for Secretary of State Rex Tillerson to recuse himself from a decision on Keystone, as Exxon Mobil Corp, the company Tillerson recently headed, could profit from the pipeline. Tillerson did recuse himself. "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 said. A stretch of Keystone XL also awaits approval from Nebraska regulators. Transcanada has to file its pipeline route plans with the state's Public Service Commission, which is required to hold public hearings on the proposal.

State Dept to approve Keystone pipeline permit: Politico | Reuters
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Now the project faces the possibility of death by economics...

Keystone XL Pipeline Survives Politics But Economics Could Plug It
Thursday 3rd August, 2017 - The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics.
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Low oil prices and the high cost of extracting Canadian crude from oil sands are casting new doubts on Keystone XL as executives with the Canadian company that wants to build it face the final regulatory hurdle next week in Nebraska. The pipeline proposed in 2008 has faced dozens of state and federal delays, many of them prompted by environmental groups who ultimately persuaded President Barack Obama to deny federal approval in November 2015. President Donald Trump resuscitated the project in March, declaring that Calgary-based TransCanada would create "an incredible pipeline." In this July 29, 2017 photo, corn farmer Jim Carlson of Silver Creek, Ne., waits to be interviewed by a television reporter while standing in front of solar panels he is building on his land in the proposed path of the Keystone XL pipeline.

Future of pipeline unsure

After all that, a TransCanada executive raised eyebrows in the energy industry last week when he suggested that the pipeline developer doesn't know whether it will move forward with the project. Paul Miller, an executive vice president who is overseeing the project, told an investor call that company officials won't decide until late November or early December whether to start construction. "We'll make an assessment of the commercial support and the regulatory approvals at that time," Miller said in the conference call Friday with investors. The company has invited customers to bid for long-term contracts to ship oil on the pipeline. The bidding will run through September.


Delays have hurt project

An energy expert said the project has been delayed so long it may no longer make economic sense. "Frankly, in the current price climate, it's probably not going to be a going venture unless there's a massive improvement in technology" for processing Canadian crude, said Charles Mason, a University of Wyoming professor of petroleum and gas economics. Crude oil was trading at around $49.50 a barrel on Wednesday, down from highs of more than $100 in 2014. The 1,179-mile pipeline would transport oil from tar sands deposits in Alberta, Canada, across Montana and South Dakota to Nebraska, where it would connect with existing pipelines that feed Texas Gulf Coast refineries. South Dakota and Montana regulators have approved the project, although there are legal challenges pending in both states. Only Nebraska has yet to give regulatory approval. The rest of the route for the oil to the Gulf would travel an existing pipeline in the network.

A lower-value product

Mason said the biggest economic problem is that synthetic crude from the Canadian deposits is considered a lower-value product because it tends to be heavier, and thus more expensive to refine into gasoline and jet fuel. It's also more expensive to extract than other oils. Producers have also found other ways to ship oil, primarily by train, and many are reluctant to sign long-term contracts with a pipeline that wouldn't go into operation for several more years, said Jeff Share, editor of the Houston-based Pipeline and Gas Journal, a leading industry publication. Given the difficulties, Share said TransCanada has probably a "50-50" chance of completing the project. The five-member Nebraska Public Service Commission is supposed to decide by Nov. 23 whether the project serves the public's interests, based on evidence presented by attorneys in a formal legal proceeding beginning Monday and a series of public hearings held over the last few months. The elected commission is comprised of four Republicans and one Democrat.

Protests continue in Nebraska
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Old 08-03-2017, 11:22 PM
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Default Re: Senate Keystone XL backers shy two votes

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Originally Posted by waltky View Post
Now the project faces the possibility of death by economics...

Keystone XL Pipeline Survives Politics But Economics Could Plug It
Thursday 3rd August, 2017 - The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics.
Baloney. The pipeline is gonna go through. If not for tar sands of Canada then the Bakker oil fields of North Dakota.

Oil will not stand a $30 a barrel. Meanwhile Texas, Oklahoma and S Eastern Illinois refineries want that oil over the risky and volatile priced stuff from Venezuela and the ME.

Slow down and delays, no. More like no frantic hurry to do it but it will get done. And when the Anwar fields are allowed, it will connect to them.

The Koch Bros have too much invested. It will happen.
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