Nebraska approves Keystone XL pipeline

[Sundancefisher]

Looks like finally some smart common sense decisions are being made out there.

[Scott N]

That should make some heads explode.

[CaberTosser]

This is a good thing, but its still only a portion of access to the US market, we still need to bludgeon our own legislators into approving one going to each coast in order for us to realize fair market prices instead of being monopolized by our neighbor.

[Zip]

Originally Posted by CaberTosser

This is a good thing, but its still only a portion of access to the US market, we still need to bludgeon our own legislators into approving one going to each coast in order for us to realize fair market prices instead of being monopolized by our neighbor.

Yes this is true..sad really that our own decision makers on such things, don't seem to want to decide what's actually best for us at times...makes a person wonder why, what causes such stupidity..
Zip

[Jack Hardin]

They were just saying on the news that this isn't a done deal yet. Trans Canada will look at the new route to see if it's viable and profitable. When Keystone started, Oil was 3 times a much as it is today plus, Trans Canada now has to deal with all the landowners that the new route will cross.

The twining of the pipline to the BC coast will be delayed indefinitely. Although approved by the Feds, they are not interested in pushing against Provincial and Municipal opposition to it. I don't expect to see shovels in the ground in my lifetime.

[79ford]

Originally Posted by Jack Hardin

They were just saying on the news that this isn't a done deal yet. Trans Canada will look at the new route to see if it's viable and profitable. When Keystone started, Oil was 3 times a much as it is today plus, Trans Canada now has to deal with all the landowners that the new route will cross.

The twining of the pipline to the BC coast will be delayed indefinitely. Although approved by the Feds, they are not interested in pushing against Provincial and Municipal opposition to it. I don't expect to see shovels in the ground in my lifetime.

Transcanada is crying to the alberta government to buy contracted capacity on the line.... I am guessing they are having a rough time filling it. Funny how they tout free market but cry for handouts from the government while firing every worker that isnt bolted down.



They are trying to get 375 000 barrel commitment from the alberta government so the line is almost half empty if they were to build it.... and it is a direct ride to cushing which probably isnt a very appealing ride to throw your oil on if you own an oil company.

The credit is probably alittle tougher to get when all your shippers probably arent making money. They need how ever many billions to build the thing and put up with the delays so it ll be a tough sell to shove out bonds with a small coupon.

[ab_hunter]

Originally Posted by CaberTosser

This is a good thing, but its still only a portion of access to the US market, we still need to bludgeon our own legislators into approving one going to each coast in order for us to realize fair market prices instead of being monopolized by our neighbor.

X2

[CaberTosser]

Whatever the price of oil may be now, they can't simply build pipelines based on current pricing, that's where the long term averages and price forecasting comes in. If the pipe isn't in the ground already when the next price spikes occur, then it will be too late to capitalize upon and we'll still be stuck selling at a discount to the USA ......

The best time to build a pipeline is many years ago, the second best time to build one is right now.

[Lastmanstanding]

There are already court actions in the works by supposedly "stakeholder groups". XL pipeline is a long ways off yet.

If our own Governments can't get their poop together to get a pipeline East or West that is disgusting.

One market for our product and even that is being contested. Pretty sad!