TransCanada pushes back open date of Keystone
Posted Feb 15, 2012 7:16 am.
This article is more than 5 years old.
TransCanada continues to insist it will build the Keystone XL Pipeline, but it has pushed the opening date back.
The $7-billion line, which would transport Alberta crude to Gulf Coast refineries, now won’t be open until 2015 at the earliest.
The project has drawn the ire of environmentalists across the U.S. as well as legislators in Nebraska concerned about the ecologically sensitive Sandhills region, which the pipeline would run through.
The final decision on the project was put off by President Barack Obama until after this years November election, a move which was slammed by republicans and caused Prime Minister Stephen Harper to openly muse about selling more oil to China.