It's dead, Jim
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If Keystone is resurrected how does TCPL and the G’ovt of Alberta reclaim their lost ownership equity and investments in the original pipeline? It was, after all, TCPL’s project from its very inception.
Robert Lighthizer might have his job cut out for him if it is resurrected since Biden unilaterally cancelled the project and revoked TCPL’s permit on day one of his presidency.
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Back to the subject at hand, I do not believe a blanket pardon is in order. If people engaged in violence against Capitol police, etc, pardons are likely not in order. But some commutations could be depending on the nature of the crime and the proportionality of the sentence.
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Does the US really need Keystone anymore?
@Renauda I think you spoke a while ago about how alternative lines had been put in place to transport the tar sand oil.
At some point, companies move on I think.
@taiwan_girl said in It's dead, Jim:
@Renauda I think you spoke a while ago about how alternative lines had been put in place to transport the tar sand oil.
At some point, companies move on I think.
We completed the second pipeline feed on our Transmountain line from Edmonton into Vancouver for Pacific Asian markets earlier this year. That project alone has boosted the export price of the previously discounted, upgraded oilsand* WCS into the US market.
We have moved on from Keystone although the Keystone infrastructure from Hardisty, AB to the US border remains in place and Is supplying product into the already existing pipeline networks into the US. Litigation resulting from the Keystone cancellation remains ongoing and in accordance to terms spelled out in NAFTA.
*bitumen or oilsand never “tar sand”.
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@taiwan_girl said in It's dead, Jim:
@Renauda I think you spoke a while ago about how alternative lines had been put in place to transport the tar sand oil.
At some point, companies move on I think.
We completed the second pipeline feed on our Transmountain line from Edmonton into Vancouver for Pacific Asian markets earlier this year. That project alone has boosted the export price of the previously discounted, upgraded oilsand* WCS into the US market.
We have moved on from Keystone although the Keystone infrastructure from Hardisty, AB to the US border remains in place and Is supplying product into the already existing pipeline networks into the US. Litigation resulting from the Keystone cancellation remains ongoing and in accordance to terms spelled out in NAFTA.
*bitumen or oilsand never “tar sand”.
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