G8trGr8t
01-10-2013, 07:23 PM
Will Obama find another reason to deny it now?
http://www.rigzone.com/news/oil_gas/a/123226/Nebraska_Agency_Completes_Environment_Review_of_Ke ystone_XL
Nebraska's environment agency has completed a much-anticipated review of the Keystone XL oil pipeline in the state, finding that a new route proposed by pipeline operator TransCanada Corp. avoids sensitive regions that have been a source of concern.
The final review, released Friday, triggers a 30-day deadline for Nebraska Gov. Dave Heineman, a Republican, to make a final recommendation on the pipeline to the U.S. government.
The U.S. State Department is conducting a separate review of the pipeline because it would cross the U.S.-Canada border. The State Department is expected to issue its own draft environmental review in coming days.
TransCanada says it expects to receive a permit from the U.S. government by the end of the first quarter.
The Keystone XL pipeline has been controversial since it was first proposed in 2008, but some of the fiercest opposition has come from Nebraska. Environmental groups, landowners and lawmakers balked at an earlier route proposed by TransCanada because it passed through the state's ecologically sensitive Sand Hills region.
A new pipeline route curves east of the Sand Hills but would still cross the Ogallala Aquifer, a source of drinking water and irrigation supplies, Friday's report from the Nebraska Department of Environmental Quality said. The new route also avoids many fragile soils in northern Nebraska and shallow groundwater areas
other notable developments from the oil patch
Saudi Arabia cut back production in Dec
EIA estimates increased worldwide demand next year
Monterrey Shale oil may be the budget salvation for California. Occidental has biggest holdings and should be drilling and fracking by late summer now that Cali has defined rules for fracking. More shale oil in place than in ND but geology still uncertain and techniques required to recover oil in place still uncertain.
Bakken leader Continental Resources has proven that the bakken is not the only source rock in North Dakota. They have succesfully drilled, fracked, and tested three additional layers of source rock (3 different benches of Three Forks formation). This dramatically increases the recoverable oil but the USGS will take 3 - 5 years to recognize/quantify it.
Seaway pipeline between Cushing Ok (WTI settlement location) and gulf coast was reversed this week which will bring WTI prices closer to Brent Sea
Rail tanker car orders are backlogged two years as Buffett is banking major coin moving oil out of ND by rail to California and to east coast.
US Oil and gas industry is investing billions in america creating good jobs faster than any other induustry and decreasing the flow of $$$ out of the country. If we would get serious about nat gas as a transportation fuel, we would be energy independent.
http://www.rigzone.com/news/oil_gas/a/123226/Nebraska_Agency_Completes_Environment_Review_of_Ke ystone_XL
Nebraska's environment agency has completed a much-anticipated review of the Keystone XL oil pipeline in the state, finding that a new route proposed by pipeline operator TransCanada Corp. avoids sensitive regions that have been a source of concern.
The final review, released Friday, triggers a 30-day deadline for Nebraska Gov. Dave Heineman, a Republican, to make a final recommendation on the pipeline to the U.S. government.
The U.S. State Department is conducting a separate review of the pipeline because it would cross the U.S.-Canada border. The State Department is expected to issue its own draft environmental review in coming days.
TransCanada says it expects to receive a permit from the U.S. government by the end of the first quarter.
The Keystone XL pipeline has been controversial since it was first proposed in 2008, but some of the fiercest opposition has come from Nebraska. Environmental groups, landowners and lawmakers balked at an earlier route proposed by TransCanada because it passed through the state's ecologically sensitive Sand Hills region.
A new pipeline route curves east of the Sand Hills but would still cross the Ogallala Aquifer, a source of drinking water and irrigation supplies, Friday's report from the Nebraska Department of Environmental Quality said. The new route also avoids many fragile soils in northern Nebraska and shallow groundwater areas
other notable developments from the oil patch
Saudi Arabia cut back production in Dec
EIA estimates increased worldwide demand next year
Monterrey Shale oil may be the budget salvation for California. Occidental has biggest holdings and should be drilling and fracking by late summer now that Cali has defined rules for fracking. More shale oil in place than in ND but geology still uncertain and techniques required to recover oil in place still uncertain.
Bakken leader Continental Resources has proven that the bakken is not the only source rock in North Dakota. They have succesfully drilled, fracked, and tested three additional layers of source rock (3 different benches of Three Forks formation). This dramatically increases the recoverable oil but the USGS will take 3 - 5 years to recognize/quantify it.
Seaway pipeline between Cushing Ok (WTI settlement location) and gulf coast was reversed this week which will bring WTI prices closer to Brent Sea
Rail tanker car orders are backlogged two years as Buffett is banking major coin moving oil out of ND by rail to California and to east coast.
US Oil and gas industry is investing billions in america creating good jobs faster than any other induustry and decreasing the flow of $$$ out of the country. If we would get serious about nat gas as a transportation fuel, we would be energy independent.