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Shipping our oilsands bitumen to Texas and Oklahoma through the $7 billion Keystone XL pipeline may be in doubt after the U.S. State Department announced an environmental review of alternative routes for the project. This puts the pipeline on temporary hold, jeopardizing thousands of potential U.S. jobs, until well into 2013.
Critics are savaging President Obama over the move, which amounts to shoring up the liberal swing vote in the lead-up to the 2012 presidential election. Read More

By Bradley Olson

Nov. 18 (Bloomberg) — Growth in North American crude production has created sufficient demand for both the Keystone XL pipeline and a competing project to move oil from storage in Oklahoma to the Gulf Coast, TransCanada Chief Executive Officer Russ Girling said.

The plan by Enbridge Inc. and Enterprise Products Partners LP to reverse the Seaway pipeline that flows from the Gulf of Mexico to Cushing, Oklahoma, is “not a competing project” with the Keystone XL, which would bring oil from Canada to Texas refineries, he said. Read More

TransCanada Corporation (TSX) (TransCanada) recently announced it supports proposed legislation within the State of Nebraska to move the Keystone XL pipeline project forward. This legislation, introduced earlier today in the State legislature, if passed, will ensure a pipeline route will be developed in Nebraska that avoids the Sandhills.

“I am pleased to tell you that the positive conversations we have had with Nebraska leaders have resulted in legislation that respects the concerns of Nebraskans and supports the development of the Keystone XL pipeline,” said Alex Pourbaix, TransCanada’s president, Energy and Oil Pipelines. “I can confirm the route will be changed and Nebraskans will play an important role in determining the final route.” Read More

By Deborah Yedlin

TransCanada Corp. has played the perfect hand in the ongoing game of pipeline poker that is the Keystone XL.

By agreeing to reroute the pipeline within days of the White House announcing it was going to defer a final decision by 15 months, TransCanada called U.S. President Barack Obama’s bluff, not to mention that of environmentalists who are opposing the project.

How’s that? Read More

Keystone XL - energyindependenceforstates.com

By Lee-Anne Goodman

WASHINGTON – American environmentalists admit TransCanada made a major concession by rerouting its proposed Keystone XL pipeline, but insist they’ll keep trying to prevent the controversial oilsands project from ever being built.

After months of standing by the chosen route, Calgary-based TransCanada did a prompt about-face on Monday, offering to skirt the Sandhills area of Nebraska — home of a massive aquifer that provides drinking water to millions on the Great Plains. Read More

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There are 440 pages to the agenda for this week’s meeting of the Texas A&M University System Board of Regents. The item receiving the most attention, totals three words.

Those three words are Big 12 Conference. It’s among the named topics for the Regents to consider in executive session Thursday morning. A spokesman says it’s part of a briefing by system lawyers that’s particularly directed at three new regents. No action is expected. It was just over one year ago when Nebraska and Colorado bolted that many Aggie fans called on A&M leaving the Big 12 for the Southeastern Conference.

Also in executive session, system lawyers will discuss the history of starting a law school and an undisclosed project involving the federal department of health and human services. As in the Big 12 update, no action is expected.    Read More