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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTransCanada says Keystone XL’s southern leg over 90% complete; expects it in service at end 2013
Greg Palast @Greg_Palast
TransCanada says Keystone XLs southern leg over 90% complete; expects it to be in service by end of 2013.
http://business.financialpost.com/2013/08/21/transcanada-says-keystone-xls-southern-leg-over-90-complete/?__lsa=749b-ecf1
TransCanada Corp said on Tuesday its 700,000 barrel per day Gulf Coast pipeline project is now over 90 percent complete and the company expects the line to be in service by the end of 2013.
TransCanada spokesman Shawn Howard said testing and commissioning activities were underway on the line which runs from Cushing, Oklahoma, to Nederland, Texas, and is the southern leg of the controversial Keystone XL project.
Our testing and commissioning work will take place over the next few months and we continue to focus on bringing the line into service in late-2013, Howard said in an email.
(That is the entire article.)
CaliforniaPeggy
(149,296 posts)What's going on?
AverageJoe90
(10,745 posts)Even despite the fact that Obama is clearly not exactly 100% willing to back the project. EOM.
FarCenter
(19,429 posts)Currently, the price of oil in Cushing, OK is $106.42 while the price of North Sea Brent is $111.04. The difference has been larger and reflects that land-locked oil in OK is unable to get to the coast and trade for international, sea-borne oil prices. As the pipelines from Cushing to the Gulf ramp up, they will supply Gulf Coast refineries, oil imports to the Gulf will decrease and prices will equalize.