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TransCanada Withdraws Nebraska Application for Rejected Keystone XL Pipeline

The Calgary-based pipeline operator called the move a “pause” while it considers the next steps for the controversial project, which TransCanada said it remained committed to completing. The company submitted an application with Nebraska’s Public Service Commission in October, but the bid for state approval was overtaken by a federal government decision against Keystone XL. “We believe it is inappropriate to ask the Commission to continue to move forward on a process that has legally set time lines, while we continue to consider our next course of action,” company spokesman Matt Cooper said in a statement. President Barack Obama rejected the pipeline on Nov. 6 some seven years after TransCanada requested federal permission for the project, which would link crude-oil producers in Western Canada to refineries on the U.S. Gulf Coast. Mr. Obama said the Keystone XL pipeline wasn’t in the national interest of the U.S. and would undermine […]

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Shipper opposition grows against revised Colonial Pipeline tariff

Several gasoline and distillate shippers are gearing up to fight Colonial Pipeline’s newest proposed tariff, saying a revised version will still squash competition and curb access to the critical artery that moves millions of barrels per day to the U.S. Northeast from the Gulf Coast. York River Fuels LLC, a New York Harbor marketer affiliated with Western Refining Inc, said in a regulatory filing on Wednesday that a key provision in the tariff would shut out many small shippers while favoring bigger ones like refiners that routinely ship hundreds of thousands of barrels every year. Castleton Commodities International and World Fuel Services Corp, also have asked the Federal Energy Regulatory Commission to allow them to submit arguments. Colonial, which has been full for more than three years, allocates space based on shipper history, or how many barrels shippers regularly move in 72 cycles each year. Those that move at […]

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Keystone’s death bolsters ‘keep carbon in the ground’ camp

A depot used to store pipes for Transcanada Corp’s planned Keystone XL oil pipeline is seen in Gascoyne, North Dakota November 14, 2014. For environmentalists dedicated to killing it, President Barack Obama’s rejection of the proposed Keystone XL pipeline unleashed a moment of euphoria. Activists celebrated with tequila shots at Sierra Club headquarters in San Francisco and in Lafayette Square across from the White House, site of the first anti-Keystone protests in 2011, when to most people it was just another pipeline. But last Friday’s presidential “no” to the 1,200-mile (1931 km) pipeline out of Alberta’s oil sands may signal more than just a single, if remarkable, win for environmentalists. It stands to sharpen the fissure in the green movement between those who believe direct action can jar the world off its fossil fuel habit, and others who say only a collaborative approach that engages governments and corporations can […]

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