TransCanada Corp. said Monday it plans to begin building a major portion of the Keystone XL oil sands pipeline despite the Obama administration’s decision to reject a key permit for the project.
The company told the State Department in a letter Monday that it will begin construction of a section of the pipeline that runs from Cushing, Okla., to refineries on the Gulf Coast. The stand-alone portion of the project, which TransCanada dubbed the Gulf Coast Project, will cost $2.3 billion and will be completed in mid-to-late 2013, according to the company. The project must still receive other regulatory approvals.
Separately, TransCanada said it would reapply “in the near future” for a permit that would allow the Keystone XL pipeline to cross from Alberta, Canada, into the United States.
The headline on Marketwatch: White House backs Keystone XL southern pipeline.
That’s a good news story for Obama, especially since Rick, Romney and the Republicans are trying their best to make something of gas prices, which never works out like people expect.
The legacy of the Obama administration will be the tagline: “Never let the perfect be an enemy of the good.”*
*This belief system only applies to liberal or progressives convictions and principles. Ideas and projects serving the greater good, the environment, non-1%’ers, women, wombs, people of color, gays, foreclosed homeowners, Middle East countries, and individuals who wish to challenge the president in a primary. All other groups may ignore.
Taylor;
Among my interests is the effect of planetary environmental degradation and its effect on the human genome itself as well as being directly involved in autism research.
I have commented (screen name RAJ088) on an article published in the green section of the Huffington Post and I think if you follow the link you might find it very interesting as it is germane to the controvery over the X/L Pipeline:
http://www.huffingtonpost.com/stefanie-penn-spear/climate-fossil-fuels_b_1303596.html?ref=green