Keystone Pipeline – Five Years And Counting
Five years ago today, TransCanada TRP +0.57% the Calgary, Alberta-based corporation filed an application for a presidential permit to build an extension to the Keystone Pipeline. The addition was dubbed “Keystone XL,” (“KXL”) and was intended to add capacity to the existing pipeline. The Northern part of the pipeline would transport Canadian and U.S. oil …
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Making Things Right In San Bruno
A little over three years ago, a high-pressure natural gas transmission line erupted in the quiet neighborhood of Crestmoor, in San Bruno, California. The resulting explosion and fire was catastrophic. Eight people died and thirty-eight homes were destroyed. SAN FRANCISCO, CA – MAY 19: Pacific Gas and Electric president Chris Johns (L) talks with San …
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Asiana 214 Crashes At San Francisco, What Happened?
For the more than 300 people aboard Asiana Flight 214, the ten-hour flight from Seoul, South Korea to San Francisco was by all accounts, a picture perfect flight. That of course all ended in the blink of an eye as the Boeing BA -0.54% 777 wide-body jetliner owned and operated by South Korea’s Asiana Airlines …
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Why President Obama Will Say Yes to Keystone
It’s been a tough couple of weeks for the Obama administration. Benghazi, Fast and Furious, the IRS debacle, the U.S. Marshal’s Service losing a couple of terrorists all led the news cycle. Now, unanswered questions about the nominee to lead the EPA and the Department of Justice illegally seizing AP phone records has the White …
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American Airlines Grounded. Accident or Potential Cyberattack?
As American Airlines struggles to regain control of its compute systems, almost 2,000 of the company’s daily flights have already been cancelled or delayed due to an unspecified computer system outage. According to AA staff, the company has not yet provided any details as to the duration of the outage, or its cause. That said …
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Pipeline Infrastructure: Rhetoric v. Reality
At no point in our nation’s history has the role and future of our national pipeline infrastructure been subject to more careful review and scrutiny. Our 2.6 million miles of pipeline (enough to wrap around the earth 1oo times) have – for decades – transported the lion’s share of our nation’s needed energy, chemical, and …
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Oil and Gas Payment Disclosure May Harm Investors
Just last month the President promised to cut the red tape on oil and gas production, but clearly his message didn’t get through to the Securities and Exchange Commission (SEC). The SEC final rule on Section 1504 of the Dodd Frank Wall Street Reform Act of 2010 placed the most costly and burdensome reporting requirement …
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Why Rail is a Dead End Alternative to Building the Keystone Pipeline
The proposed Keystone XL pipeline is the most studied and examined infrastructure project in our nations history. It has been reviewed for five years, approved by the State Department twice, and yet, the application lingers in bureaucratic purgatory where loopholes and politics abound and where no end to the spinning is in sight. In all …
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Keystone XL Pipeline Receives Major Boost From Obama Administration.
Generally, high visibility stories come out early in the week when journalists and readers alike are focused on news. On the other hand, public relations experts hold stories they hope do not get much attention until Friday afternoon. TransCanada’s Pipeline Control Room. (Photo: Courtesy of TransCanada.) Today was no exception as the Obama Administration released …
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Sequestration and Chicken Little: The Sky is Falling! Or is it?
The Fiscal Cliff and the “Draconian Cuts” have now been enacted. Listening to Secretary of Transportation Ray LaHood (R-IL) and Secretary of Homeland Security Janet Napolitano (D-AZ), one would think that the sky is indeed going to fall. In an era of bloated budgets, everyone in Washington is now playing the blame game. Yet the 2013 …
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