At a time when the U.S. and Canada need it most, Keystone XL will generate more than 50,000 jobs
In the midst of the COVID-19-caused economic decline and huge job losses, it’s unfortunate that some, including Joe Biden, continue to smear Canada’s oil and gas industry. Biden, the presumptive U.S. Democratic presidential candidate, says if elected, he’ll shut down the Keystone XL pipeline project. The project is under construction, providing jobs to thousands of…
Our lack of capacity to cheaply transport crude is costing us billions. Policy-makers need to recognize the urgent need for pipelines
By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute In recent months, Canadian crude oil prices have dropped relative to other international benchmark prices, costing the economy billions in foregone revenues. The recent increase in the Western Canada Select (WCS) price discount compared to West Texas Intermediate (WTI) is largely due to…
One spill is too many but pipelines are much safer than rail for transporting oil
By Kenneth P. Green, Elmira Aliakbari and Ashley Stedman The Fraser Institute State regulators in Nebraska recently approved the Keystone XL pipeline, ending nine years of regulatory and political limbo across multiple jurisdictions. TransCanada Corp. can now build its pipeline. That’s welcome news for all Canadians, especially those concerned about oil transportation safety. More Canadian…
Buck up Canadians. Trump’s pledge to lift the U.S.’s anemic economic growth rate can only be good news for Canada
Donald Trump’s surprise victory in the presidential election, coupled with continued Republican control of both branches of the U.S. Congress, heralds significant changes in the United States' policy in trade, immigration, foreign affairs, energy and taxation. Many Canadians are understandably uneasy about the direction the U.S. may take under new leadership. At a minimum, Trump’s political…
By Kenneth P. Green and Taylor Jackson The Fraser Institute From a Canadian perspective, Donald Trump’s recent energy policy speech was both interesting and troubling. On one hand, Trump’s commitment to approve the Keystone XL pipeline – a key piece of continental energy infrastructure that became an unfortunate victim of political posturing – is a…
Rejection of the pipeline was never about climate change
By Kenneth P. Green and Taylor Jackson The Fraser Institute The Keystone XL saga has taken a new twist. On Jan. 6, TransCanada (the company that would have built and operated the Alberta to Texas pipeline) launched two lawsuits over U.S. President Barack Obama’s November rejection of the pipeline. One of the lawsuits will challenge…
A focus on worst-case scenarios loses sight of what’s vastly more likely to happen
By Kenneth P. Green and Taylor Jackson The Fraser Institute It’s been a difficult couple of weeks for Kinder Morgan’s proposed expansion of the Trans Mountain pipeline. The Santa Barbara oil spill has irritated already-sensitive public concern about oil pipelines. And as the pipeline’s review before the National Energy Board continues, several new reports commissioned…
Opposition to pipelines flies in the face of safety data
Four recent oil-train derailments – two in the United States and two in Canada accompanied by yet another drive-by rhetorical smear of the Keystone XL pipeline by U.S. President Barack Obama – have re-invigorated the debate over how Canadians and Americans transport oil. The most recent spills and explosions in Illinois, West Virginia and Ontario…
The only meaningful decision pits one U.S. agency – the EPA – against another – the State Department
U.S. President Barack Obama veto of Senate Bill 1, a.k.a. “The Keystone XL Pipeline Approval Act,” this week was not only predictable, it was virtually inevitable given a) the political polarization in the United States; b) unrelenting environmental opposition to the pipeline; and c) a certain amount of congressional overreach. But the presidential veto, and…
In the midst of the COVID-19-caused economic decline and huge job losses, it’s unfortunate that some, including Joe Biden, continue to smear Canada’s oil and gas industry. Biden, the presumptive U.S. Democratic presidential candidate, says if elected, he’ll shut down the Keystone XL pipeline project. The project is under construction, providing jobs to thousands of…
