Nebraska regulators block testimony ahead of Keystone XL hearings
Source: Reuters
#BUSINESS NEWS AUGUST 4, 2017 / 7:06 AM / 20 HOURS AGO
Nebraska regulators block testimony ahead of Keystone XL hearings
Valerie Volcovici
3 MIN READ
WASHINGTON (Reuters) - Nebraska regulators weighing the fate of TransCanada Corps (TRP.TO) proposed Keystone XL pipeline have ruled that opponents of the project cannot use one of their best arguments against it in final hearings next week: that America does not need the oil.
The states five-member Public Service Commission is scheduled to hold court-like hearings on Aug. 7 to 11 before deciding whether to approve the projects route, marking the final hurdle for the long-delayed project after President Donald Trump gave it federal approval in March.
While both sides are honing their arguments, the commission this week notified some 25 landowners along the pipelines proposed route that it would exclude some of their pre-written testimony against the line, including arguments that there is a limited market need for it.
Lawyers for TransCanada had objected to the argument, telling the commission the subject is beyond the scope of its consideration, and the commission agreed, according to records seen by Reuters.
The commission is charged with weighing whether the project is in the public interest of Nebraskans, and will mainly consider things like jobs, revenues, and other issues impacting the local economy.
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Read more: http://www.reuters.com/article/us-usa-pipeline-keystone-idUSKBN1AK16D