Pipeline Wars Seen Spreading After Fight on Keystone XL
http://www.bloomberg.com/news/2013-05-07/pipeline-wars-seen-spreading-after-fight-on-keystone-xl.html
The fight over TransCanada Corp.s (TRP) proposed Keystone XL project probably will be repeated as companies build more conduits to carry oil and gas to U.S. markets, the former chief pipeline safety regulator said.
Brigham McCown, who led the U.S. Pipeline and Hazardous Materials Safety Administration for President George W. Bush, said the lengthy review for TransCanadas application to transport a type of heavy crude from Albertas oil sands to refineries along the U.S. Gulf Coast will embolden opponents of fossil fuels.
I think this is the decade of pipelines, fighting pipelines, McCown, managing director of United Transportation Advisors, a Southlake, Texas-based consulting firm, said today at a Bloomberg Government breakfast. If you choke off the supply line, thats very important. These pipelines have kind of become our version of the Khyber Pass for people opposed to doing whatever it is we want to do. So, more to come.
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I think the people who are opposed to the oil sands and opposed to hydrocarbons in general are using the pipeline as an excuse to promote their cause, McCown said.
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