oil pipeline

9:50AM
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The Council managed to cobble together a very scary scenario. However, in doing so, they committed errors of omission and commission that render their report essentially meaningless.


4:00PM
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On Feb. 24, President Barack Obama vetoed Senate Bill 1, a.k.a. “The Keystone XL Pipeline Approval Act.” Mr. Obama’s action 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 over-reach.


2:00AM
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The Obama administration has been punting a decision on the Keystone XL pipeline for five years now, and there’s no sign the president’s kicking leg is getting tired.


2:00AM
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Activists in British Columbia have responded to the National Energy Board's approval of the Northern Gateway oil pipeline with threats of illegal activism reminiscent of the 1990s. Greenpeace spokesman Mike Hudema, for example, said his group will "do what it takes" to ensure the pipeline is never built (and he specifically mentioned civil disobedience).


2:00AM
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Following the U.S. government’s delay in approving the much-hyped Keystone XL pipeline, many pundits turned their attention to the possibility of a new pipeline from the oilsands to BC’s west coast that would allow Canada to ship larger amounts of oil to world markets, which currently offer a premium price relative to the U.S. Midwest.


2:00AM
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BC Premier Christy Clark’s demand for payments in return for permission to ship oil across BC lands is ill advised. It does not matter whether this payment takes the form of a claim on Alberta’s royalties or is based on the amount of oil flowing through the pipe; it is equivalent to a tax on trade and which, like tariffs on imports from abroad, results in high administrative costs, raises consumer prices and lowers living standards of all Canadians. It is rightly prohibited by federal legislation.