Keystone XL

Keystone XL Pipeline
11:37 am
Mon April 21, 2014

TransCanada stocks drop after KXL delay

Legal opposition in Nebraska is slowing the federal approval process concerning the Keystone XL Pipeline.
NPR

The Obama administration’s slow movement on the Keystone XL pipeline appears to have caused TransCanada Corp.’s stock to drop sharply.

Bloomberg reported TransCanada’s stock down 3.78 percent at noon ET on Apr. 21. That’s the sharpest one-day drop in two years for the Canadian petroleum company.

On Apr. 18, the U.S. State Department announced that it would delay its decision on the northern leg of TransCanada’s Keystone XL pipeline until after a Nebraska court ruling concerning the project.

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Keystone XL Pipeline
9:53 am
Tue March 25, 2014

Texas Supreme Court will not review ruling favoring TransCanada

Crews building the Keystone XL pipeline in 2013. The southern leg of the project, which runs through Northeast Texas, has been completed and is operating.
Mark Haslett

Lamar County landowner Julia Trigg Crawford’s petition for review of a lower court’s ruling in favor of TransCanada Corp. has been denied by the Texas Supreme Court. Crawford had been contesting the Canadian company’s right to build the Keystone XL pipeline through her family’s farm in northwestern Lamar County.

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Keystone XL Pipeline
10:59 am
Tue February 25, 2014

Canadian govt. investigating TransCanada safety

TransCanada is based in Calgary, Alberta, Canada. The Keystone XL Pipeline project is designed to deliver tar sands crude oil from Alberta to the U.S. Gulf Coast.
NPR

A Canadian government agency is investigating whether some fittings and steel pipe on TransCanada Corp.’s Keystone oil pipeline are below standards.

Canada’s National Energy Board began the work after a similar U.S.agency, the Pipeline and Hazardous Materials Safety Administration, began a similar investigation, according to a report by Bloomberg News.

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Keystone XL Pipeline
9:56 am
Thu November 7, 2013

Texas farmer wins Keystone-related entry in suit against USACOE

The federal courthouse in Lufkin, where a Douglass farmer has filed against the U.S. Army Corps of Engineers.
www.txed.uscourts.gov

A farmer in Southeast Texas has won an entry of default in a federal lawsuit against the U.S. Army Corps of Engineers. According to a report by New York-based Bloomberg News, the U.S. Army Corps of Engineers failed to respond to a lawsuit filed by Michael Bishop of Douglass, a small town about 15 miles west of Nacogdoches.

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