Sunday, November 24, 2013

Keystone Foes Seek to Thwart Oil Sands Exports by Rail

Environmentalists opposed to the Keystone XL pipeline are expanding their fight against imports of Canadian heavy crude oil by trying to block rail projects that offer another way for it to enter the U.S. “Debating rail or pipelines is like debating which kind of poison you want,” Daniel Kessler, a spokesman for 350.org, an environmental group, said in an interview. “There is a substantive effort under way in many places to block rail.” Environmental groups including 350.org oppose Keystone because they say it would promote development of oil sands, a type of crude that releases more greenhouse gases in its production and refining than other forms of oil. Canada, the biggest foreign supplier of oil to the U.S., has lobbied hard for the pipeline to promote growth of its energy industry. The use of trains to carry crude is increasing in both the U.S. and Canada as production outstrips the capacity of pipelines to transport the bounty. In Canada, producers are rushing to secure rail cars while U.S. President Barack Obama reviews Keystone, a $5.4 billion pipeline TransCanada Corp. (TRP) wants to build to link the oil sands in Alberta with refineries on the U.S. Gulf of Mexico...more

No comments: