Energy: The further review the administration said was needed is done, with a Nebraska environmental agency saying it's safe to build the pipeline that will bring oil, jobs and revenue from our friendly northern neighbor.
After kicking the Canadian oil barrel down the road, the Obama administration may soon be forced to approve the Keystone XL pipeline or come up with another excuse to block it after a report from the Nebraska Department of Environmental Quality declared it would have "minimal environmental impacts" on the state and its sensitive aquifers.
Friday's report triggered a 30-day deadline for Nebraska Gov. Dave Heineman, a Republican, to make a final recommendation to the U.S. government on whether to go forward with the pipeline. Keystone XL will still need final approval from the State Department because its northern portion crosses an international boundary.
The $5.3 billion northern segment will run 850 miles from Hardisty, Alberta, to Steele City, Neb., carrying up to 700,000 barrels of crude a day initially and up to 830,000 barrels a day after planned pumping upgrades.
TransCanada, the Canadian company behind the project, has already started construction on the $2.3 billion southern segment, calling it the Gulf Coast Project, which will run from Cushing, Okla., to Nederland, Texas.
The revised pipeline route, altered from the original, curves east of Nebraska's ecologically sensitive Sand Hills region but would still cross the Ogallala Aquifer, a source of drinking water and irrigation.
Environmentalists say the pipeline would endanger the Ogallala aquifer in Nebraska and other states along the route. They ignore the fact that 50,000 existing miles of pipeline already crisscross the U.S., including Nebraska.
Before President Obama, to placate his environmentalist supporters in his re-election bid, pushed the pipeline decision to 2013, the State Department had already concluded a three-year study that found the pipeline to not be an environmental threat.
As the Heritage Foundation reports, that review "concluded that the pipeline poses minimal environmental risk to soil, wetlands, water resources, vegetation, fish and wildlife, and creates few greenhouse-gas emissions. Keystone XL also met 57 specific pipeline safety standard requirements created by the State Department and the Pipeline and Hazardous Materials Safety Administration."
Read More At IBD: http://news.investors.com/ibd-editorials/010813-639797-nebraska-key...
Comment
Comment by Kathryn McEwen on January 10, 2013 at 3:43am "SAFE" USA OIL "SAFE"
OIL- You better be sitting down when you read this !!!!!!
As you may know, Cruz Construction started a division in North Dakota just 6 months ago.
They sent every Kenworth (9 trucks) we had here in Alaska to North Dakota and several drivers.
They just bought two new Kenworth's to add to that fleet; one being a Tri Drive tractor and a new 65 ton lowboy to go with it.
They also bought two new cranes (one crawler & one rubber tired) for that division.
Dave Cruz said they have moved more rigs in the last 6 months in ND than Cruz Construction moved in Alaska in the last 6 years.
Williston is like a gold rush town; they moved one of our 40 man camps down there since there are no rooms available.
Unemployment in ND is the lowest in the nation at 3.4 percent last I checked.
See anything in the national news about how the oil industry is fueling North Dakota 's economy?
Here's an astonishing read. Important and verifiable information:
About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest.
The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer;
how much oil does the U.S. have in the ground?" Forbes did not miss a beat, he said, "more than all the Middle East put together."
The U. S.. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big.
It was a revised report (hadn't been updated since 1995) on how much oil was
in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana.
Check THIS out:
The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information
Administration (EIA) estimates
it at 503 billion barrels. Even if just 10% of the oil is ecoverable( 5 billion barrels), at $107 a barrel,
we're looking at a resource base worth more than $5.3 trillion.
"When I first briefed legislators on this, you could practically see their jaws hit the floor.
They had no idea.." says Terry Johnson, the Montana Legislature's financial analyst.
"This sizable find is now the highest-producing onshore oil field found in the past 56 years," reportsThe Pittsburgh Post Gazette.
It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken.'
It stretches from Northern Montana, through North Dakota and into Canada .
For years, U. S. oil exploration has been considered a dead end.
Even the 'Big Oil' companies gave up searching for major oil wells decades ago.
However, a recent technological breakthrough has opened up the Bakken's massive reserves,
and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL !!!!!!
That's enough crude to fully fuel the American economy for 2041 years straight.
And if THAT didn't throw you on the floor, then this next one should - because it's from 2006 !!!!!!
U. S. Oil Discovery - Largest Reserve in the World
Stansberry Report Online - 4/20/2006
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world.
It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.
In three and a half years of high oil prices none has been extracted.
With this motherload of oil why are we still fighting over off-shore drilling?
They reported this stunning news:
We have more oil inside our borders, than all the other proven reserves on earth.
Here are the official estimates:
8 times as much oil as Saudi Arabia
18 times as much oil as Iraq
21 times as much oil as Kuwait
22 times as much oil as Iran
500 times as much oil as Yemen
and it's all right here in the Western United States !!!!!!
HOW can this BE? HOW can we NOT BE extracting this?
Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of pe'ople dictate our lives and our economy. WHY?
James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East, more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don't think 'OPEC' will drop its price even with this find? Think again! It's all about the competitive marketplace, it has to.
Think OPEC just might be funding the environmentalists?
Got your attention yet? Now, while you're thinking about it, do this:
Pass this along. If you don't take a little time to do this, then you should stifle yourself the next time
you complain about gas prices, by doing NOTHING, you forfeit your right to complain.
Now I just wonder what would happen in this country if every one of you sent this to every one in your address book.
By the way, this can be verified. Check it out at the link below !!!!!!
http://www.usgs.gov/newsroom/article.asp?ID=1911
<http://www.usgs.gov/newsroom/article.asp?ID=1911>;
Cruz Construction:
http://www.cruzconstruct.com/services..php
<http://www.cruzconstruct.com/services.php>
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