According to reports, we're going to get a decision on the Keystone Pipeline. Analyst Dave Lutz of Stifel Nicolaus has some super-quick reaction. While just the environmental report, one has to expect it will have some ultimate impact on approval, since the left holding it up is beholden to environmental interests - A positive report would weigh on WTI (More Oil coming in), but possibly benefit the Pipeline Cos - At the expense of the DJ trans - We r moving a record amount of Oil by Rail due to lack of approval.

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BING NEWS:
  • DEP cites Keystone Sanitary Landfill for exceeding leachate storage limits
    The Keystone Sanitary Landfill violated state regulations by regularly storing too much leachate since October, according to the state Department of Environmental Protection. The DEP sent a notice of ...
    06/12/2024 - 4:59 pm | View Link
  • Pipeline Company Behind Keystone XL Sees Future in Going Small
    The head of TC Energy Corp.’s new oil pipeline spinoff wants to connect more customers to its 3,045-mile North American network — not build massive projects like the failed Keystone XL.
    06/4/2024 - 3:21 am | View Link
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