Keystone Pipeline

Energies frozen over whether to rally or sell-off

By Phil Flynn | January 23, 2013

The petroleum markets are having a hard time deciding whether they should rally on the cold temperatures, or sell-off on a forecast that puts most of the eastern half of the United States to back above normal temperatures.

Texas farmers urge appeals court to block Keystone pipeline

By Laurel Brubaker Calkins, Bloomberg | October 4, 2012

TransCanada Corp. should be barred from building the Keystone XL pipeline to transport Canadian tar-sands crude to Gulf Coast refineries, pipeline opponents urged a Texas appeals court, citing a new state-court precedent.

Oil supplies grow as Seaway relief valve looms

By Moming Zhou, Bloomberg | May 22, 2012

U.S. oil inventories climbed for a ninth week, reaching a 21-year high, as growing production bolstered a supply glut in the days before the Seaway pipeline began to move crude to refineries along the Gulf Coast.

Keystone XL pipeline will raise US gasoline prices, group says

By Jim Efstathiou Jr., Bloomberg | May 22, 2012

TransCanada Corp.’s proposed pipeline to carry crude from the oil sands of Canada to the U.S. Gulf Coast would increase gasoline prices, according to a report from an environmental group that opposes the project.

Senate may ban Keystone oil exports while backing pipeline

By Jim Efstathiou Jr. and Katarzyna Klimasinska, Bloomberg | March 8, 2012

TransCanada Corp.’s Keystone XL oil pipeline would be approved under a Republican plan being considered in the U.S. Senate, while a Democratic proposal would bar export of Canadian crude transported through the line.