Keystone XL: Two Steps Forward?



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Report summary

Fewer hurdles remain for the Keystone XL pipeline. On Jan. 9th the Nebraska Supreme Court cleared the way for the pipeline to cross through the state. On Jan. 12th the US Senate took on a bill to approve the pipeline opening the way for a vote in the coming weeks.Some question whether there still is need for the pipeline. The need for Canadian producers to access the USGC market and for USGC refiners to access heavy Canadian crude exists in both $100/bbl and $40/bbl oil price environments.

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    Keystone XL: Two Steps Forward?

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  • Heavy Canadian crude routes to market

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