Inform
Keystone XL: not so fast
This report is currently unavailable
Report summary
On November 8, a US Federal Judge in Montana invalidated Keystone XL's Presidential Permit, which allowed the line to cross the Canadian/US border. The order pointed to an inadequate evaluation on potential environmental risks as well as questioned its current commercial value given the lower oil price environment (compared to the initial analysis in 2014). The State Department's 2014 review was submitted to the Obama Administration for a final determination on national interest, which was ultimately rejected. Right after taking office, President Trump reversed the decision, and granted Keystone XL the cross-border permit. In his recent ruling, Judge Brian Morris stated that the Trump Administration erred in effectively reversing the State Department's views on climate change without "reasoned explanation."
Table of contents
- What happened:
- What this means:
- Adjustments to base case, effect on refining and oil markets:
Tables and charts
This report includes 1 images and tables including:
- Adjusted West Canadian takeaway capacity vs production
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global cathode and precursor market strategic planning outlook - Q1 2024
Our latest long-term outlook detailing the global cathode and precursor market
$10,000
Insight
Peak Nickel: stainless steel scrap and the future of primary nickel demand
The implications of raising stainless scrap ratios for the energy transition and future nickel use, both globally and in China.
$1,050
Commodity Market Report
Global cathode and precursor short-term outlook November 2023
November 2023 updates for the cathode and precursor markets. Covers; prices, supply, demand, and recent news and events
$5,000
