Keystone XL Decision Delayed Until After Election -- The Bakken, North Dakota, USA

Crude-by-rail facilities oil loading facilities continue to get good news. The administration will delay the Keystone XL decision until after the election.

Link here.

Obama said his administration was looking into the issue but had made no decision. He told the protester: ``I know your deep concern about it. We will address it.''

Obama's comments came as a State Department official hinted that a decision on the pipeline may be delayed until next year. Officials have pledged to decide by the end of the year. The State Department has jurisdiction over the pipeline because it crosses an international border.

A senior State Department official, who asked not to be identified because the department was still reviewing the project, said, ``While we are working towards a timely decision by the end of the year, our foremost commitment is to a thorough review and assessment of information and to make a decision based on the best available data and analysis.''

Translation: "It ain't gonna happen."

 

Although not said outright, it is obvious the administration is slow-rolling TransCanada. As I have said for the past several months, TransCanada needs to shift the Keystone XL 90 degrees west.