Are U.S. Bureaucrats About to Make a Huge Oil Supply Blunder?
by Brian Westenhaus
U.S. Secretary of State Hillary Clinton got the file Monday as the State Department concluded a public comment period on its draft environmental impact statement, and will publish a final one some time this summer, before making a determination as to whether permitting construction of the cross-border TransCanada pipeline would be in the U.S. national interest.
The reality check is about the project called The Keystone Pipeline, that will carry 7-800,000 barrels per day of oil made from Canadian bitumen to the massive U.S. Gulf Coast petroleum hub, where refineries are particularly suited to process the heavy oil made from Canada’s bitumen resource.