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Much ado about a ramp

OK – not just a basic bog-standard ramp, but an on-ramp which could enable North Dakota and Montana to use TransCanada’s proposed 1,980-mile Keystone XL pipeline to transport crude oil.

The conduit from the oil sands of Alberta to the refineries of the Gulf of Mexico has been the subject of intense debate over recent weeks. It is scheduled to be built this year.

Now TransCanada has appeared to do a complete U-turn when it comes to their take on US states making use of the pipeline, with its Vice President Robert Jones declaring that the company is now “open for business” and will consider letting Montana and North Dakota crude oil onto the route.

Executives had initially said there was insufficient demand to warrant such an expansion.  Their change of heart is suggests those US governors are persuasive indeed.

Oh to be a fly on the wall of that meeting between TransCanada and the many oil company reps chomping at the bit to tap into the Keystone pipe-line…

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Oct 23, 2011
6:00 pm

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