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- In a nutshell, the requirement for pipelines to ship Canada's surplus production is pretty obvious and this is where the Keystone XL comes in. Designed to carry 830,000 barrels of crude a day from Alberta’s oil sands to U.S. Gulf Coast refineries, the $8-billion, 1,900-kilometer conduit is TC Energy’s flagship infrastructure project.
finance.yahoo.com › news › keystone-xl-deal-explained-heres-135901103The Keystone XL Deal Explained: Here's What You Need To Know
Feb 15, 2021 · Plans to halt construction of the Keystone XL pipeline will likely mean more crude oil volumes being shipped by rail. But how much more will depend on a variety of factors, including oil price spreads, other pipelines, oil storage options and the railroads’ ability to juggle volumes.
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Feb 25, 2022 · The transport capacity of the Keystone XL pipeline, which Biden canceled, would have been about 830,000 barrels per day — more than the amount of oil being imported to the United States...
Mar 27, 2017 · If the pipeline transfers as much crude oil to the Gulf Coast as the federal government expects, total imports would increase by about 25 percent. The State Department view
- Kirsten Gillibrand
- U.S. Senator
Feb 15, 2021 · President Joe Biden's revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry...
- Freightwaves
Mar 18, 2021 · In a last-ditch attempt to revive the Keystone XL pipeline, 21 states led by attorneys general from Texas and Montana have sued President Joe Biden, alleging he overstepped his presidential...
Mar 15, 2022 · It’s costly both to produce and to ship, particularly by rail, which would be an alternative to Keystone XL. Indeed, moving crude by rail to the Gulf costs substantially more than moving...
If built, the KXL could handle up to nearly 830,000 barrels of oil per day. But in many regions with large shale reserves—such as Bakken, Marcellus, and Utica—levels of output already far...