Friday 31 January 2014

Breaking News: Keystone XL pipeline would have little impact on climate: State Department

The State Department on Friday released its final environmental review of the Keystone XL pipeline project, which would allow delivery of up to 830,000 barrels of oil a day from Western Canada and the Bakken Shale Formation to Steele City, Nebraska. The review is the last step before the State Department gives its final determination on the controversial project. The report concludes the pipeline "is unlikely to significantly impact the rate of extraction in the oil sands or the continued demand for heavy crude oil at refineries in the United States."

Source: Marketwatch

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