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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

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State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

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Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oil sands. Click to enlarge.

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Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261
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DOE Selects 15 Projects Aimed at Secure CO2 Underground Storage

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Geologic storage is currently focused on five types of formations:(1) depleted oil and gas reservoirs, (2) deep saline formations, (3) unmineable coal seams, (4) oil- and gas-rich organic shales, and (5) basalts. Montana State University (Bozeman, Mont.) DOE share: $780,185; Recipient share: $195,046; Duration: 18 months).

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TransCanada to re-apply for Keystone XL cross-border permit; proceeding with Cushing-to-Gulf portion as a discrete project with White House support

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TransCanada Corporation has informed the US Department of State (DOS) that it plans to file a Presidential Permit application (cross-border permit) in the near future for the Keystone XL Project from the US/Canada border in Montana to Steele City, Nebraska. The approximate cost is US$2.3 Cross-border Project.

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