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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

Notable changes since the prior Draft Supplemental Environmental Impact Statement include an expanded analysis of potential oil releases; an expanded climate change analysis; an updated oil market analysis incorporating new economic modeling; and an expanded analysis of rail transport. Rail Direct to the Gulf Coast Scenario.

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White House: OPEC+ oil production increases “simply not enough”

Green Car Congress

The EIA noted that concerns about decreased demand because of increasing COVID-19 cases have recently driven crude oil prices down, offsetting some initial price increases due to larger inventory draws. As a result, EIA’s crude oil price forecast remains mostly unchanged from the July STEO.

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