SOURCE: Industrial Info Resources

Industrial Info Resources

February 03, 2014 09:45 ET

State Department: Keystone XL Unlikely to Affect Canadian Oil Sand Extraction, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Feb 3, 2014) -  Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The Keystone XL crude-oil pipeline cleared an important hurdle last Friday when the U.S. State Department (Washington, D.C.) issued its Final Environmental Impact Statement (FEIS) on the project, finding that its construction was unlikely to affect global greenhouse gas (GHG) emissions. The release of the FEIS kicks off a 30-day public comment period, as well as a concurrent 90-day period where Secretary of State John Kerry will consult with at least eight federal agencies to make a determination whether building Keystone XL is in the national interest.

Other companies featured: TransCanada Corporation (NYSE:TRP).

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