Monday, June 15, 2015

Buh-Bye, Keystone XL, Hello, Prince Rupert Gas Transmission Line

by JASmius



The U.S. greenstremist "four-corners offense" bears the ChiComms another large piece of fossil fruit:

TransCanada Corp said on Friday it expects to start construction this year on natural gas pipeline to British Columbia’s Pacific Coast worth at least C$5 billion ($4.1 billion) following a conditional go-ahead by a Petronas-led consortium for what could be Canada’s first LNG export terminal.

The Prince Rupert Gas Transmission line will connect the prolific Montney gas field near Fort St. John in northeastern British Columbia to the Pacific NorthWest LNG terminal, which is planned for Lelu Island on the North Pacific Coast near the port of Prince Rupert.

The conditional go-ahead for the liquefied natural gas terminal is a rare win for TransCanada, which has struggled in recent years to rally support for its crude oil pipeline projects, including the long-delayed Keystone XL line to move oil from Alberta to the U.S. Gulf Coast.

The Calgary-based pipeline company has bet big on Canada’s nascent LNG industry, with deals to build more than C$13 billion in natural gas pipelines to serve proposed export projects on the country’s West Coast. [emphasis added]

Most of why the PRTGL costs so much is that it will have to be laid over and/or blasted through two sets of mountain ranges to finally reach the rugged Canadian Pacific coast.  Whereas, a cursory glance at a topographical map of Canada reveals the comparative ease with which the equivalent pipeline could extend from Ft. St. John southwards, across our border, and straight down the Great Plains to terminals on the U.S. Gulf Coast, same as Keystone XL.

But no.  And the Canadians won't wait around forever, so who can blame them?  Besides, why would we want a piece of that golden goose?:

Meanwhile, back at home, the feds keep pounding on ExxonMobil for the biggest fines they can manage, yet another Democrat is taking a run at shutting down fracking through a misinterpretation of the Clean Water Act and our restrictions on exports have led to our companies saturating the market to the point where we’re now laying off oil field workers. What a country, baby.

Yeah, what a country.  I'm half-wondering if Yakoff Smirnoff is preparing to emigrate again because the Soviet Union followed him over here.



What? You thought I was kidding?

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