Keystone XL Pipeline and the Keystone Pipeline System are wholly owned by TransCanada Corporation. Investors can invest in Keystone XL by investing in TransCanada. Our common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol TRP. For more
If oil were to reach groundwater, movement of oil and any resulting contaminants that enter groundwater would be slow and limited in scope, likely to hundreds of feet at most, even in sandy soils and even in the vast Ogallala and High Plains aquifers. Throughout North America, communi
The U.S. relies on imports of crude oil such as Keystone XL will deliver to meet its needs with or without exports of any petroleum products. In addition to displacing offshore imports of crude oil into the U.S. with North American oil from its closest trading partner, Keystone XL als
In peak summer heat and under the hottest conditions anywhere in the pipeline system, the temperature of the oil will not exceed 150°. (All temperatures are in degrees Fahrenheit.) In Nebraska, the hottest pipe temperature is expected to remain below 120°, even in peak summer under th
To reduce the risk of a leak, Keystone XL incorporates measures into each stage of the project, from design, through construction and operation of the pipeline, such as: Using tougher steel with special characteristics that prevent puncture; Inspecting 100% of the welds that join the
All crude oils, as well as gasoline and diesel fuel, contain benzene. Oil to be shipped on Keystone XL will include bitumen from the oil sands in Canada that has been diluted with lighter oils. Most often, these lighter oils used as diluents will be natural gas liquids. Like other oil
No the oil shipped on the Keystone XL is not corrosive to the pipeline. Although some of the oil will be derived from the oil sands, only oil is shipped. The sand is separated at the source. A Battelle study (July 2012), confirms that the oil is not corrosive. Rather, according to the
TransCanada expects to operate the Keystone XL Pipeline in excess of 50 years. If the pipeline were to be taken out of service, the pipe will be purged of its contents, filled with an inert gas, such as nitrogen, and left in place and intact with appropriate warning signs. Cathodic pr
On November 6, 2015, President Obama chose to deny the required presidential permit for the Keystone XL Pipeline, a proposed 1,179-mile (1,897 km) cross border crude oil pipeline which had been under review by the U.S. Administration for over seven years.
On January 6th, 2016, TransCanada challenged that denial by announcing it has taken legal action under the North American Free Trade Agreement (NAFTA) and also initiated Constitutional litigation against the U.S. Administration. TransCanada continues to review its options and remains committed to building the Keystone XL Pipeline.
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