ABSTRACT

Keystone XL Pipeline Project: Key Issues [September 13, 2012]   [open pdf - 640KB]

"In May 2012, Canadian pipeline company TransCanada reapplied to the U.S. Department of State for a Presidential Permit to build the Keystone XL pipeline. The pipeline would transport crude oil from the oil sands region of Alberta, Canada, to the existing Keystone Pipeline System in Nebraska. It also could accept U.S. crude from the Bakken oil fields in Montana and North Dakota. […] When completed, the entire Keystone XL pipeline system would ultimately have capacity to transport 830,000 barrels of crude oil per day to U.S. market hubs. TransCanada submitted the May 2012 permit application after its 2008 Keystone XL permit application was denied. […] The State Department has jurisdiction over the Keystone XL pipeline's approval because it would cross the U.S. border. Before it can approve such a permit, the department must determine that the project is in the 'national interest,' accounting for potential effects on the environment, economy, energy security, and foreign policy, among other factors. […] Although some in Congress have asserted congressional authority over Keystone XL, changing the State Department's role in issuing cross-border infrastructure permits may raise questions about the President's executive authority. H.R. 3900 would seek to ensure that crude oil transported by the Keystone XL pipeline, or resulting refined petroleum products, would be sold only into U.S. markets, but this bill could raise issues related to international trade agreements."

Report Number:
CRS Report for Congress, R41668
Author:
Publisher:
Date:
2012-09-13
Series:
Copyright:
Public Domain
Retrieved From:
National Agricultural Law Center: http://www.nationalaglawcenter.org/
Format:
pdf
Media Type:
application/pdf
URL:
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