By November 9, 2018 0 Comments Read More →

Federal Judge Blocks Construction of Keystone XL Pipeline

U.S. District Judge Brian Morris Thursday froze construction of the Keystone XL oil pipeline, which would link Canada to the Gulf of Mexico and carry up to 830,000 barrels a day (the U.S. produced 11.3 million barrels per day in August 2018). Morris wrote that the present administration’s permit ignored previous factual findings on climate change and lacked sufficient environmental impact analysis.

The $8 billion pipeline proposed by Calgary-based energy firm Transcanada has been the root of a years-long battle. On one side, environmentalists argue that it represents a harmful extension of the country’s dependence on fossil fuels and threatens the delicate ecological balance of Native American lands. On the other, oil companies believe it enables them to more easily sell land-locked oil reserves from Canada and northern U.S. states into the international market.

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Posted in: Daily News

About the Author:

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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