TransCanada Corp.s Keystone XL pipeline has now been in
the works for five years, but the company remains confident it
will eventually be built.
"At the end of the
day, I believe that logic will prevail over the loud voices of
a few professional activists and celebrities that are using
Keystone XL to further their own agendas with no regard for
facts and science," Alex Pourbaix, TransCanadas president
of energy and oil, said in a blog on the fifth anniversary of
the start of the pipelines approval process.
Pourbaix touted the
safety of pipelines over other forms of crude transport. "The
result (of the Keystone XL delay) has been a rise in other
methods of transporting crude oil that are not as efficient or
safe as pipelines and U.S. refineries continuing their reliance
on crude oil from places like Venezuela, Saudi Arabia and
Russia that do not share our values, our commitment to
protecting the environment, or our highly integrated economy,"
he said in the blog.
awaiting presidential approval for the 1,179-mile pipeline from
Alberta to Nebraska.