HOUSE SUBCOMMITTEE DRAFT LEGIS- LATION WOULD EXPEDITE APPROVAL PROCESS OF TRANSCANADA'S KEYSTONE XL OIL PIPELINE EXTENSION

摘要

The House Energy and Commerce Subcommittee on Energy and Power, chaired by Rep. Ed Whitfield (R-Ky.), held a hearing on 5/23/11 to discuss a draft bill, the North American-Made Energy Security Act, designed to advance TransCanada Corp.'s $13 billion, 1,661-mile Keystone Gulf Coast Expansion Project (known as Keystone XL), planned from Hardisty, Alberta, in Canada to Steele City, Nebraska. The pipeline would link the oil sands of Alberta to U.S. oil refineries in Texas and the Gulf Coast through Cushing, Oklahoma, and could move not only Canadian crude oil supplies but also increasing U.S. oil supplies.