The pipeline spill in Alberta, Canada last month has reignited many conversations about pipeline safety and regulation for the oil and gas industry. These conversations are coming at a critical time for the industry – perhaps even a turning point.
As many are well aware, it is becoming more and more difficult for pipeline projects to achieve the necessary approvals to get off the ground, and the negative press surrounding spills such as this one is at the heart of several groups’ objections.
Keystone Has Become a Key Issue
The stand-out example is of course the controversial Keystone XL Pipeline, which has been delayed for more than six years. Canada’s Prime Minister, Stephen Harper, has admitted that he is not hopeful that U.S. President Obama will approve the pipeline.
With rumors that President Obama will soon announce his decision on Keystone, this most recent pipeline spill in Canada’s oilsands is … Read more...