TC needs to announce the deal with STWA. The biggest problem Trans Canada now faces is transporting the oil from northern Canada to the refineries in Texas (or elsewhere). They are so desperate that they have even considered buying rail cars to get the job done. Shipping
crude by rail as we have already seen is a disaster waiting to happen. A half a dozen accidents have already occurred with many fatalities and huge environmental damage. Nice going, Warren Buffett, you evil, money grubbing SOB.
TC needs the Keystone XL pipeline more than anything in the world. Its the 500 pound gorilla in their boardroom. Approval of the treaty to allow the pipeline to pass through the US now sits on Obama's desk. The Republicans want it and most of the Democrats want it. It will provide jobs, tax revenue and cement an on-going partnership between Canada and the United States in the energy production business. It has enormous strategic implications as well. The biggest roadblock to the passage of the Keystone treaty is the fear of the environmental issues involved with the pipeline i.e. carbon footprint, fouling of the Ogallala aquifer should there be a breach in the line etc. etc. Politically it appears that Mr. Obama views passage of the Keystone treaty to be too politically damaging at this time to sign it.
Announcing the adoption of new technology to address these environmental concerns might just be the catalyst Obama needs to put the Keystone Pipeline in a favorable light for all. The carbon footprint will be reduced. The operational parameters will become less conducive to breaches and spillage. It will show America that Mr. Obama has done his homework to seek out a better way to address this issue and that better way is NEW technology.
Better still it is a win-win compromise for both sides of the Keystone argument.
Unfortunately, it doesn't do anybody any good if this exciting new solution is kept hidden from the public's view by the current NDA's.
Its simple. Trans Canada, if you want to get this Keystone Treaty off the desk of the President of the United States with a favorable signature of adoption, you need to give Mr. Obama a political answer to the environmental issues currently blocking his decision. Announce the new technology from STWA and publish the advantages it provides and you might just get that approval for the Keystone that you so desperately need. The sooner the better.
