Some U.S. Producers, Refiners May Have Good Reason to Oppose Keystone XL Pipeline

refining pipes

SUGAR LAND–November 6, 2015–Researched by Industrial Info Resources (Sugar Land, Texas)–The controversial Keystone XL (KXL) international crude-oil pipeline by TransCanada Corporation (NYSE:TRP) (Calgary, Alberta) has been in the news twice this week, as the company sought to have its U.S. federal regulatory review paused, then again when that request was rejected. The 500,000-barrel-per-day (BBL/d) pipeline has been protested by environmental groups, and the arguments against the project have been repeated in most every other protest against pipeline development across the continent.

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