Posted: Sep 12, 2012 8:25 PM by KXLH
Updated: Sep 12, 2012 8:27 PM
Governor Brian Schweitzer just returned from Canada where he says TransCanada executives assured him the Keystone XL Pipeline will get built.
The Keystone line is a 17 hundred mile oil pipeline spanning from Alberta, Canada to Texas, with a major portion of the line running through eastern Montana. If constructed the line would be able to transport 830 thousand barrels of oil a day. However, there have been major delays in construction. The Obama Administration has delayed issuing a permit because there were concerns about the line running through the Sandhills of Nebraska. Schweitzer says he spoke with TransCanada executives about what it will take to get the project moving and why they chose to build in Montana.
Governor Schweitzer says
"They are very happy with the taxes and the regulation that we have in Montana and that's why they were willing to invest another $2 billion in the Keystone. They could have easily moved the Keystone and gone down through North Dakota but what we are finding is that people would rather build their pipelines in Montana because we have a better tax system, we have a better regulatory environment than they have in North Dakota."
Schweitzer says they have found a new route through Nebraska and TransCanada hopes to have the permits sometime around January of next year.