• Upstream
  • Pipelines & Transport
  • Downstream
Oil&Gas Advancement
  • Home
  • News
    UAE Energy Investments in the US

    UAE Energy Investments in the US to Reach $440B by 2035

    IEA Warns of Global Oil Demand

    IEA Warns of Global Oil Demand Slowdown in 2025

    Trans Mountain Pipeline Expansion Boosts China Oil Trade

    Trans Mountain Pipeline Expansion Boosts China Oil Trade

    Oil And Gas Sector in Syria

    Oil And Gas Sector in Syria Looks forward to Resurgence

    OPEC

    OPEC+ Stretches Per Day Oil Output of Saudi Arabia

    Production Surge

    Effect of OPEC+ Production Surge on US Crude Oil Prices

    US Radar

    Those Buying Oil or Petrochemicals from Iran on US Radar

    Raise Asia Oil Prices

    OPEC+ Decision Pushes Saudi Arabia to Raise Asia Oil Prices

    Oil-and-Gas-Expansion

    South Africa Drives Oil and Gas Expansion Strategies

  • Projects
    UAE Energy Investments in the US

    UAE Energy Investments in the US to Reach $440B by 2035

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Future-proofing-gas-sector

    Future-proofing Gas Sector for Efficiency and Sustainability

    South-Africa-Oil-and-Gas-Exploration

    South Africa Speeding-up its Oil and Gas Exploration

    Upstream-Exploration

    High-Risk Geographies in Upstream Exploration and Challenges

    Offshore-Drilling

    Innovations Driving the Future of Offshore Drilling

    Gato-do-Mato

    Shell Approves Gato do Mato Project in Brazil

    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

    Engine No. 1, Chevron And GE Vernova To Power U.S. Data Centers

    Baker Hughes Secures Significant Gas Technology Order for Third Expansion Phase of Aramco’s Jafurah Gas Field

    SLB Capturi powers up its first modular carbon capture plant

  • Market Reports

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

    CNOOC

    Petrobras achieves second highest profit in history in 2023: R$ 124.6 billion

    TotalEnergies enters into agreement with GIP on Gladstone LNG

    TotalEnergies expands its presence in the Orange Basin with a new offshore Exploration license

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
    UAE Energy Investments in the US

    UAE Energy Investments in the US to Reach $440B by 2035

    IEA Warns of Global Oil Demand

    IEA Warns of Global Oil Demand Slowdown in 2025

    Trans Mountain Pipeline Expansion Boosts China Oil Trade

    Trans Mountain Pipeline Expansion Boosts China Oil Trade

    Oil And Gas Sector in Syria

    Oil And Gas Sector in Syria Looks forward to Resurgence

    OPEC

    OPEC+ Stretches Per Day Oil Output of Saudi Arabia

    Production Surge

    Effect of OPEC+ Production Surge on US Crude Oil Prices

    US Radar

    Those Buying Oil or Petrochemicals from Iran on US Radar

    Raise Asia Oil Prices

    OPEC+ Decision Pushes Saudi Arabia to Raise Asia Oil Prices

    Oil-and-Gas-Expansion

    South Africa Drives Oil and Gas Expansion Strategies

  • Projects
    UAE Energy Investments in the US

    UAE Energy Investments in the US to Reach $440B by 2035

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Future-proofing-gas-sector

    Future-proofing Gas Sector for Efficiency and Sustainability

    South-Africa-Oil-and-Gas-Exploration

    South Africa Speeding-up its Oil and Gas Exploration

    Upstream-Exploration

    High-Risk Geographies in Upstream Exploration and Challenges

    Offshore-Drilling

    Innovations Driving the Future of Offshore Drilling

    Gato-do-Mato

    Shell Approves Gato do Mato Project in Brazil

    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

    Engine No. 1, Chevron And GE Vernova To Power U.S. Data Centers

    Baker Hughes Secures Significant Gas Technology Order for Third Expansion Phase of Aramco’s Jafurah Gas Field

    SLB Capturi powers up its first modular carbon capture plant

  • Market Reports

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

    CNOOC

    Petrobras achieves second highest profit in history in 2023: R$ 124.6 billion

    TotalEnergies enters into agreement with GIP on Gladstone LNG

    TotalEnergies expands its presence in the Orange Basin with a new offshore Exploration license

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home News

COLUMN-Keystone Is Dragging Down the Democrats

Yuvraj_ong by Yuvraj_ong
November 20, 2014
in News, Pipelines & Transport
0

 “Keystone” would be a fitting epitaph for Democratic lawmakers, who will lose their majority in the United States Senate in January 2015.

 

By voting against the Keystone bill on Tuesday, Senate Democrats have effectively ended the re-election hopes of Mary Landrieu, a member of their own caucus from the strongly pro-oil and pro-pipeline state of Louisiana who is locked in a run-off after failing to win an outright majority in the mid-term election earlier this month.

 

But the never-ending battle over the pipeline has inflicted much broader damage on the electability of congressional Democrats and the credibility of President Barack Obama.

 

Polls show majority support for the pipeline, especially among the white working class and union voters that used to be the bedrock of the Democratic Party but which it has increasingly lost to the Republicans in recent elections.

 

But opposing Keystone has become a key test for environmental campaign groups as well as hedge fund billionaire Tom Steyer and much of the clean technology industry.

 

The pipeline has assumed a symbolic importance in the struggle between fossil fuels and renewables out of all proportion to its practical significance for either side.

 

The result is that both sides are locked in a bitter fight to the death – and the casualty has been the Democratic Party.

 

LET THE PROCESS PLAY OUT

 

Officially, the Obama administration has not taken a view on the pipeline’s merits. It says it is still waiting for the outcome of a court case in Nebraska, one of the states along the proposed route, and for the State Department to make an official recommendation about whether the pipeline is in the U.S. national interest.

 

In the meantime, the White House, backed by many Democrats in both the House of Representatives and the Senate, insists the decision whether to authorise construction must be made by the president, not Congress.

 

“The president believes that this is something that should be determined though the State Department and the regular process that is in place to evaluate projects like this,” his spokesman told reporters recently.

 

“Congress is not – and nor should it be – in the business of legislating the approval or disapproval of a construction project,” echoed Angus King, an independent senator from Maine, who caucuses with the Democrats.

 

In practice, the administration has repeatedly deferred a decision, apparently hoping to put it off until after the president leaves office, to avoid making a choice which will make the president very unpopular with one side or other.

 

The president himself appears uninformed, or badly briefed, about the pipeline and about energy policy more generally despite its fundamental importance to Canada, the country’s closest neighbour and ally, and the U.S. economy.

 

Asked about the pipeline last week, he said simply: “It is providing the ability of Canada to pump their oil, send it through our land, down to the Gulf, where it will be sold everywhere else. That doesn’t have an impact on U.S. (gasoline) prices.”

 

For the White House, energy policy begins and ends with climate change. There is strong interest in clean technology and greenhouse gas emissions but no interest at all in, or active hostility towards, oil and gas production, let alone coal, or issues about energy reliability and affordability.

 

DISCONNECTED FROM VOTERS

 

The president has been fortunate to preside over a surge in U.S. oil and gas production that has lowered prices and bills for American households and businesses.

 

It has largely ended fears of being held to ransom by overseas energy suppliers and given the country a new sense of energy security and confidence. But none of that can be traced to the policies of his administration.

 

Instead, his tergiversations on Keystone have contributed to a sense the administration is in thrall to anti-pipeline campaigners but doesn’t accord the same priority to energy production.

 

It feeds into a wider perception that the White House is disconnected from the concerns and values of ordinary voters.

 

There is a sense the administration plays an “all or nothing” game that brooks no compromise with anyone who takes a different view.

 

And it makes it hard for congressional Democrats from fossil-fuel producing states or states reliant on energy-intensive industries to remain competitive.

 

Democrats from net energy-producing states, most of which are big producers of coal, oil or gas, are rapidly becoming extinct in the Senate and House.

 

In coal-producing West Virginia, once a reliable source of support for Democrats, the party has been almost wiped out at federal level.

 

None of this appears to concern the White House, which seems to believe Congress is an optional extra part of the federal government, and winning legislative elections is unimportant because the administration can govern on its own.

 

But elections have consequences, as Obama himself once noted about his own victory in the 2008 presidential election.

 

In the aftermath of the Keystone bills’ defeat, unnamed administration sources have been briefing reporters that the president could be open to a compromise in future, but it is difficult to envisage one.

 

More generally, if the administration cannot compromise with Congress on an issue which is so substantively trivial, how does it hope to find compromises on more difficult issues like immigration and tax reform.

 

ENVIRONMENTAL IMPACT REVIEW

 

The other victim of the delay over Keystone may be the pipeline approval process itself, and more broadly the system of environmental impact reviews required by the National Environmental Policy Act (NEPA).

 

Passed by a Democrat-controlled Congress in 1969, but signed into law by Republican President Richard Nixon, the act has for most of its existence enjoyed strong support from both the major political parties, as has the separate presidential pipeline permitting process.

 

But the seemingly endless reviews, delays and court challenges which NEPA has spawned in the case of Keystone and other energy infrastructure projects, have become a target of increasing criticism.

 

It has become a mechanism for environmental campaigning groups to tie up projects indefinitely in the hope delay will kill them. Unsurprisingly, many in the energy industry, and among congressional Republicans, now want to re-open NEPA and streamline the review process.

 

That may or may not be a good idea. But the six-year delay on Keystone, with still no resolution in sight, is hardly a good advertisement for environmental reviews and presidential permits.

 

Keystone deserves a final Yes or No answer. Anything else diminishes the president and makes a mockery of the decision-making process.

Previous Post

GE to supply turbomachinery for Petronas' second floating LNG facility

Next Post

China's Rush to Green Vehicles Fuels Bubble Concerns

Related Posts

UAE Energy Investments in the US
America

UAE Energy Investments in the US to Reach $440B by 2035

May 21, 2025
IEA Warns of Global Oil Demand
America

IEA Warns of Global Oil Demand Slowdown in 2025

May 21, 2025
Trans Mountain Pipeline Expansion Boosts China Oil Trade
America

Trans Mountain Pipeline Expansion Boosts China Oil Trade

May 21, 2025
Oil And Gas Sector in Syria
News

Oil And Gas Sector in Syria Looks forward to Resurgence

May 17, 2025
OPEC
News

OPEC+ Stretches Per Day Oil Output of Saudi Arabia

May 8, 2025
Production Surge
News

Effect of OPEC+ Production Surge on US Crude Oil Prices

May 8, 2025
Next Post

China's Rush to Green Vehicles Fuels Bubble Concerns

About Us

Oil and Gas Advancement is a leading information centric website providing latest information and happenings within the industry. Featuring the latest news and developments within the Upstream, Midstream and Downstream Industries. Oil and Gas Advancement runs with an objective to provide a one stop knowledge driven content to our reader and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2018 Copyright Valuemediaservices 2018 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2018 Copyright Valuemediaservices 2018 All rights reserved.