The project is now called The Gulf Coast Project.
The move comes as the company prepares to re-apply for a presidential permit for the northern section of Keystone XL, running from Hardisty, Alberta to Steele City, Nebraska.
In a statement, the company said it had informed the U.S. Department of State that it will go ahead with construction of a section of Keystone XL running from an oil hub in Cushing, Oklahoma, to refineries in Port Arthur, Texas. Dubbed the "Gulf Coast Project," it will carry oil from the existing Keystone pipeline that terminates in Cushing.
TransCanada said "what had been the Cushing to U.S. Gulf Coast portion of the Keystone XL Project has its own independent value to the marketplace and will be constructed as a stand-alone Gulf Coast Project, not part of the Presidential Permit process."
Any pro-active step is a good step, especially one as long in the works as this one. While the president refuses to allow oil and gas drilling to proceed in our waters and on our land, Canada has stepped up and now will provide a positive direction.
Our hyper partisan president has a history of being hyper partisan through out his political career. He now whines that Republicans are pointing out that energy prices are continuing to rise and the pain at the gas pump escalates.
As gas nears $5-a-gallon out west, the president, who has cancelled a key pipeline and frozen federal leases from Alaska to the East Coast, teaches us about American algae potential, in the way he used to emphasize the importance of tire pressure and "tune-ups." He castigates the opposition for making political hay out of bad news, in the way he routinely did as a senator in compiling the most partisan voting record in the Senate. Energy Secretary Chu cannot and will not say a word about soaring gas prices, since he is on record not so long ago hoping that they might double—that is, get to $8- to 10-a-gallon as they are in Europe. The Energy Department can do almost everything Americans don't want, but not the single thing they do want
The media has virtually turned a blind eye to doing stories of rising gas prices at the pump. Remember when George W. Bush was in the Oval Office and the price of gas rose? He and Dick Cheney were blamed because they were both former oil men and there had to be a conspiracy to reward their colleagues, right? It was ridiculous but the leftists and the media lapped it up. Now, one of their own is in office - himself a loud critic of the rising oil prices back then - and now suddenly the president has nothing to do with gas prices.
Current DNC Chairwoman, Debbie Wasserman Schultz was a loud critic back then and went to the floor of the House and spoke of the rising prices. And, here are three different videos of Pelosi, Obama and Clinton criticizing the Bush administration for rising gas prices.
So, that's something to remember as President Obama and his surrogates whine that the Republicans are speaking out about energy prices and production denial. What goes around, comes around.