TransCanada On-Ramp Open Season Going Well

TransCanada’s open season ends Friday for area oil companies to bid to ship oil from the on-ramp in Baker when the Keystone XL pipeline is built. TransCanada, a Canadian-based corporation, told the Canadian press, investors, and analysts Wednesday that although they haven’t gotten final bids they have seen a significant amount of interest and anticipate a successful open season for the project. TransCanada expects to announce the final results of its Bakken open season early next year. It is expected to be in-service in 2013. Alex Pourbaix, who is in charge of TransCanada’s oil pipeline business reinforced that they expect the pipeline to be approved despite American conservationist objections and “We’re very confident that we’re going to receive these approvals on the basis that Keystone is both an important and, we would argue, a necessary infrastructure investment to ensure U.S. energy security…We remain very confident that Keystone is going to proceed as those benefits become better understood by stakeholders in the U.S.” ((19 NOV 2010))

http://www.examiner.com/economy-in-billings/transcanada-on-ramp-open-season-going-well

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1
http://billingsgazette.com/news/state-and-regional/montana/article_672d9f6e-bf67-11df-957d-001cc4c002e0.html

2
http://governor.mt.gov/news/pr.asp?ID=777

3
http://www.oilweek.com/news.asp?ID=26257

4
http://wcnd.taopowered.net/?id=10&nid=730

5
http://missoulian.com/news/state-and-regional/article_ed56f01e-bf70-11df-a303-001cc4c03286.html

6
http://www.bismarcktribune.com/news/state-and-regional/article_cd298d4c-bfc0-11df-a94c-001cc4c002e0.html

7
http://abcnews.go.com/Business/wireStory?id=10657936

8
http://ktar.com/index.php?nid=48&sid=1325584

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