Mad About The News
U.S.-Canada Oil Pipeline Resumes Operation

"The U.S. Department of Transportation approved TransCanada Corp.’s plan to restart its Keystone pipeline, which was shut down after a May 29 oil spill. The 1,300-mile pipeline transports crude oil from Alberta to Cushing, Oklahoma."

Did anyone hear about this oil spill. Or the existence of this oil pipeline.

Amplify’d from www.wallstreetjournal.com

HOUSTON — The U.S. Department of Transportation on Saturday approved TransCanada Corp.’s plan to restart its Keystone pipeline, which had been shut since a May 29 spill.

The approval comes one day after the department’s Pipeline and Hazardous Material Safety Administration issued a Corrective Action Order, or COA, saying it would bar TransCanada from restarting the 591,000 barrel-a-day pipeline until it was assured the company had addressed the issues that had led to the pipeline’s leaking twice in one month.

TransCanada on Saturday provided results of its testing along the Keystone and can restart it as soon as the morning of July 5, the PHMSA said in a letter to the company.

"Based on a review of the information submitted, the restart plan is approved," PHMSA Central Region Director David Barrett said in the letter.

The restart of the pipeline will be under restricted conditions and closely monitored by the PHMSA, the agency said. An agency spokesperson wasn’t immediately available to elaborate on what the restrictions might be.

A TransCanada spokesman wasn’t immediately available for comment.

The 1,300-mile pipeline, which transports crude oil from Alberta to Cushing, Okla., had leaked 400 barrels of oil in North Dakota on May 7 and 10 barrels of oil in Kansas on May 29, earning TransCanada its first COA since at least 2002.

On Friday, TransCanada said it had replaced the parts along the pipeline that it said had caused the two spills and was reviewing the pipeline for similar issues.

See more at www.wallstreetjournal.com
 
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