BAKKEN OIL BUSINESS JOURNAL

BakkenJournal_Dec16Jan17

The BAKKEN OIL BUSINESS JOURNAL is a high-gloss, full-color magazine with a targeted distribution that gets our Advertisers in front of the RIGHT EYES in this industry. Direct mailed to Companies in the Bakken with bonus distribution at Energy Shows.

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Read online @ B A K K E N O I L B I Z . C O M / d i g i t a l - j o u r n a l 19 ➤ continued on pg 22 Keystone XL Pipeline Trump & TransCanada's CHRIS BISCHOF By: BOB VAN DER VALK & November 8, 2016. He won! In a victory characterized by shock and surprise, Trump beat Hillary. Soon his administration will begin the work of delivering on his many campaign promises. This means Trump's administration is going to throw itself into undo- ing many of the plans and programs of the Obama Administration. A lot of those previous efforts involved energy. The Obama administra- tion committed itself to restricting access to fossil fuels while subsi- dizing programs aimed at solar and wind. One of the most dramatic actions to restrict fossil fuels was rejecting plans for the construction of the Keystone XL pipeline. President-elect Donald Trump: The focus on jobs will find a receptive audience in Trump. At his ac- ceptance speech Trump spoke about investing in infrastructure as a driver of new jobs. As the Keynote Speaker at the Bismarck Energy Conference on May 26, 2016, Donald Trump said, "We are going to fix our inner cities and rebuild our highways, bridges, tunnels, airports, schools, hospitals. We're going to rebuild our infrastructure, which will become, by the way, second to none. And we will put millions of our people to work as we rebuild it." President-elect Donald Trump is in favor of reviving the construction of the north end and final leg of the TransCanada Corp.'s Canada-U.S. crude oil pipeline project, better known as the Keystone XL. With respect to energy, his goal is clear. Trump believes the US should achieve energy independence. In his campaign he put it this way: We will become, and stay, totally independent of any need to import energy from the OPEC cartel or any nations hostile to our interests. What better way to move the country toward that goal than to approve the Keystone Pipeline? Oil from the pipeline would displace oil im- ported from other nations, some of which are hostile to our interests. Photo by Renae Mitchell - renaemitchell.com Keystone XL Pipeline — Overall route map The Keystone XL Pipeline Project is a proposed 1,179-mile (1,897 km), 36-inch-diameter crude oil pipeline, beginning in Hardisty, Alta., and extending south to Steele City, Neb. This pipeline is intended to be a critical infrastructure project for the energy security of the United States and for strengthening the American economy. TransCanada continues to review its options and remains committed to building the Keystone XL Pipeline.

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