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  #21  
Old 01-22-2021, 02:45 PM
Zipity Zipity is offline
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“ Exxon Mobil Corporation’s XOM Double E Pipeline recently received a favorable go-ahead from the Federal Energy Regulatory Commission (“FERC”). The project has received Notice to Proceed for construction and Implementation Plan approval from the regulatory body.

The project is a joint venture between ExxonMobil and Summit Midstream Partners, LP SMLP. While ExxonMobil has a 30% interest in the pipeline, the remaining 70% operating stake is owned by Summit Midstream. The construction manager of the pipeline, Summit Midstream has also received rights-of-way on federal lands for the Double E Pipeline. Construction works will likely commence in the current quarter.

The 135.2-mile Permian Basin natural gas pipeline project is expected to be commissioned in fourth-quarter 2021. Last April, it received favorable environmental assessment from the FERC, following an environmental analysis, as the regulatory authority expected the pipeline to have minimal impact on the environment. The pipeline is expected to provide much relief to producers in the region, where natural gas comes as a buy-product of oil and huge flaring problems are faced.

The pipeline will transport natural gas from the northern Delaware Basin in Eddy County to Waha, TX and have a shipping capacity of 1,350 million cubic feet of natural gas per day. From the starting point, the commodity will be sent to the markets along the U.S. Gulf Coast and Mexico.”

Don’t see Biden shutting down Exxon Mobil’s new pipeline
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  #22  
Old 01-22-2021, 02:50 PM
Zipity Zipity is offline
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Why would a President cancel a pipeline that has pledged to turn itself into America’s first all-renewable energy interstate/international pipeline system

Reacting to President Biden’s decision, Thomas Pyle, President of the American Energy Alliance, put it this way: “The Keystone pipeline is nearly completely built and an important link for North America’s economic security

In a press release issued on Sunday, TC Energy, the owner and operator of the Keystone XL System made a series of strong environmental and labor-related pledges in a last ditch attempt to head off the looming presidential order to cancel its permit. Among those commitments were the following:

The Keystone XL System would achieve net-zero emissions in its operations by the year 2023;
While the net-zero goal would be achieved largely through the trading in renewable energy credits, the system would become fully powered by new investments in renewable energy capacity by 2030;
A promise to “spur an investment of over US$1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity, and thousands of construction jobs in rural and Indigenous communities;”
The company also committed to “working with union labor in the U.S. and Canada,” pointed to the fact that “Keystone XL has also signed a Memorandum of Understanding (MOU) with North America’s Building Trades Unions (NABTU) to work together on the construction of TC Energy owned or sourced renewable energy projects
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  #23  
Old 01-22-2021, 02:53 PM
magnetaress magnetaress is offline
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Quote:
Originally Posted by Zipity [You must be logged in to view images. Log in or Register.]
“ Exxon Mobil Corporation’s XOM Double E Pipeline recently received a favorable go-ahead from the Federal Energy Regulatory Commission (“FERC”). The project has received Notice to Proceed for construction and Implementation Plan approval from the regulatory body.

The project is a joint venture between ExxonMobil and Summit Midstream Partners, LP SMLP. While ExxonMobil has a 30% interest in the pipeline, the remaining 70% operating stake is owned by Summit Midstream. The construction manager of the pipeline, Summit Midstream has also received rights-of-way on federal lands for the Double E Pipeline. Construction works will likely commence in the current quarter.

The 135.2-mile Permian Basin natural gas pipeline project is expected to be commissioned in fourth-quarter 2021. Last April, it received favorable environmental assessment from the FERC, following an environmental analysis, as the regulatory authority expected the pipeline to have minimal impact on the environment. The pipeline is expected to provide much relief to producers in the region, where natural gas comes as a buy-product of oil and huge flaring problems are faced.

The pipeline will transport natural gas from the northern Delaware Basin in Eddy County to Waha, TX and have a shipping capacity of 1,350 million cubic feet of natural gas per day. From the starting point, the commodity will be sent to the markets along the U.S. Gulf Coast and Mexico.”

Don’t see Biden shutting down Exxon Mobil’s new pipeline
Doesn't look like it's going through somewhere ppl can rightfully claim autonomy from the federal government on.

Also it's America to America. Seems like a sweet deal.

Fuck Alberta. USA USA USA USA USA 🇺🇸
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  #24  
Old 01-22-2021, 02:54 PM
magnetaress magnetaress is offline
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The energy credit system is broken. It needs to go.
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  #25  
Old 01-22-2021, 02:55 PM
Zipity Zipity is offline
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This is a big fail. granted I think the president has good intentions, he acted way to hastily on this situation, this project would have been good for the American people And our economy as a whole. My only Hope is that Biden is this decisive and adamant on an entire
Change to clean energy and takes it all the way and isn’t going to just be selective and play favorites because there are far worse pipelines for our environment than this one that are still going ahead full steam.
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  #26  
Old 01-22-2021, 03:08 PM
Zipity Zipity is offline
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The biggest impact and what would jive with both democratic and Republican Party motives is changing all current oil infrastructure/engines/energy sources over to natural gas which is cleaner, cheaper and more efficient. It would provide readily available and storable energy for cars, homes, planes just like gasoline that
Doesn’t have the constraints of solar, wind, batteries atleast until our technology improves enough to where we wouldn’t possibly need it anymore. I personally feel it is the perfect stepping stone in the right direction and could be the bridge to fully clean energy. Almost every Reputable big company that pumps, pipes, refined, ships oil also already does so with natural gas so it wouldn’t destroy jobs, companies, and entire industries making the shift it would only spur job growth altering already in place infrastructure and switching it over to natural gas / liquid natural gas.
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  #27  
Old 01-22-2021, 03:26 PM
Cassawary Cassawary is offline
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XL is just the part that goes to canada, the rest is still there.

e: im wrong

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Last edited by Cassawary; 01-22-2021 at 03:31 PM..
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  #28  
Old 01-22-2021, 03:49 PM
indiscriminate_hater indiscriminate_hater is online now
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Keystone XL Pipeline is a good name for a beer bong
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  #29  
Old 01-22-2021, 04:14 PM
cd288 cd288 is offline
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Zipity just had a conversation with himself over the course of like 25 minutes
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  #30  
Old 01-22-2021, 04:35 PM
Kaveh Kaveh is online now
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So I’m assuming inertia would drive the pipeline project forward if it were economical, I’m guessing Poke is correct. It’s just the numbers I’m aware of show it being marginally profitable, a massive weapon against Petrostates, and better for the environment for the remainder of the time period where we use hydrocarbons for fuel

I could be wrong though, which is why I asked. The good news is that America, with minimal investment, can go 40% wind power by 2040

We could do much more with more serious investment, and nuclear power could render hydrocarbons obsolete (thorium, molten salt), but we are brain dead and a catastrophize nuclear accidents

-kaveh
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