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U.S. report finds multiple problems with Keystone pipeline

CommoditiesAug 23, 2021 02:21PM ET
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© Reuters. FILE PHOTO: A supply depot servicing the Keystone XL crude oil pipeline lies idle in Oyen, Alberta, Canada February 1, 2021. REUTERS/Todd Korol/File Photo

WASHINGTON (Reuters) -A U.S. government watchdog found multiple problems with the construction, manufacture and design of the Keystone pipeline, validating President Joe Biden's decision to revoke the permit for a Keystone XL extension, leaders of several House Democratic committees said on Monday.

The lawmakers requested the Government Accountability Office report in November 2019 after more than 11,000 barrels of oil leaked from the pipeline system in two releases in less than two years.

"GAO found that preventable construction issues contributed to the current Keystone pipeline’s spills more frequently than the industry-wide trends," they said in a statement.

Keystone's four largest spills were "caused by issues related to the original design, manufacturing of the pipe, or construction of the pipeline," the GAO report said.

Biden canceled Keystone XL's permit on his first day in office on Jan. 20, dealing a death blow to a project that would have carried 830,000 barrels per day of heavy oil sands crude from Alberta to Nebraska. [L1N2JX1D8]

"TC Energy’s record among its peers is one of the worst in terms of volume of oil spilled per mile transported," a statement from the lawmakers said. The lawmakers included Representative Frank Pallone, energy and commerce committee chair.

TC Energy (NYSE:TRP) Corp officially canceled the $9 billion Keystone XL in June. It filed a notice of intent in July to begin a legacy North American Free Trade Agreement claim and is seeking more than $15 billion in damages from the U.S. government.

The company said in response to the report it has had "zero high-impact incidents in 18 months," after taking measures to strengthen safety and prevent incidents.

Pipeline opponents want to slow the movement of Canadian oil to the United States. But pipeline supporters say it will be shipped anyway and that oil sent by rail has caused numerous fiery accidents.

Biden "was clearly right to question this operator’s ability to construct a safe and resilient pipeline, and we support his decision to put Americans’ health and environment above industry interests,” the U.S. representatives said.

U.S. report finds multiple problems with Keystone pipeline
 

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Comments (7)
larry mcafee
larry mcafee Aug 23, 2021 5:39PM ET
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Dang Reuters, where is your journalistic integrity? you just write what your told.
Mark Stallone
Mark Stallone Aug 23, 2021 2:45PM ET
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There's only one problem. Biden had us stop construction.
HD HD
HD HD Aug 23, 2021 2:18PM ET
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oil is so 2000s. the EV green wave is here !
Mart Bab
Rubberduck1973 Aug 23, 2021 2:18PM ET
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jason black  here we go again. This materials do not belong to Biden or the USA. But maybe I am mistaken. Maybe you are just a bunch of robbers
Blaine Cybulski
Mack400 Aug 23, 2021 2:00PM ET
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So Biden has to find a way to justify shutting down a pipeline first day on the job. Worried about all the lawsuits Biden?
Yankee Steve
Yankee Steve Aug 23, 2021 12:08PM ET
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They justified tgat by saying rail is safer to curry favor for hid friend Warren Buffett and Gates who owned rail stocks
Millennial Metals
Millennial Metals Aug 23, 2021 11:35AM ET
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Anything to prop up the oil price!
Roger Miller
Roger Miller Aug 23, 2021 11:11AM ET
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The bureaucrats report helps to justify the job losses caused by Biden’s actions.
 
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