On the 9th of February 2004 TransCanada Corporation, an energy company based in Alberta, Canada proposed a plan for the installation and use of a pipeline that would stretch from Alberta, Canada to oil refineries in the Gulf Coast of Texas in the United States. The pipeline, titled the Keystone Pipeline, would be installed in four separate phases and once completed would transport up to 1.1 million barrels of synthetic crude oil per day. Phases two through four of the pipeline encompass the parts of the pipeline that would be installed in the United States and would be located in the states of North and South Dakota, Nebraska, Missouri, and Illinois. TransCanada is currently awaiting approval from the US government in order to begin the installation of the US portion of the pipeline.
TransCanada Corporation was founded in 1951 in Alberta, Canada and is currently one of the largest gas storage providers in North America. It has a storage capacity of 400 billion cubic feet and ownership or control over 51,860 miles of oil and gas transportation pipelines. The TransCanada Corporation’s primary focus of business is in natural gas and power generation, and currently employs approximately 4,800 individuals. TransCanada is affiliated with fourteen separate pipelines with the Keystone Pipeline being the most publicly known and controversial. TransCanada has ownership, partnership, or partial control over eighteen power plants in Canada and the United States of America as well.
The installation of the Keystone Pipeline began with Phase One, the installation of 2,147 miles of pipeline stretching from Alberta to refineries in Illinois. The installation and administration of Phase One included the conversion of 537 miles of Canadian Mainland gas pipeline to TransCanada oil pipeline and the construction of new pump stations in Hardisty, Alberta. The United States portion of Phase One took place in the states of Missouri and Kansas and covers nearly 1,380 miles. Construction of Phase One began in Canada in 2008 and in the United States in 2008 when a Presidential Permit allowed for its assembly. Phase One approached its end stage and began use late spring of 2010. (TransCanada Corporation)
Phase Two of the TransCanada Corporation Keystone Pipeline marked the start of the pipeline exclusively constructed in the United States. Phase Two stretches from Steele City, Nebraska to an oil hub in Cushing, Oklahoma, passing through parts of the state of Kansas along the way. The installation process of Phase Two began in 2010 under the Presidential Permit and was finished in 2011 when the newly completed section began use. (TransCanada Corporation) The completion of construction on Phase Two marked the end point of the Keystone Pipeline and the beginning of its expansion with the proposed Keystone XL Pipeline which was to be completed in Phases Three and Four.
The Keystone XL Pipeline addition to the Keystone Pipeline was set to begin with Phase...