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OK so we're in the waiting period -- -- the Keystone Pipeline is approved so a draft report the State Department put out.
Said that the proposed three five point three billion dollar pipeline wouldn't fuel a spike in gas emissions about that.
But I -- environmentalists are gonna quit this fight.
Let's bring in the company's president CEO rest Gerling rats eat this report went out and if I'm not mistaken -- tomorrow.
The public has 45 days to.
Basically give their opinion on wall this year got to believe -- environmentalists are going to be element.
Oh I suspect it's that they'll continue to make the same comments they've had made the past but.
It -- been four and a half years and now 121000 pages of a report I can't think of any new information that's going to be raised that.
Over the coming 45 days that has been raised our rating been addressed -- that and that 121000 pages.
So then after that the State Department has ninety days to approve -- last time on day 79.
They said I'm no way you're -- in.
This time you -- we're gonna make it through the ninety days.
-- still confident in any gain.
And they haven't specified timeframe yet whether it's ninety days or something something shorter than that I would.
I would argue that -- certainly can be shorter than that as you pointed out -- nine days had passed already right and you know that the key issues have been that have been addressed that set.
As -- resulted in the delay that they read in Nebraska has been approved the environmental impact statement last week.
-- -- -- -- The through the pipeline itself can be -- safely it has no impact on the environment.
It has no impact on -- -- refining it's gonna take place for the production.
And therefore has no impact on on G -- missions as well.
It just makes that the movement of that that oil from supply -- to market more efficient and debt and less risky so.
All of those issues that they need to be addressed have been addressed and so I think that can be done in in an expedited timeframe.
Just remind people we're talking about the bottom half of the pipeline from Oklahoma City down to.
This basically to the golf.
So it's not a huge piece of pipeline and I still quote recently that if you look at the map of the unites states with all the pipelines on it looks like the veins in your grandmother's legs there's so many pipelines there to begin with right.
This pipeline that only benefits the united -- but really benefits you Canada as well doesn't it.
It doesn't and actually it is that the portion from.
Oklahoma through the gulf -- is actually under construction right now we're about 55% percent complete.
But really is outstanding is -- -- through Montana South Dakota Nebraska that's all that's left in in in this keystone XL approval at the current time.
It does benefit Canada Anchorage I think isn't a great trading relationship -- existed between our two countries for a 145 years energy dinner.
Key component of that and I think that's that that's when a huge benefits the United States and of this project -- has mark.
Oil that it needs and the US -- consumes more oil -- it produces that's in some UBS at a very very good marriage for.
I think it's a point that's missed often is that you do have an excess supply.
And you have no choice but to get it out there in order to get the price of this -- back up breaks either gonna sell us.
They get a -- and -- summit to China if we don't take it.
Absolutely I think that -- and became governments and the industry.
And has made it a priority to to diversify its markets and this is a very very important resorts to Canada.
Actually North America but also to the world -- -- the third largest source of crude on the world.
And probably the crude oil -- available for for their parties to invest in so interest in this is great all of the -- And the good news is that it likes us those -- the countries don't -- you come back if this is approved and we can throw confetti and have a little party.
Thank you very much and and would you like you very much you know.
-- rescue -- TransCanada president CEO.
Like -- in the -- stimulant.
And did not.
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