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So what does TransCanada have to show for the two billion dollars in five years and has spent on the early stage of the Keystone Pipeline.
Little more than some half -- -- Buried in red tape a bill approving keystone pass in the house on Wednesday.
But -- Obama sees -- doing everything he can to avoid letting keystone move sport including not doing anything at all trans candidates seeking a left.
Fox -- exclusive Russell -- -- -- -- just a minute but first let's start on the cyber threat that we are just talking about in the last segment.
-- these reports that are running in Rhonda hackers have been getting into US energy systems.
Did you know they were there do you have new reason to be alarmed.
I I think it's.
We we always -- -- sort of -- sort of external.
Attacks on on our on our information systems and honor and our control systems within our our pipeline and dad and I and -- other energy infrastructure.
And so Louisville robust systems we we were with.
Department of homeland security -- to understand what those threats are and make sure that we're coordinating and are monitoring systems to ensure that -- You know our -- -- our station and that there.
As if they're not not compromised.
Okay and now let's turn your pipeline and can it be safe so the house dominated by Republicans approves another -- that revived this thing.
Are your -- getting better or is President Obama getting him veto it if it gets to the White House.
-- I continue to believe that this that is my plan is in the national interest of the United States.
It's very much needed those refiners in the Gulf Coast are getting their could go up and elsewhere in the world and -- getting from Canada makes a lot more sense of eminent signed.
The twenty year contracts to supporter -- so we continue to.
To press for the department state has completed its.
It's it's environmental review process there in the middle of previewing that the final comments and -- expect to see -- final environmental impact statement hopefully sometime this summer and that.
And then from there the national issues termination and I had a positive decision by the department state.
-- -- dubbed act here I thought the -- -- it was international issues that I hardly consider -- international rival anyway but.
-- apartment state numbers say that the pipeline would create 9000 skilled jobs.
That -- directed spin -- and set up 42000.
Other jobs I keep water and what's not to like here.
But what I haven't heard you say Russ is that you think yeah our chances are better -- going to be a -- Moved.
By it I have I've always thought -- Did that this type finds -- approved I.
It's hard for me without them any other decisions and the US is is the largest consumer of of crude oil on the earth time imports about ten million barrels today.
Ban imports -- from around the world.
This seemingly getting from Canada his is -- very logical assistance it's it's it's his best largest trading partner today and in you know a lot of friends but -- -- well.
Especially and it's a friendly nation has a free trader cream place I can't think of any reason why there's this pipeline would get a proof.
Yeah it's nice to do business with a country that doesn't hate if I gotta tell -- as as opposed to -- and oil from the Middle East where a lot of countries do hate us now President Obama -- got torn between two lovers.
He's got his union backers who all but alone and in some people say and they want the pipeline is yes Hollywood pals and dreamy activists who hate the pipeline.
Along comes this bill in the house on Wednesday that basically would remove presidential authority approval from the process do you think President Obama secretly might want control taken out of his own hands.
Is it sad you know what what goes on at a political level hasn't been -- -- major focus of ours of course what what we watch it became.
This case is the seventh vote -- we've seen in in congress for proving.
And the project in and the majority congress supporting projects majority American -- support the project.
As I think at the end of the day and you know we'll work our way through -- -- state process departments state will come to a positive conclusion they've done this this is that.
They're they're draft environmental impact statement was I believe the fourth one that.
And it completed and hearing in April.
It concluded that the in the pipeline has no.
Material environmental impact GH GR otherwise so.
I think at the end of the day at -- department states that comes to positive conclusion on this yeah honest decision.
Yelled will you would think that if they keep delay and hear me if they give another thirty years of deliberation may -- solar energy you'll finally be ready and they won't need the pipeline.
Now right now we already bring in two and a half million barrels of oil a day.
This pipeline would bring in another 830000.
Barrels per day.
Miles long what percentage of the pipeline already is finished and -- waiting to be lit up.
And but the indeed been the pipeline it's left to be built.
I in this case and keep the home that might recall that set.
We split the -- the keystone XL project into two pieces and win the that the project was tonight -- -- applies.
So the in this section from essentially -- Nebraska through to the Gulf Coast will be completed to have by the middle of the summer.
And so what is remaining is is a piece of pipeline that runs from.
Essentially Alberta Montana border through Montana South Dakota and and Nebraska that's what's left of the -- -- three states essentially.
And when -- say is that all that's left for us what percentage is on unfinished.
In terms of the overall scheme of the projects and it's a probably about 1030% of the project that's left to be be be good.
Completed his -- overall fifteen billion dollar project or so it.
And 70% of that staff and fell 3% is running Heather you know 20% will be running here by the end of the summer.
You know there's about 30% left -- that old saying -- -- -- common in this case it sounds like what you're doing -- build it and they won't have to approve the rest eventually good luck with that and thanks for being with us tonight.
Thank you very much OK and --
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