(AP) — The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics.Low oil prices and the high cost of extracting Canadian crude from oil sands are casting new doubts on Keystone XL as executives with the Canadian company that wants to build it face the final regulatory hurdle next week in Nebraska.The pipeline proposed in 2008 has faced dozens of state and federal delays, many of them prompted by environmental groups who ultimately persuaded President Barack Obama to deny federal approval in November 2015."Frankly, in the current price climate, it's probably not going to be a going venture unless there's a massive improvement in technology" for processing Canadian crude, said Charles Mason, a University of Wyoming professor of petroleum and gas economics.Producers have also found other ways to ship oil, primarily by train, and many are reluctant to sign long-term contracts with a pipeline that wouldn't go into operation for several more years, said Jeff Share, editor of the Houston-based Pipeline & Gas Journal, a leading industry publication.Nebraska law enforcement authorities already have had discussions with their counterparts in North Dakota about how that state handled widespread protests during construction of the Dakota Access Pipeline near the Standing Rock Indiana Reservation, said Cody Thomas, a Nebraska State Patrol spokesman.If the Nebraska commission approves the route, TransCanada can initiate legal proceedings under eminent domain to gain access to the land of holdout property owners.
NYS Entity Status
NYS Filing Date
APRIL 01, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2014 - KEYSTONE BENEFITS GROUP, LLC
2014 - KEYSTONE INSURANCE & BENEFITS GROUP, LLC
AROUND THE WEB
- Keystone XL survived politics but economics could kill it
By GRANT SCHULTE, Associated Press - Thursday Aug 3, 2017
- Farmers And Ranchers Are Planning To Install Solar In The Path Of The Keystone Pipeline
By Adele Peters - Wednesday Jul 12, 2017
There’s now a direct contrast between the proposed dirty fuel pipeline and a clean energy future.
In rural Polk County, Nebraska, Jim Carlson’s fifth-generation farm happens to be directly in the proposed path of the Keystone XL pipeline. Now, roughly a month before a key state hearing over permits that would be needed to build the pipeline, Carlson is part of a group planning to install solar panels on his farm in the same spot where the pipeline would go.
- 'Junk Insurance' vs. 'Junk News' at the NY Times
Monday Jul 17, 2017
Why is “choice” in matters of one’s personal health suddenly a bad thing?
- Trump administration pulls health law help in 18 cities
By CARLA K. JOHNSON, AP Medical Writer - Thursday Jul 20, 2017
CHICAGO (AP) — President Donald Trump's administration has ended Affordable Care Act contracts that brought assistance into libraries, businesses and urban neighborhoods in 18 cities, meaning shoppers on the insurance exchanges will have fewer places to turn for help signing up for coverage.[...] insurers and advocates are concerned that the administration could further destabilize the marketplaces where people shop for coverage by not promoting them or not enforcing the mandate compelling people to get coverage."There's a clear pattern of the administration trying to undermine and sabotage the Affordable Care Act," said Elizabeth Hagan, associate director of coverage initiatives for the liberal advocacy group Families USA.Two companies — McLean, Virginia-based Cognosante LLC and Falls Church, Virginia-based CSRA Inc. — will no longer help with the sign-ups following a decision by Centers for Medicare and Medicaid Services officials not to renew a final option year of the vendors' contracts.The insurance exchanges, accessed by customers through the federal HealthCare.gov or state-run sites, are a way for people to compare and shop for insurance coverage.The health law included grant money for community organizations to train people to help consumers apply for coverage, answer questions and explain differences between the insurance policies offered.
- Employer-based health coverage likely to stay awhile
By LAURIE KELLMAN and JOYCE M. ROSENBERG, Associated Press - Friday Aug 4, 2017
[...] with those premiums rising, Rowen this year is again covering his 70 or so workers under the umbrella of employer-sponsored health insurance.Employer-provided health insurance is so ingrained in the American workplace that people expect it to continue even as politicians thrash out the role of government in health care.With the GOP crusade to repeal and replace "Obamacare" failing, the federal mandates that people have insurance and that employers with more than 50 workers provide it seem likely to stay in place in the foreseeable future.Workers have been getting their health insurance through their employers for decades, since the U.S. government exempted employer-paid health benefits from wage controls and income tax during World War II.Large companies "need to attract and retain employees and they'd be at a competitive disadvantage if they stopped offering health benefits," said William Kramer, executive director for national health policy for the Pacific Business Group on Health.Some experts question whether the ACA's employer mandate makes much, if any, difference when there's a solid business case for providing health care:Even if the employer mandate had been repealed, the Congressional Budget Office estimated that larger companies would have been hard-pressed to cancel their health benefits, although some smaller firms would have done so.Rowen, the glass business owner, says his health insurance decisions had less to do with the employer mandate than with cost and employee retention.
- NY insurance company dragged into Wells Fargo scandal
By Kevin Dugan - Tuesday Aug 1, 2017
The New York insurance company that wrote policies for 800,000 questionable Wells Fargo auto loans has been dragged into the bank’s latest scandal. National General Insurance was named in a class-action lawsuit filed against the bank — for allegedly unduly profiting from $80 million in collateral protection insurance that the drivers didn’t need — and...