On 18 January 2012 President Obama rejected TransCanada’s request for a “national interest” determination to approve construction of the Keystone XL pipeline. Keystone XL was approximately 1700 miles long to transport 36-inch diameter pipeline to 1.1 million barrels per day of Canadian heavy oil from Alberta (and shale oil from Montana) to the U.S. Gulf Coast. But the American environmental community had all of its resources on stopping Keystone XL concentrated – to them, a symbol of the nation’s refusal to d … Read more »

On 18 January 2012 President Obama rejected TransCanada’s request for a “national interest” determination to approve construction of the Keystone XL pipeline. Keystone XL was approximately 1700 miles long to transport 36-inch diameter pipeline to 1.1 million barrels per day of Canadian heavy oil from Alberta (and shale oil from Montana) to the U.S. Gulf Coast. To them, a symbol of the nation’s refusal to deal with climate change – But the American environmental community had focused all its resources on stopping Keystone XL. Now the head of Keystone had to find out what had gone wrong, and to decide what to do next, to approve the project.
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from
Richard H.K. Vietor
Source: Harvard Business School
24 pages.
Release Date: 10 October 2012. Prod #: 713039-PDF-ENG
Keystone XL pipeline HBR case solution

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