Tagged: natural gas pipeline

A major spill of heavy crude oil in Arkansas couldn’t come at a worse time for the Canadian tar sands industry - though President Obama has hinted he’s preparing to green-light the much-debated Keystone XL pipeline, any push in the wrong direction could finish the project before it even begins.  Meanwhile a new report from the Canadian Imperial Bank of Commerce says that, without new pipelines to help ease production bottlenecks, Canada will be missing out on an estimated 15 billion dollars annually.

There’s a new effort underway to attract businesses to the North Country with the prospect of cheaper energy.

NHPR’s Chris Jensen has the story.

An economic development group has a new way to encourage businesses to come to Coos.

It is taking advantage of a natural gas pipeline from Canada that crosses the county, says Jon Freeman, the president of the Northern Community Investment Corporation.

“Typically the natural gas will cost about one quarter of the price of oil.”