• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Keystone XL as price for a U.S. debt extension? Republicans appear to back away

February 6, 20143:54 PM The Canadian Press0 Comments

WASHINGTON – U.S. Republicans have apparently considered — and rejected — the idea of using a high-stakes fiscal showdown to force the construction of the Keystone XL pipeline.

There had been reports that Republicans in Congress contemplated demanding approval for the pipeline in exchange for their votes to raise the U.S. debt ceiling in the coming weeks — but that they couldn’t agree on it, or any other, debt strategy.

The top Republican in the House of Representatives didn’t deny those reports today and, in fact, appeared to joke about the fact that his caucus is too divided to come up with a cohesive strategy.

In response to a question about making Keystone his party’s bottom line, House Speaker John Boehner quipped: “You know, Mother Theresa is a saint now but… if the Congress wanted to make her a saint and attach that to the debt ceiling, we probably couldn’t get (unanimity with) 218 Republican votes. Sorry.”

The quip drew laughs, but it raised a pair of serious points.

For starters, there’s the threat of global economic chaos if the U.S. defaulted on its debt payments. And there are also deep divisions in the Republican party, between the more moderate brass and conservative grassroots, over how aggressive it should be in the debt fight.

Boehner and other Republican leaders have shown little desire to become embroiled in yet another high-stakes showdown, and there’s talk the party might simply allow for a so-called “clean” debt extension without demanding anything in return.

Some had suggested Keystone XL could be an easy issue for all Republicans to rally around, and extract a political gain during the debt fight. However, Boehner’s remarks today suggest not even that would unite his caucus.

The Obama administration has insisted the pipeline regulatory process is apolitical, and has urged its foes not to interfere.

A decision on the Alberta-to-Texas pipeline is at least three months away, but there’s no fixed deadline for a decision.

Keystone XL

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Keeping cool: How Meta plans to cut down on water use at its Alberta data centre
  • Tanker traffic slows in Strait of Hormuz after US and Iran clashes
  • Prime Minister of Canada Mark Carney and the Crown Prince and Prime Minister of Saudi Arabia, His Royal Highness Mohammed bin Salman commit to deepening bilateral engagement and economic cooperation
  • Iran escalation could threaten 2027 oil market surplus, IEA says
  • Oil heads for weekly gain as Middle East supply risks persist

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2026 Stack Technologies Ltd.