It’s a sign of how quickly the energy industry is evolving that the company behind one of the country’s largest natural gas pipelines has been forced to change its name to one that references a natural gas pipeline that runs through Texas.
The change is being seen as a rebuke to the Texas Commission on Environmental Quality (TCEQ), which had ordered the company to remove the reference to Keystone XL from the name of its gas pipeline in January.
The agency issued a preliminary order in January ordering the pipeline to be changed to reflect its natural gas lines that pass through the state.
The company has appealed the decision.
In a statement, the company said it had decided to rename the pipeline as the Keystone XL Pipeline after finding that the name was inappropriate.
The new name “is a tribute to the unique connection between natural gas and oil that is embodied in the Keystone Pipeline,” the company added.
But the name change does not mean the company is abandoning the Keystone pipeline.
It will still operate the pipeline, but its owners will be required to pay to remove it from the state’s water system.
The original name of the pipeline was Keystone XL.
“The pipeline remains in operation, and we will continue to work to improve our infrastructure,” the statement said.
In an interview, the CEO of the company, David Perdue, said he has been thinking about the change for months.
“We didn’t have a pipeline on the ground in Texas.
We didn’t know where it was going to go, what it would do,” he said.
“So we just went ahead and did it.”
But Perdue said the decision to change the name has nothing to do with the new water crisis that has affected the state and was just an honest mistake.
“I think we’re doing a really good job,” he told ABC News.
“What we’re seeing is a natural disaster in the area, but we’re not in the business of telling people where they should go, nor what to do.
We’re just trying to be as efficient as we can and do as much as we possibly can to keep our customers safe.”