Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
Donald Trump plans to restart the Keystone XL pipeline, a stalled project designed to transport oil from Canada to Nebraska, according to Straight Arrow News.
Originally proposed by Canadian firm TC Energy in 2010, the project faced repeated policy shifts: rejected under President Obama in 2015, approved by Trump in 2017, and canceled again by President Biden in 2021.
The pipeline, designed to transport oil from Alberta to Nebraska, is no longer in development. TC Energy abandoned the project in 2021 and dismantled existing infrastructure.
According to a recent Politico report citing an anonymous source, Trump aims to prioritize the pipeline's revival early in his presidency, framing it as a strategic move to strengthen his pro-fossil-fuel agenda and overturn Biden's policies.
However, restarting the project faces considerable obstacles. Any new effort would require fresh permits and a committed company to take on construction, according to Straight Arrow News. The original permits are invalid, and interest might be low due to robust oil production in both the U.S. and Canada.
Furthermore, Canada has developed alternative export routes, reducing the immediate need for additional pipeline infrastructure.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
Comments