Trump wants to resurrect Keystone XL, sources say
In usual "Drill baby, Drill" fashion, insiders are saying that President-elect Donald Trump wants to bring back the Keystone XL Pipeline on day one of his administration.
President-elect Donald Trump plans to revive the Keystone XL pipeline, according to unnamed sources with insider knowledge.
A Politico report said bringing back the pipeline is among the “list of things” his transition team wants to do on the first day back in office after outgoing President Joe Biden shut it down on his first day in office, four years ago.
First developed by TC Energy, the 1,200-mile pipeline would have carried some 800,000 barrels per day if built to completion, carrying Canadian crude to U.S. refineries.
Keystone XL makes so much sense that even the Liberals are now saying they have supported it all along. Adam Soos explains.
— Rebel News Canada (@RebelNews_CA) April 22, 2022
FULL REPORT from @ATSoos: https://t.co/NME04eVh02pic.twitter.com/UPOyFcRU0c
The cancellation cost the employment of tens of thousands of American and Canadian workers, prompting 21 states to sue the Biden administration over his executive order, and faced strong pushback from Republicans, Democrats, and Canadian lawmakers.
“While we welcome the President’s commitment to fight climate change,” Prime Minister Justin Trudeau said in a statement at the time, “we are disappointed but acknowledge the President’s decision to fulfill his election campaign promise on Keystone XL."
"Canada is the single-largest supplier of energy to the United States, contributing to U.S. energy security and economic competitiveness, and supporting thousands of jobs on both sides of the border,” he added. "Workers in Alberta, Saskatchewan, and across Canada will always have our support.”
President-elect Donald Trump intends to revive the construction of the Keystone XL pipeline on his first day in office https://t.co/VGZCvy3hnq
— Sheila Gunn Reid (@SheilaGunnReid) November 21, 2024
Despite successful bids to cancel the pipeline by environmental lobbyists, proponents of the project say demand for Canadian crude remains high.
As reported by Oil Price, oil trains have been used to transport barrels across the Canada-U.S. border.
“The U.S. decision to revoke the permit was unfair and inequitable,” reads a 2021 arbitration filing by TC Energy. The company unsuccessfully sought compensation for the losses incurred from its cancellation.
The tribunal that received the claim writes the financial losses did not constitute a breach of then-free trade provisions. TC Energy promptly removed any pipe that was already laid, meaning future construction would likely begin from scratch.
In its filings, the pipeline developer said the United States had put Keystone XL on a 13-year “regulatory rollercoaster."
Rebel News previously asked for “all briefing notes, emails, messages and communications regarding the Keystone XL pipeline from the Office of the Privy Council from November 1, 2019, to March 12, 2021.”
President-elect Donald Trump intends to revive the construction of the Keystone XL pipeline on his first day in office https://t.co/VGZCvy3hnq
— Sheila Gunn Reid (@SheilaGunnReid) November 21, 2024
TC Energy, an Alberta-based company, announced it had suspended construction on the pipeline ahead of Biden’s inauguration. They anticipated the revocation of the 2017 agreement.
Saskatchewan Premier Scott Moe described the suspension of work as “incredibly troubling.”
“Now is the time for our nations to strengthen our trading relationship, not erect further barriers to collaborative and sustainable development,” Moe told the Financial Post.
The Keystone pipeline would have run crude oil tar from Alberta to oil refineries in Illinois and Texas, where existing infrastructure would transport it to the Gulf Coast for international shipping.
As of 2020, Canada has lost $150 billion in energy investment opportunities since Justin Trudeau became prime minister.
Alex Dhaliwal
Calgary Based Journalist
Alex Dhaliwal is a Political Science graduate from the University of Calgary. He has actively written on relevant Canadian issues with several prominent interviews under his belt.
COMMENTS
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Howard Mirkin commented 2024-11-24 15:09:24 -0500Ask some leftists if they are willing to die to “save the planet”. If they say yes, then tell them to go commit suicide. If they say no, then have them sign a petition to stop banning fossil fuels. Seriously, anyone who still believes that the global-something-or-other-will-destroy-the-earth needs a lobotomy. They are paving the way to mass murder of millions or billions of people as they will find out when the utopian promises of Agenda 2030 turn out to be as false as everything the left says and they are freezing to death in winter and starving to death when it’s warmer.
The globalists in their UN 17 “Sustainable Development Goals” say :
End Poverty. Reality: Ending food will end poverty (and humanity).
Zero hunger: Reality: No humans will end all hunger. Gender equality: Reality: All are equal in death.
Zero inequalities: Reality: All are equal in death, and so on. People who believe their nonsense and lies are the most ignorant of the species. They are unable to see reality. They have no concept of distance or size. They are unable to think past the words in front of them. They are unable to visualize consequences except the ones they have been promised by the conmen, con-women and con-tweens. The followers are unable to comprehend the killing of billions of people. Their leaders do understand making them the most evil entities on earth. They must be destroyed and their followers educated not to fear what is not dangerous. The leaders are in this for the long term. Time for permanent term limits. -
Lynne Osborne commented 2024-11-24 12:49:18 -0500“TC Energy promptly removed any pipe that was already laid, meaning future construction would likely begin from scratch.” Check your facts. I watched a stretch of pipeline between Bindloss and the US border go in and to my knowledge it is still there. Beside if TC pulled the pipe what would the do with it?
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Bernhard Jatzeck commented 2024-11-21 20:53:55 -0500I remember when PET scuttled the Mackenzie Valley Pipeline. Had it been built, Canada might have been rolling in money now. There isn’t a pipeline that a Trudeau didn’t like.
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Bruce Atchison commented 2024-11-21 19:31:15 -0500It’s going to take a lot of assurances for oil companies to restart pipelines. It takes years to get them built but the mercurial nature of democracy makes building large projects risky. Trump will have to have an iron-clad agreement on the Keystone XL pipeline and others he wants to build. It’s the only way I see stability in the petrollium industry.
