Keystone XL Pipeline Nixed After Biden Stands Firm On Permit

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The sponsor of the Keystone XL crude oil pipeline pulled the plug on the contentious project Wednesday after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit on the day he took office.

Calgary-based TC Energy said it would work with government agencies “to ensure a safe termination of and exit” from the partially built line, which was to transport crude from the oil sand fields of western Canada to Steele City, Nebraska.

Construction on the 1,200-mile (1,930-kilometer) pipeline began last year when former President Donald Trump revived the long-delayed project after it had stalled under the Obama administration. It would have moved up to 830,000 barrels (35 million gallons) of crude daily, connecting in Nebraska to other pipelines that feed oil refineries on the U.S. Gulf Coast.

Biden canceled the pipeline’s border crossing permit in January over longstanding concerns that burning oil sands crude could make climate change worse and harder to reverse.

Read more at AP News.

{Matzav.com}


1 COMMENT

  1. Why can’t it be brought to a public referendum? The price of gasoline has gone up 50% since the election and is showing no sign of slowing. This president and his mentor, the 44th president, don’t seem to care: maybe, just maybe, us, the people, do care! After all the government is supposed to be run “by the people and for the people” as stated in the constitution.

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