On January 24, President Donald Trump signed an executive order allowing TransCanada to reapply for a permit to build Keystone XL By approving Keystone XL, President Donald Trump may have salvaged the $2.9-billion writedown TransCanada Corp. took after former President Barack Obama rejected the company’s application in 2015, but that doesn’t mean he fixed the system. The method by which pipelines are reviewed and regulated remains dysfunctional, subject to the same forces of environmental obstructionism and political whim that led to Keystone’s rejection in the first place, to the same forces that led Prime Minister Justin Trudeau to reject Enbridge’s Northern Gateway pipeline.
Category: Natural Gas
TransCanada makes new application for Keystone XL
TransCanada Corp. has submitted a new presidential permit application to the U.S. Department of State for approval of the Keystone XL pipeline. The project would move oil 1,180 miles from Alberta to Steele City, Nebraska, where it would connect with other lines for refineries along the U.S. Gulf Coast.
TransCanada CEO vows to ‘diligently’ work on permit application for Keystone XL
The CEO of TransCanada says the company will work “diligently” to complete an application for a presidential permit to build the Keystone XL pipeline after U.S. President Donald Trump said he would support its construction. In his first remarks since Trump’s endorsement, Russ Girling says he believes the project makes “imminent sense” for both Canada and the United States.
A timeline of the Keystone XL oil pipeline
Notable events in the dispute over the Keystone XL oil pipeline, which is slated to run from Canada to U.S. refineries in the Gulf Coast. March 2008 – The U.S. State Department issues a presidential permit for a $5.2 billion Keystone pipeline to transport crude oil.