Environment & Energy
Related: About this forumShitstain Vows To "Restart" Keystone XL Pipeline On Day 1, Though There Are No Plans To Build It
Donald Trump is looking to revive the Keystone XL oil pipeline on his first day back in the White House, according to three people familiar with the president-elects plan, even though no companies are trying to build it anymore. Trump believes declaring the 1,200-mile Canada-to-Nebraska crude project back on the table would drive the pro-oil message he delivered in his campaign, said people involved in the transition team discussions about the idea. Trump also wants to show he can defy President Joe Biden, who reversed Trumps initial 2017 approval of the project, which was strongly opposed by the climate movement.
Its on the list of things they want to do first day, said one of the people familiar with Trumps plan, who was granted anonymity because they were not authorized to talk to the media. But Trumps renewed interest in the pipeline faces a sharply different reality now than existed than when he first entered office.
The pipelines permit to cross the U.S.-Canadian border was first rejected in 2015 by President Barack Obama. Trump in 2017 reversed that decision and approved the border crossing only to have that decision revoked by Biden in January 2021. After that, TC Energy, the pipelines developer, said it would no longer pursue its construction. Calgary-based TC Energy no longer owns the pipeline system that the Keystone XL was intended to complement. And the portions of the pipeline that TC Energy had put in the ground in both Canada and the United States in anticipation of the cross-border permit approval have been dug up. Replacing that pipe would require any company that wants to rebuild it to again obtain local permits for the project.
And since Keystone XLs demise, U.S. oil output has surged to record levels, making the economic case for the Canadian crude shipments to the Gulf Coast less attractive. Canadas shipments of oil have reached record levels this year but those barrels are moving through a recently built link to the West Coast, providing a new outlet for that Alberta crude.
EDIT
https://www.politico.com/news/2024/11/20/trump-keystone-oil-pipeline-00190603
no_hypocrisy
(49,193 posts)paparush
(7,989 posts)Wwhat Trump says. His mouth is a massive river of bullshit, spewing out every thought that rattles through his Adderal riddled brain, most of which have not the thinnest attachment to reality.
ramapo
(4,744 posts)Insanity begets insanity.
OKIsItJustMe
(21,016 posts)Oh, it has a certain bliss to it.
Historic NY
(38,043 posts)OnlinePoker
(5,850 posts)Nobody would buy it at that price.