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You are at:Home»Global News»Trump wants the Keystone XL reversal pipeline-but is there an appétit of the industry for this?
Global News

Trump wants the Keystone XL reversal pipeline-but is there an appétit of the industry for this?

February 26, 2025002 Mins Read
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President Donald Trump said on Monday that he wanted Keystone XL Pipeline has built and promised easy regulatory approvals for the project, which opposed for years by environmentalists before its license was revoked by the Biden administration.

The declaration collected an enthusiastic reception of Alberta and the first passers -by of the Saskatchewan, but a teepid of the company detached from its former supporter.

The pipeline was proposed for the first time in 2008 to bring oil Alberta oil Sands to American refiners and was interrupted in 2021 by the owner of TC Energy Corp at the time after former Democratic President Joe Biden revoked a key permit necessary for an American section of the project.

In an article on social networks on Monday, Trump urged the company that built the pipeline to “return to America”, saying that its administration would offer easy approvals and an almost immediate start.

History continues below advertising

“The Trump administration is very different (from the Biden administration) – easy approvals, an almost immediate start! Otherwise they, perhaps another pipeline company. We want the KEYSTONE XL pipeline Built, “said Trump in the post.

Trump’s position did not appoint a company and referred to the one who built the pipeline earlier.

TC Energy destroyed its oil pipeline activity in October from last year in a new company named Southern Arc energy.


Click to play the video:

1:45
Could Alberta buy Keystone XL?


Opponents of this pipeline fought its construction for years, saying that it was not necessary and would hinder the American transition to clean fuel.

The Keystone XL pipeline had to transport 830,000 barrels per day of Bituminous sand from Alberta to Nebraska, but the project was delayed due to the opposition of American land owners, Amerindian tribes and environmentalists.

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Trump had approved a license for the line in 2017, but he continued to face legal challenges that hampered the construction.

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Biden had undertaken to cancel the project during his campaign in 2020 and revoked the permit shortly after taking office in 2021.

The Prime Minister of Alberta, Danielle Smith, went to social networks to show her support for President Trump’s call to restart the construction of the Keystone XL pipeline.

X / @ AbdaniellesMith

The Prime Minister of Alberta, Danielle Smith, went to social networks on Tuesday to show her support for the recovery of the Keystone XL pipeline, publishing on X the project “should never be canceled” and say “, -We on the shovels in the ground immediately! “

A spokesperson for South Bow Corp., the oil oil operator has detached TC Energy Corp. Last and now the owner of the existing Keystone system, said that the company has “progressed” the XL expansion project.

“We continue to engage with customers to develop options to increase Canadian oil supplies to meet growing demand,” said Katie Stavinoha in an email.

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The Keystone XL project – a 1,900 km pipeline that would have circulated from northern Alberta to the main American gross storage center in Cushing, in Okla, then to the Gulf Coast refineries – was first offered during the ‘Obama administration, which rejected it on environmental shit.

He was then relaunched under the first Trump administration, before former president Joe Biden kills him again by revoking the pipeline license during his first day at the White House in 2021.


Click to play the video:

1:58
Trudeau-Trump Meeting Fuels Keystone XL Revival Specula


Richard Masson, Executive Director of the Public Policy School of the University of Calgary, said that the interest of resuscitating Keystone XL did not correspond to the production of Trump to accelerate the production of domestic oil while slapping the American neighbors with prices.

“It seems incoherent to say that we are going to priced the existing oil that arrives while trying to build a pipeline,” he said.

History continues below advertising

“It just doesn’t make much sense.”

Masson said he suspected Trump “really plays his base”, who wants to develop petroleum projects in general.

The Canadian government is “open to productive conversation” on the progress of Keystone XL, said the communications director of the Minister of Natural Resources Jonathan Wilkinson in an email.

“Canadians have always been a reliable energy supplier for our American friends – but unjustified prices and threats against our sovereignty harm our ability and our desire to be an energy partner of our southern neighbor,” said Joanna Sivasankaran.

The Keystone XL project in its current form has all the Canadian permits it needs and the rooms north of the border remain in the ground, added Sivasankaran.

“A promoter of the private sector should move forward to advance the project, and there is not currently an expressing that they would do it,” she said.

“Canada wants to see our continent become a secure energy superpower, and the government supports the steps that guarantee positive results for Canadians.”


Click to play the video: `` Political pipeline the media Continue in the middle of Trump's pricing discussions ''

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Political reflections are continuing in the midst of Trump’s pricing talks


Masson said he saw no business jumping at the opportunity to offer a pipeline that two American presidents have canceled.

History continues below advertising

“It was a really bitter pill for most people in the industry to swallow and why someone would like to take this, unless you may have an explicit guarantee of the states.”

Several oil producers should also register to send large volumes on the line for decades, “and there is simply not much oil planned in Canada these days.”

Producers could justify extensions on bituminous sands, which require years of delay and billions of investment, if market access was guaranteed, added Masson.

“It’s not a problem,” he said.

“But you have to get the moment of these things correctly. And right now, the level of uncertainty is so high that it seems really difficult to see how it could happen. »»

With Kanishka Singh files, Reuters

& Copy 2025 the Canadian press

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