Environment & Energy Report

Trump Doubles Down on Keystone Oil Pipeline With New Permit

March 29, 2019, 9:48 PM

President Donald Trump issued a new permit for TransCanada Corp.’s controversial Keystone XL pipeline Friday, doubling down on his commitment to the project after a court ruling blocked a previous authorization by his State Department.

The move aims to undercut legal challenges to the $8 billion project, including a November ruling by a Montana-based district judge that faulted the State Department’s previous environmental analysis, according to a person familiar with the matter. The pipeline, proposed more than a decade ago, would carry crude from Canada’s oil sands to the U.S. Midwest. Trump’s State Department approved the project in 2017 after...

To read the full article log in. To learn more about a subscription click here.