Sponsor of Keystone XL Pulls Plug on Project

Sponsor of Keystone XL Pulls Plug on Project
Image: tibu/iStock/Thinkstock
June 9th, 2021 | AP News

BILLINGS, Mont. (AP) – The sponsor of the Keystone XL crude oil pipeline says
it is pulling the plug on the contentious project after Canadian officials
failed to persuade the Biden administration to reverse its cancellation of the
company’s permit on the day the president took office. Calgary-based TC Energy
said Wednesday it would work with government agencies “to ensure a safe
termination of and exit from” the partially built project. The pipeline would
have transported crude from the oil sand fields of western Canada to Steele
City, Nebraska. Construction on the 1,200-mile line began last year when former
President Donald Trump revived the long-delayed project after it had stalled
under the Obama administration.

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