Who is behind keystone pipeline

The Chamber has long supported the Keystone XL pipeline. GDP growth, including millions in state and local tax revenue. On January 20, , President Biden announced his intention to revoke the Presidential Permit to construct the pipeline.

The pipeline—the most studied infrastructure project in American history—is already under construction and has cleared countless legal and environmental hurdles. This is a politically motivated decision that is not grounded in science. Many of North America's oil refineries are based in the Gulf Coast, and industry groups on both sides of the border want to benefit.

An increased supply of oil from Canada would mean a decreased dependency on Middle Eastern supplies. According to market principles, increased availability of oil means lower prices for consumers. Mr Trump said the project would create 28, construction jobs. Canadian Prime Minister Justin Trudeau had also supported the pipeline and said "we are disappointed but acknowledge the president's decision" to cancel the permit to build it. Donald Trump issued the permits within days of taking office, stipulating only that American steel be used in the work.

Even back in , the US state department appeared confused about the issue. After first saying XL would not have significant adverse effects on the environment, it advised TransCanada to explore alternative routes in Nebraska because the Sandhills region was a fragile ecosystem. Beyond the risks of spillage, the pipeline means a commitment to develop Alberta's oil sands.

Despite the recent push to find renewable sources of energy and move away from fossil fuels, the amount of oil produced in northern Alberta is projected to double by It's argued by some that by developing the oil sands, fossil fuels will be readily available and the trend toward warming of the atmosphere won't be curbed. The fate of the pipeline is therefore held up as symbolic of America's energy future. The Keystone XL pipeline would then connect to existing pipelines and transport oil to refineries along the Gulf Coast.

The pipeline would span miles. TransCanada, a Canadian-based company, oversees the project. The Keystone XL pipeline would cross the U. State Department. Under the National Environmental Policy Act NEPA , all federal agencies must submit a report on the potential impacts of all major federal actions that may affect the environment. Under NEPA, the federal government was required to evaluate and document the pipeline's potential environmental impacts.

TransCanada applied for a presidential permit in The permit was denied by the State Department under George W. Bush R. The company re-applied for a permit in May after it modified the pipeline's route. The permit application required an additional environmental impact study. In November , the Obama administration denied TransCanada a presidential permit. President Obama D argued that approving the pipeline would undercut federal climate change policies aimed at reducing carbon dioxide CO 2 emissions.

In response, TransCanada said the company "will review all of its options in light of a permit denial for Keystone XL," including filing a new permit application. The company called the decision "a damaging blow to jobs, the economy and the environment on both sides of the border.

State Department under the Trump administration issued its presidential permit approving the Keystone XL pipeline. In response to the decision, TransCanada CEO Russ Girling said, "We greatly appreciate President Trump's administration for reviewing and approving this important initiative and we look forward to working with them as we continue to invest in and strengthen North America's energy infrastructure.

On November 20, , the Nebraska Public Service Commission voted to approve construction of a portion of the Keystone XL pipeline in Nebraska, though the commission rejected TransCanada's preferred route for the pipeline.

The commission held several hearings on the pipeline in and considered more than , comments on the proposed route. The commission's ruling can be appealed to the Nebraska Supreme Court. Jane Kleeb, chairwoman of the Nebraska Democratic Party and founder of Bold Nebraska, a group opposed to the pipeline said, "TransCanada did not get their preferred route which means years of new review and legal challenges are now on the table.

On November 20, , the U. State Department also announced it would review its presidential permit for the pipeline and decide whether additional permitting actions are needed in light of the Nebraska commission's decision to approve an alternative pipeline route. According to polls from May through January , the majority of Americans favored building the Keystone XL Pipeline , but the issue revealed a partisan split with more Republicans than Democrats supporting the project.

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