President-elect Joseph R. Biden Jr. is expected to cancel the Keystone XL pipeline permit on his first day in office, quickly reversing his predecessor’s approval of a project to move oil from Canada to the Gulf of Mexico, according to a person familiar with Mr. Biden’s plans for his first days in office. It’s expected to happen on Jan. 20, amid a flurry of other executive actions that Mr. Biden plans to take to demonstrate his determination to reverse Mr. Trump’s legacy. Had it been completed, the pipeline was designed to take /up to 830,000 barrels/day of Canadian and North Dakota crude to refineries in Texas and Louisiana for processing into oil that could be exported oversees or used to enhance domestic supplies. (Source: NY Times 01/18/21) Biden Expected to Cancel Keystone XL Pipeline Permit - The New York Times (nytimes.com) UPDATE: CALGARY, Alberta - Canada's main oil-producing province Alberta urged Prime Minister Justin Trudeau on Monday to mount a last-ditch effort to save an $8 billion pipeline and threatened to seek damages if U.S. President-elect Joe Biden cancels Keystone XL. (Source: Reuters 01/18/21) Canada's Alberta urges Trudeau to press Biden, save Keystone XL pipeline (yahoo.com)
No comments:
Post a Comment