This past Wednesday, the Keystone XL Pipeline project, first proposed back in 2008 and stalled by former President Barack Obama, then resurrected by Former President Donald Trump, has finally seen its end at the hands of old Uncle Joe. The Project has finally been terminated by TC Energy which is the Canadian developer of the project and has lead to the loss of thousands of American jobs.
The pipeline was projected to be able to transport over 800,000 barrels of oil per day and moving it from Alberta, Canada all the way through Nebraska to end up in refineries settles along the Texas Gulf Coast.
Previously, Trump had issued his approval of a right-of-way that permitted the $8 billion Keystone XL oil sand pipeline to be stretched across 46 miles of land that is currently controlled by the federal government, which would have been a GIANT step toward the completion of the construction of the pipeline.
As reported by The Associated Press, the 1.200-mile pipeline had already gotten ahold of the required permits from the states and localities to be constructed, but until the right-of-way the needed section passing through Montana, which is currently held by the Bureau of Land Management and the U.S. Army Corps of Engineers, is now legally off-limits.
The original Keystone pipeline was constructed back in June 2010 and traveled the 2,100-mile trek from Hardisty, Alberta, in Canada through Steele City, Nebraska, to Wood River Refinery in Roxana, Illinois, and Patoka Oil Terminal near Patoka, Illinois. Back in January of 2014, the third phase of the project was completed which ran about 500 miles from Crushing to the refineries out in Port Arthur, Texas. In 2016, however, a pipeline running laterally was added on that went over to Houston, Texas.
The proposed Keystone XL pipeline connected Hardisty to Steel City using the much shorter path that ran through Montana while using a much larger diameter pipe, to run through Baker, Montana.
In a press release, TC Energy attributed the cause of death of the pipeline to be the executive order issued by President Biden on his inauguration day. TC Energy stated:
TC Energy Corporation confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project. Construction activities to advance the Project were suspended following the revocation of its Presidential Permit on January 20, 2021.
François Poirier, TC Energy’s President and Chief Executive Officer, went on to add:
We remain grateful to the many organizations that supported the Project and would have shared in its benefits, including our partners, the Government of Alberta and Natural Law Energy, our customers, pipeline building trade unions, local communities, Indigenous groups, elected officials, landowners, the Government of Canada, contractors and suppliers, industry associations and our employees.