President-elect Donald Trump will likely restart the Keystone XL pipeline, according to the reports. The pipeline was canceled on the first day of President Joe Biden’s administration.
Should Trump restore the pipeline, thousands of jobs in both the United States and Canada would be opened.
Trump believes that restarting the 1,200 Canada-to-Nebraska project would fulfill the pro-oil message highlighted during his campaign, Politico reported.
A source familiar with the matter told the outlet, “It’s on the list of things they want to do first day.”
During his debate with Vice President Kamala Harris, Trump said, “Why does Biden go in and kill the Keystone [XL] pipeline and approve the single biggest deal that Russia’s ever made, Nord Stream 2, the biggest pipeline anywhere in the world going to Germany and all over Europe?” He noted it was because “they’re weak and they’re ineffective.”
CEO of TC Energy François Poirier said Trump’s second administration will bring the United States “energy security.”
“[Trump] is very focused on affordability. He understands the role that energy plays, and energy security, on the international stage,” Poirier said. “Having the free flow of energy between the three countries in North America is very important. And having more supply of oil and gas from Canada will help contribute to lower prices in the U.S.”
