In an unfortunate loss for U.S. energy development, pipeline developer TC Energy today announced the termination of the Keystone XL project after more than a decade of legal challenges, regulatory hurdles, and political strife. The decision comes after President Joe Biden earlier this year canceled a key permit for the 1,200 mile crude oil line. It would have moved up to 830,000 barrels of crude daily from western Canada to Nebraska, where it would then connect with other pipelines that feed oil refineries on the U.S. Gulf Coast.
Below is a statement that can be attributed to me, Craig Stevens, spokesman for the GAIN Coalition:
“TC Energy’s unsurprising decision to formally end development of the Keystone XL pipeline is a loss for regional energy security, economic growth, US-Canadian relations, and common sense. Unfortunately the small, yet vocal opposition to North American energy development overly-politicized a straightforward infrastructure project that would have created thousands of US union jobs. We hope that TC Energy, other developers, and shippers find a more fair audience in critical infrastructure projects moving forward.”