Trump Seeks Keystone XL Pipeline Revival

1 min read
Source: POLITICO
Trump Seeks Keystone XL Pipeline Revival
Photo: POLITICO
TL;DR Summary

Donald Trump plans to revive the Keystone XL oil pipeline if re-elected, despite the project's cessation and lack of interest from companies to build it. The pipeline, initially approved by Trump in 2017 and later revoked by President Biden, faces significant challenges, including the need for new permits and land acquisition. The current oil market conditions and increased U.S. oil production make the economic case for the pipeline less compelling. Trump's interest in the project is seen as a political move to promote a pro-oil agenda and counter Biden's policies.

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