TransCanada Wants to Give Keystone XL Pipeline Another Try

The TransCanada Pipeline Project, that has been denied the mandatory presidential permit from the U.S. State Department for 7 years now, has it hopes renewed. The company, TransCanada, never gave up on the project and now that Trump has been elected the president they hope to convince him to allow the project finally.

Key Takeaways:

• TransCanada said it hopes to persuade the new Trump administration to revive the controversial Keystone XL crude oil pipeline that President Obama rejected in 2015.
• The Washington Post writes that Calgary-based TransCanada said it is “evaluating ways to convince the new administration on the benefits.
• the jobs and the tax revenues this project brings to the table.” Trump has said if elected, he would allow the Keystone project to move forward.

“The Washington Post writes that Calgary-based TransCanada said it is “evaluating ways to convince the new administration on the benefits.”

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