Trump signs order clearing way for pipeline from Canada to Wyoming, reviving parts of Keystone XL
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U.S. President Donald Trump signed an order authorizing the construction of a new pipeline from the Canadian border to Wyoming, potentially reviving part of the defunct Keystone XL route, though its realization depends on uncertain commitments from oil producers. The project, proposed by Bridger Pipeline LLC, would transport over 500,000 barrels of oil per day and relies on potential Canadian infrastructure like the stalled Keystone XL or a proposed new line called Prairie Connector. Industry experts remain skeptical about the project's viability due to past political reversals and shifting market incentives for Canadian oil exports.
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Open this photo in gallery:Rail cars arrive in Milton, N.D., loaded with pipe for the first Keystone Pipeline project in February, 2008.Eric Hylden/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountU.S. President Donald Trump removed a major hurdle for a new pipeline that would partially revive the route of the abandoned Keystone XL project, transporting more than 500,000 barrels of oil a day from the Canadian border to Wyoming, when he signed an order Thursday authorizing its construction. Whether that will translate to a corresponding line in Canada is unclear, however, as oil companies mull over how much crude they want to send south – particularly as talks around a new pipeline from Alberta to the West Coast gain momentum.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.