Abstract
Significance The Keystone XL extension is a major new proposed oil pipeline project, with implications for US-Canada trade (at a time of uncertainty surrounding NAFTA negotiations), Canadian oil producers, and the global oil market. Its prospects suffered a blow in November when Nebraska state regulators rejected the pipeline builder TransCanada’s preferred route, opting instead for a lengthier path through the state. Impacts Nebraska’s economy could lose out on millions of dollars in revenue if Keystone XL does not go ahead. US President Donald Trump could be hurt politically if a project that he so publicly backed falls through. Canadian Prime Minister Justin Trudeau faces provincial and local opposition to new pipeline projects.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
