A look back at the Keystone XL pipeline drama as Trump touts its potential revival
CALGARY — The latest volley of U.S. tariffs targeting Canada are temporarily on hold, and social media postings from U.S. President Donald Trump suggest a revival of the defunct Keystone XL pipeline is factoring into ongoing negotiations.
The U.S. and Canada have recently paused tariffs against each other, and President Donald Trump's social media claims suggest a potential revival of the Keystone XL pipeline. This pipeline, which was initially proposed in 2008, aimed to transport crude from Canada to U.S. refineries. However, it was repeatedly halted by former President Joe Biden and was ultimately abandoned by President Obama.
Trump, in his second term, has consistently expressed his desire to revive the pipeline, which is currently owned by South Bow Corp. following a transfer from TC Energy Corp. South Bow recently opened "open season" on its Prairie Connector proposal, garnering 20-year agreements from potential customers for its transportation services.
This pipeline would utilize existing infrastructure from the Keystone XL proposal and is currently seeking final investment decisions.
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