Can Trump Stage a Comeback for Keystone?

Can Trump Stage a Comeback for Keystone?
Donald Trump campaign suggests that if elected president, he would ask TransCanada to try again on the Keystone XL pipeline.

Among the pledges Donald Trump is making to the oil and gas industry is one that resurrects one of its most contentious debates in recent years: building the Keystone XL pipeline across the border between the United States and Canada.

In preparation for a speech at the Detroit Economic Club Aug. 8, the Trump campaign released highlights of his economic package, which included an intent to ask TransCanada to re-apply for a presidential permit.

The pipeline permit, which endured several years of federal regulatory scrutiny, was finally denied in November. TransCanada has filed for NAFTA arbitration and $15 billion in damages, alleging the decision was politically motived. Keystone itself has since become a favorite Republican Party talking point during the current election cycle.

TransCanada spokesman Mark Cooper said the company appreciates support for the pipeline.

“We remain committed to Keystone XL. We have been clear on that since the project was denied by the U.S. Administration in November,” Cooper told Rigzone. “As long as the project continues to receive the support of our customers, we will keep all of our options open.”

Cooper also noted the project earned bipartisan support in Congress, as well as approval from two-thirds of the general public in a variety of opinion polls.

An award-winning journalist, Deon has reported on energy, business and politics for almost 20 years. Email Deon at deon.daugherty@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Deon Daugherty
Senior Editor | Rigzone
 -  OPEC Agrees to Crude Production Cut (Sep 28)
 -  BLOG: Clinton, Trump Offer Little Insi... (Sep 27)
 -  OPEC Production Deal May Be On Hold (Sep 26)
 -  Pioneer CEO Scott Sheffield: Lessons L... (Sep 23)
 -  New Banking Regulations Pushed Oil, Ga... (Sep 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
United States Houston: Product Compliance Manager
Expertise: Regulatory Compliance
Location: Houston, TX
 
Legislative & Regulatory Analyst - Upstream & Midstream
Expertise: Legal|Regulatory Compliance
Location: San Ramon, CA
 
Senior EEO Consultant Job
Expertise: HR - General|Legal|Technical Writing
Location: Denver, CO
 
search for more jobs

Brent Crude Oil : $48.69/BBL 5.91%
Light Crude Oil : $47.05/BBL 5.32%
Natural Gas : $2.952/MMBtu 1.60%
Updated in last 24 hours