Keystone XL pipeline moves ahead, but what does it mean for Saskatchewan?

He expressed his excitement over the line as it will create thousands of jobs.

Trump, however, campaigned on a promise to approve it, and he signed an executive order soon after taking office in January to advance the project.

TransCanada's stock on the Toronto Stock Exchange barely changed Friday, closing at $61.82, up six cents or 0.1 per cent.

"We greatly appreciate President Trump's administration for reviewing and approving this important initiative", he said, according to the Associated Press. TransCanada (TSX:TRP) must still reach deals with some landowners there, it lacks a state permit and faces possible court challenges there and in South Dakota.

TransCanada spokesman Terry Cuhna said he did not know of anyone seeking to intervene in support of the company.

Ricketts said in a statement posted on Twitter that the project would help his state. The decision in Nebraska rests in the hands of an independent commission, with members elected by voters.

At a White House event attended by TransCanada chief executive officer Russell Girling and Sean McGarvey, president of North America's Building Trades Unions, Mr. Trump heralded what he called "a new era of American energy policy" that he said would lower costs for United States consumers, reduce reliance on foreign oil sources, and create thousands of jobs.

"We're not going to let you down, sir", Girling told the president. Activists also intend to bring the fight directly to lawmakers at town hall meetings along the project's almost 1,200-mile route. TransCanada responded by shifting the pipeline's path eastward, Dennis writes for the Washington Post, but opponents are still concerned about the project's environmental impact.




U.S. President Donald Trump speaks during a National Economic Council meeting.

The new administration reversed that decision Friday, as Trump moved to fulfill his vow to undo the previous administration's work on climate change and aggressively promote oil development. The Dutch company was one of 17 banks funding the $2.5 billion loan to Energy Transfer Partners, the US Fortune 500 natural gas and propane company building the pipeline.

"The Presidential Permit is only one part of a web of federal, state, and local permits that must be obtained prior to starting construction", he said. It's not required to report the start of operations to regulators.

He declined to say whether a completed Keystone would enter the calculus of whether the country needs another, larger project from TransCanada.

The 36-inch underground pipeline would carry 830,000 barrels of heavy crude oil daily from the tar sands region of Alberta, Canada, to refineries along the Texas Gulf Coast.

Signing several documents related to construction and infrastructure, Trump suggested that the Keystone and Dakota Access pipelines would be made with USA steel. He also asked Trump to use the United States' position to promote domestic companies, like manufacturing and energy.

"These types of actions, these approvals, are really, I think, good examples of how this [Trump] administration is really interested in making special interests feel happy about furthering their agenda but not necessarily looking out for actually what would benefit the American people", Hartl said. Earlier this month, 33 of the Legislature's 49 members - nearly all Republicans - signed a letter endorsing the project.

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