Overview

• Donald Trump reiterated his desire to revive the Keystone XL pipeline, promising streamlined approvals if re-elected.
• The Keystone XL project was previously canceled in 2021 by President Biden, despite significant progress and investment by TC Energy.
• TC Energy no longer owns the pipeline's remnants, having spun off the assets and repurposed materials, complicating any potential restart.
• Canada faces its own pipeline challenges, with political and regulatory hurdles deterring private companies from pursuing new projects.
• Experts highlight that both U.S. and Canadian pipeline projects face opposition from environmental groups, lengthy permitting processes, and uncertain political cycles.