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Biden Could Cancel Keystone XL Crude Oil Pipeline Permit as Soon as First Day in Office

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SUGAR LAND--January 19, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)-- A source told Reuters that one of President-Elect Joe Biden's first moves in office will be to rescind the permit allowing for the construction and operation of TC Energy Corporation's (NYSE:TRP) (Calgary, Alberta) controversial Keystone XL crude oil pipeline, running from Alberta's oil sands to the previously constructed leg of the Keystone pipeline in Nebraska, which will carry the oil to the U.S. Gulf Coast.

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Industry Segment: Pipelines
Word Count: 718 Words
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