More Hurdles Ahead for Keystone XL, TransCanada Head Tells Trump
- CEO cites Nebraska logjam as continuing to delay startup
- Trump says project represents a new era in U.S. energy policy
Trump Says Keystone XL 'One of Many Projects' to Approve
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TransCanada Corp. said there’s more "work to do” before it can start construction of the $8 billion Keystone XL pipeline.
The controversial project, which would help bring crude from Canada’s oil-sands to the U.S. Gulf Coast, was approved by the Trump administration Friday. Other permissions, including from states along the way and the U.S. Interior Department, are still required.