Keystone XL Pipeline: Trump's Third Shot

0:00It's April 30, Canada News Today starts now, AI-powered and ready. I'm Cory with the story. The Keystone XL pipeline, first pitched over 15 years ago, might get a third shot at life after two U.S. presidential cancellations. Canadian Prime Minister Mark Carney brought it up with President Donald Trump this week and Trump seemed open to the idea. This route would carry crude oil from Alberta to Nebraska, boosting Canadian exports to U.S. refineries. Earlier versions got killed by Obama in 2011, revived by Trump in 2017, then axed again by Biden in 2021. Now, with Trump back, old supporters like Alberta Premier Danielle Smith are pushing hard, calling it simpler and cheaper than new West Coast options. Folks in Alberta's energy scene are buzzing. Business leaders want ironclad guarantees against future shutdowns since building takes four or five. Years minimum. Former Premier Jason Kenny hails the jobs and tax bucks while even opposition figures see it as a bargaining chip.

1:03Conservative leader Pierre Polyver backs it to urging Carney to move fast. Experts point to big row blocks though. Massive pass losses for the company, shifting U.S. politics and court fights that could drag on. Environmental groups haven't budged. They say America's move passed needing Canadian oil. Legal pros note, permitting rules are easing, but no President's promise is buying the next one. Still, if Trump greenlights it with real backing, this could finally flow, easing Alberta's oil woes and tightening U.S. Canada energy ties, just. Don't bet the farm until shovels hit dirt.