Judge halts construction of Keystone XL oil pipeline
A U.S. judge in Montana late Thursday halted construction of the Keystone XL pipeline, which would carry heavy crude oil from Canada to the United States, throwing another obstacle in the path of the project that has been in development for a decade.
The ruling dealt a major setback to TransCanada Corp and could delay the construction of the $8 billion, 1,180 mile (1,900 km) pipeline. It was also a blow to U.S. President Donald Trump, who approved the line shortly after taking office in 2017 as part of his plan to boost U.S. energy infrastructure.
A TransCanada spokesperson could not be immediately reached for comment.
The ruling is a victory for environmentalists, tribal groups and ranchers who have spent more than a decade fighting against construction of the pipeline that will carry heavy crude from Alberta to Steele City, Nebraska. From there, it would connect to key refining points in the U.S. Midwest and U.S. Gulf Coast, as well as export terminals in the Gulf.
https://www.msn.com/en-us/money/markets/judge-halts-construction-of-keystone-xl-oil-pipeline/ar-BBPwcXZ?li=BBnbfcN
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