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Trump clears way for controversial oil pipelines

Crude Oil

Trump clears way for controversial oil pipelines

Reuters Published on Wed, Jan 25, 2017 / 8:09 AM GMT+8

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WASHINGTON (Jan 25): US President Donald Trump signed orders on Tuesday smoothing the path for the controversial Keystone XL and Dakota Access oil pipelines in a move to expand energy infrastructure and roll back key Obama administration environmental actions.

Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to US Gulf Coast refiners. But going ahead with the pipelines would mark a bitter defeat for Native American tribes and climate activists, who successfully blocked the projects earlier and vowed to fight the decisions through legal action.

Trump campaigned on promises to increase domestic energy production. Before taking office he said the Dakota pipeline should be completed and that he would revive the C$8 billion ($6.1 billion) Keystone XL project, which was rejected in 2015 by then-President Barack Obama.

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Trump clears way for controversial oil pipelines

Crude Oil

Trump clears way for controversial oil pipelines

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Trump clears way for controversial oil pipelines

Crude Oil

Trump clears way for controversial oil pipelines

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