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Trump administration approves Keystone XL pipeline
Source:
cnn.com
- Mar 24, 2017
Washington (CNN)President Donald Trump announced Friday that his administration has approved the Keystone XL pipeline, reversing the Obama administration's decision to block the controversial oil project.
Speaking from the Oval Office, Trump officially announced the approval shortly after the State Department issued TransCanada's permit, making good on one of his campaign promises. The approval greenlights the Canadian company to complete construction on the pipeline that will funnel crude oil from Canada to refineries on the Gulf Coast.
"It's a great day for jobs and energy independence," Trump said, calling the pipeline "incredible" and "the greatest technology known to man or woman."
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Category: General Business
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