TC Energy Pulls Plug On Keystone XL Pipeline

The XL crude oil pipeline project, intended to transport oil from Canada to the U.S., faced cancellation when President Biden revoked its permit due to climate concerns. TC Energy plans a safe exit from the partially built line. The project, initiated under the Trump administration, has been controversial, with legal challenges from 21 states arguing it would have created numerous jobs.

Why did President Biden revoke the permit for the XL crude oil pipeline?

• Due to financial constraints

• Because of environmental concerns

• To improve international relations

• To support local oil production

What is TC Energy's plan after the revocation of the pipeline permit?

• To relocate the pipeline

• To work with regulators for a safe exit

• To seek new investors

• To abandon the project completely

Which administration initiated the construction of the XL crude oil pipeline?

• Obama administration

• Biden administration

• Bush administration

• Trump administration

How many states' attorneys general sued to overturn the pipeline's cancellation?

• 15 states

• 21 states

• 30 states

• 10 states

What was one of the main arguments in favor of the pipeline project?

• It would improve environmental conditions

• It would enhance international trade

• It would create thousands of construction jobs

• It would reduce oil prices