Who Owns Keystone Pipeline (Jan) Find Out Here! -> Did you hear about the cancellation of a permit for a billion-dollar pipeline project? Check this out to learn more.
Did you recently stumble upon news about Keystone Pipeline? Do you want to know who owns Keystone Pipeline? Continue reading to learn the answers to these questions.
In the United States and Canada, Keystone Pipeline is quite popular since 2010. This pipeline passes through various places like Regina and Nebraska.
Nowadays, this pipeline is among the trending topics as the president-elect, Joe Biden, is expected to make a big announcement related to it. Read on further to know more.
Table of Contents
About Keystone Pipeline
It is a crude oil pipeline that starts from Hardisty in Alberta and goes all the way to Patoka in Illinois in the United States. The pipeline project was proposed in the year 2005.
If you’re wondering who owns Keystone Pipeline and why is this oil pipeline in the news, then continue reading this post.
The owners of Keystone Pipeline are TC Energy and the government of Alberta. TC Energy is an Alberta-based company that was founded in 1951.
As per the info available on the internet, the company is involved in the business of liquid pipelines and natural gas.
Things to know about Keystone Pipeline:
- The Keystone Pipeline starts from Alberta and ends in Illinois.
- People are searching for questions like who owns Keystone XL Pipeline.
- The crude oil pipeline is owned by an energy company, TC Energy, and the government of Alberta.
- The company TC Energy was known as TransCanada before 2019.
- TC Energy is a public company with over 7000 employees.
- The company is responsible for a network of gas pipelines across North America.
- The Keystone XL project has been in the news as environmentalists have questioned its climate consequences.
- The pipeline’s completion has been delayed due to protests from the environmentalists.
- The pipeline is anticipated to produce a lot of carbon emissions.
- According to news, president-elect Joe Biden is going to cancel the permit that could further put a permanent halt to the project.
Latest news about Keystone Pipeline
The reason why questions like who owns Keystone XL Pipeline are trending in today’s time is that Joe Biden is expected to cancel the permit. This announcement is expected to be in favour of the fight against climate change.
The news of the cancellation of the permit has stirred up a controversy as people are divided over it. Also, this may put an end to the Keystone XL Pipeline project that involved billions of dollars.
Concluding remarks
Questions like who owns Keystone Pipeline are trending as the new president is expected to cancel the permit that allows the completion of the laying of the pipeline.
The pipeline that is owned by TC Energy and the Alberta government has been a subject of a lot of controversies.
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