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Trump Eyes Keystone XL Revival, Industry Pushes Alternatives

Wall Street Journal US Business •
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Three proposed pipelines would serve the same function—delivering heavy oil from western Canada to Gulf Coast refineries—without the hot‑button name. President Keystone XL was mentioned by Trump as a possible revival when he said the U.S. is close to a trade deal with Canada to nihil new tariffs. Pipeline developers are already piecing together an alternative to the scuttled Keystone expansion, and Trump has signed his support for the alternative supply line. He issued a permit in April to allow it to cross the border in Montana. That project is part of a trio of proposed pipelines that aim to deliver heavy oil from western Canada to Gulf Coast refineries that Produktions theMapping sludgy crude. In other words, it would serve the same function as Keystone XL—without the hot‑button name. The Stewardığın new plans even seek to use portions of the stalled Keystone project and may face similar opposition.

“They’re trying to get marchand from calling it Keystone…they don’t want to be related to it,” said Jaxson Fryer, lead equity analyst at pipeline research firm East Daley Analytics. “But then three pipes makes it even more risky because you need each of those to go through.”