Tuesday, January 24, 2017

Trump Expected to Sign Executive Actions to Advance Two Pipeline Projects


President Trump is slated to sign Executive Actions on Tuesday that would advance the Keystone XL and Dakota Access Oil Pipelines.

During the Campaign, Trump repeatedly promised to green-light Keystone XL, which if completed would carry Canadian Oil Sands Crude from Alberta to Texas.

It’s unclear exactly how Trump will advance Keystone.

He could undo a 2004 George W. Bush Administration Order that requires a broad Inter-Agency review led by the State Department of Cross-Border Pipeline Projects, a move that would make it easier to approve the Project.

The Pipeline has been at the center of one of the Largest Opposition Campaigns in the history of the Environmental movement, with activists launching a years-long push to kill the Project. Former President Obama rejected Keystone in 2015 after a lengthy analysis of the Project.

The planned 1,100-mile Dakota Access pipeline, which would run from North Dakota to Illinois, has also become a focal point of Progressive Opposition to fossil fuel Projects. Native American Tribes joined with activists to protest the Pipeline in a series of demonstrations that caught National attention over the last few months.

Any move to approve the Pipelines will face Legal challenges from Environmental Groups.

UPDATE
President Trump has signed the Executive Order to go ahead with both Pipelines.

The Pipelines would be built with U.S. Steel and maybe add 28,000 jobs, the final number is not known at this time.

The next question is what will Trump do with the two Pipelines to Mexico approved by President Obama, the Trans-Pecos and Comanche Trail, going from Texas into Mexico.?

They will move U.S. Fracked Gas across the U.S.-Mexican border to flood the energy grid in Mexico.

Shortly after the approval of these two pipelines, the U.S. and Mexican Governments announced the signing of an agreement creating the U.S.-Mexico Energy Business Council. This council is full of major Oil and Gas players, including the CEO of Hunt Consolidates Energy, former Energy Policy Advisor for George W. Bush and the CFO of Sempra Energy’s Mexican Subsidiary.











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