President Trump signed executive orders on Tuesday advancing the Keystone XL and Dakota Access pipelines, breathing new life into projects that were halted by the Obama administration and vehemently opposed by environmental and Native American groups.
Trump said that the U.S. would renegotiate both pipelines, which were stopped by the Obama administration because of their effects on the environment and climate. In taking the action, Trump fulfilled a pledge he made to voters on the campaign trail.
Michael Wara, a professor of energy and environmental law at Stanford University, said the Keystone XL Pipeline has become much less important for oil sands producers since oil prices fell in 2014.
“Oil sands projects are being put on hold or cancelled,” Wara said. “So it’s much less clear that the project proponents would move ahead even if it were approved.”Read More