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1 1 (June 11, 2019)

handle is hein.crs/govbaas0001 and id is 1 raw text is: aCongressional SResearch Service Keystone XL Pipeline: The Saga Continues June 11, 2019 On March 29, 2019, President Trump issued a new Presidential Permit for the proposed Keystone XL Pipeline, superseding the prior Presidential Permit issued by the U.S. State Department in 2017. By issuing the new permit personally, rather than delegating his permit authority as before, the President pursued a new approach to advance the pipeline project in the face of ongoing legal challenges. The pipeline's developer, TC Energy (previously named TransCanada), has not yet made major capital commitments to the project as it evaluates changing oil market conditions and seeks a clear path to construction. Congress has acted in the past to influence the pipeline's approval and many Members remain interested in its development. Keystone XL Pipeline Project Keystone XL is intended to transport oil sands crude from western Canada, and shale oil from North Dakota and Montana, to a hub in Nebraska for further delivery to Gulf Coast refineries (Figure 1). The U.S. pipeline section would be 880 miles long with the capacity to deliver 830,000 barrels per day. The project is motivated by constrained oil pipeline capacity for Canadian exports, which has depressed Western Canadian oil prices realized by oil sands producers. Development of Keystone XL has been controversial, however. Pipeline proponents argue for increasing U.S. oil supplies from a stable ally, which they argue offers economic benefits, especially jobs. Opponents express concern about greenhouse gas emissions, continued U.S. dependency on fossil fuels, and the environmental risk of an oil release. Keystone XL requires a Presidential Permit because it would cross an international border. The developer applied for a Presidential Permit initially in 2008 and again in 2012. The Obama Administration denied both applications. However, upon invitation from the Trump Administration and an associated directive for federal agencies to expedite review, TransCanada resubmitted its application on January 26, 2017. Prior to issuing the 2017 State Department permit, the Trump Administration exempted Keystone XL from the scope of a Presidential Memorandum requiring domestically produced materials for new U.S. pipelines. Cong ~o~aIRe ~ V ~5 00 wcr~.gav

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