The 645-mile pipeline, dubbed "Keystone Light" in reference to Keystone XL line cancelled in 2021 after former President Joe Biden revoked its US permit, would move up to 550,000 barrels per day of Canadian crude into American markets
The Trump permit enables construction of a 645-mile Canada-to-Wyoming crude pipeline connecting to one in Alberta, but challenges from environmental groups as well as further state and federal reviews are still ahead.
This $500-million expansion has more than doubled the facility’s rentable area, making it the largest convention center in western Canada—forecast to deliver an estimated $100 million in annual economic impact, according to the project team.
About $8B of proposed wind and solar projects may be at risk under the new province edict, but 500-MW Buffalo Plains onshore wind generator is set to operate by year-end.
Uncertain economic returns and duration of federal tax credits could delay or cancel project proposed by six oil firm majors, set to be the world’s largest, says energy sector research firm Wood Mackenzie.
Work near Edson on the $10B Trans Mountain oil pipeline expansion, $1.8B expanded NGTL gas line and $1.2B Cascade Energy power plant has brought at least 2,500 workers to town, with housing scarce.