The company behind the Keystone XL pipeline said it will not be restarting the pipeline after both Canadian and American elected officials called for the project’s revival amid soaring oil and gas prices. The Biden administration Tuesday banned Russian oil imports over the conflict in Ukraine as the average price for a gallon of gasoline soared to a record high of over $4 nationwide. “The Keystone XL Pipeline Project was terminated and will not proceed,” a TC Energy spokesperson told several news outlets on Tuesday. Although the pipeline would have transported some 830,000 barrels of oil from Alberta, Canada, to the U.S. interior, the project ran into regulatory hurdles before President Joe Biden in early 2021 signed an executive order to suspend its construction. When asked Wednesday about restarting the Keystone XL pipeline, White House press secretary Jen Psaki told reporters that ‘”there’s [sic] no plans for that, and it …
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