• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipOil

Donald Trump Will Advance Keystone XL and Dakota Access Pipeline Construction

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
January 24, 2017, 10:22 AM ET

U.S. President Donald Trump plans to sign two executive actions on Tuesday to advance construction of the Keystone XL and Dakota Access pipelines, an administration official told Reuters.

The move comes after months-long protests by environmentalists and Native American groups in North Dakota against Energy Transfer Partners LP’s $3.8 billion Dakota Access pipeline, which would bring crude oil from the state’s Bakken oil patch through the Midwest and into the U.S. Gulf Coast.

A company spokeswoman could not immediately be reached for comment.

Under former president Barack Obama, Transcanada Corp’s Keystone XL oil pipeline was rejected in 2015 after environmentalists campaigned against the project for more than seven years. Transcanada declined to comment.

Trump’s action, which comes in his fourth full day in office, would be a boon for oil producers concerned about limited pipeline capacity bringing oil to market.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.