A Canadian company pulled the plug on Keystone four years ago after the Canadian government failed to persuade then-President Joe Biden to reverse his cancellation of its permit on the day he took office. It was to transport crude from the oil sand fields of western Canada to Steele City, Nebraska.
Trump previously revived the long-delayed project during his first term after it had stalled under the Obama administration. It would have moved up to 830,000 barrels (35 million gallons) of crude daily, connecting in Nebraska to other pipelines that feed oil refineries on the U.S. Gulf Coast.
The Canadian government official said Trump was receptive to the idea when it was talked about during their White House meeting Wednesday. The official said Carney linked energy cooperation to Canada’s steel and aluminum sectors, which is subject to 50% U.S. tariffs. The official spoke on condition of anonymity as they were not authorized to speak publicly on the matter.
Carney mentioned building major projects and “unleashing Canadian energy" in a live video call with business leaders in Toronto on Wednesday.
The pipleine construction work had already started when Biden canceled the border crossing permit. More than a thousand people lost their jobs.
Carney is under pressure from the oil-rich province of Alberta to get a pipeline built.