Keystone XL Developer Cuts 1,000 U.S., Canadian Jobs After Biden Nixes Oil Proje

TC Energy, the developer of the Keystone XL cross-border oil pipeline, is letting go of 1,000 workers in both the United States and Canada after U.S. President Joe Biden axed the project earlier this week. On his first day in office, President Biden rescinded the Presidential permit for the Keystone XL oil pipeline, saying in an executive order that “The Keystone XL pipeline disserves the U.S. national interest.” “Leaving the Keystone XL pipeline permit in place would not be consistent with my Administration’s economic and…