Case Study: The Keystone XL Saga – A Pipeline of Lessons ???

Few projects have stirred as much debate as the Keystone XL pipeline. Originally planned to transport 830,000 bpd of Canadian crude to U.S. refineries, this $9 billion project faced regulatory hurdles, environmental pushback, and political flip-flopping before its eventual cancellation in 2021.

?? Key Facts:

• The pipeline promised tens of thousands of jobs during construction.
• Cancellation resulted in a $1.3 billion loss for TC Energy.
• U.S. imports of Canadian crude still hit 3.8 million bpd, largely through existing infrastructure.

? The Takeaway: Keystone’s journey underscores the importance of balancing regulatory risks and public perception with market demand. Even the best-laid plans can be derailed by external forces.

?? Disclaimer: I specialize in navigating complex projects like these. As a consultant, I can connect you with experts and opportunities while helping you avoid the pitfalls. DM me to chat about strategy!