WATCH: President Trump Issues Presidential Permit For Keystone XL Pipeline FNN
March 24, 2017
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5:58Now PlayingWATCH: President Trump Issues Presidential Permit For Keystone XL Pipeline FNN
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President Donald Trump declared it a "great day for American jobs" on Friday as he formally green-lighted the Keystone XL pipeline, clearing the way for the $8 billion project to finally be completed.
In a reversal of the Obama administration's earlier decision, the Trump administration issued a presidential permit enabling Calgary-based TransCanada to build the pipeline. Appearing alongside TransCanada's CEO in the Oval Office, Trump called it part of a "new era of American energy policy" that he said would lower costs, reduce reliance on foreign oil and create thousands of U.S. jobs.
"It's going to be an incredible pipeline," Trump said. "Greatest technology known to man or woman and, frankly, we're very proud of it."
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