FIRST AIRED: March 24, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
>> I'll start on the topic.>> The Trump administration approving the construction of the Keystone XL Pipeline Friday, clearing the way for the multi-billion dollar project oil companies have been waiting for since 2008. Reuters' energy correspondent Tim Gardner.>> Obama nixed the pipeline in 2015 because he determined that it would add greenhouse gases the scientists blame for warming the Earth, and also that it would not benefit drivers with lower gasoline prices, but it would benefit Canadian oil producers by them having an additional market to send the oil to.
00:00:35
Trump on the other hand wants to have a successful project so he can show that America is working again, and he is out there saying that it will add thousands of jobs, but consensus is it would only add a few dozen permanent jobs.>> But Gardner says there are still further hurdles ahead.
00:00:53
>> While Trump's approval is a strong signal for the pipeline, it still faces a lot of problems in states. Nebraska regulators are gonna look at the new route for the pipeline very closely, and they are gonna hold public hearings on it, and opponents will try to block it.
00:01:08
>> The opponents, environmentalists, land owners, and Native Americans, marched outside the White House in January when Trump signed the executive order to complete the Keystone and the Dakota Access Pipelines.>> We'll likely see a lot more of those protests again, but it's not certain that they will be able to move the president in the way they did Obama.
00:01:28
>> Approving the cross border permit for TransCanada's pipeline ultimately comes down to the State Department's under secretary for political affairs, because Secretary of State Rex Tillerson recused himself from the decision, as he was CEO of oil giant ExxonMobil.