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RE: LeoThread 2025-04-06 15:25

in LeoFinance6 months ago

Part 7/10:

Initiatives to upgrade the pipeline began as early as 2013 with Kinder Morgan’s proposals, yet numerous delays sparked by environmental concerns and protests led to substantial cost increases and the eventual withdrawal of private investors in 2018. The Canadian government stepped in, purchasing the pipeline for the purpose of reducing reliance on the U.S. market and directing oil resources to more profitable global markets.

Looking Ahead: New Pipeline Projects and Political Challenges