What is Keystone XL Pipeline Project?
Keystone XL is a 9 billion USD pipeline project which is a part of the larger pipeline network called Keystone that connects the oil sands of Alberta province, Canada to the refineries in Illinois and Texas, USA. It forms the 4th phase of this Canada-USA project that helps reduce distance between the oil producing region to the Texas Gulf Coast which houses most of the North American refineries. The first 3 phases are already completed and these carry 5.5 lakh barrels of oil per day. The new US president is expected to cancel the permit for this project