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The ruling of a U. Shares of companies that would ship oil on the pipeline also slid.
The ruling drew an angry response from Trump, who approved the pipeline shortly after taking office. The pipeline would carry heavy crude from Alberta to Steele City, Nebraskawhere it would connect to refineries in the U. Midwest and Gulf Coast, as well as Gulf export terminals. Canada is the primary source of imported U.
Two pipeline projects have been scrapped due to opposition, and the Trans Mountain line project still faces delays even after the Canadian government purchased it this year to move it forward.
Alberta has felt the financial pressure, and an industry source said the provincial government last month solicited proposals from companies on ways to move crude faster by rail. The source said proposals included ideas such as buying rail cars and investing in loading terminals.
Alberta Energy Minister Margaret McCuaig-Boyd said the province has sent a proposal to Ottawa to move crude faster by rail that includes making more tank cars available. Morris, in his ruling, ordered the government to issue a more thorough environmental analysis before the project proceeds.
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Steele City NE Demographics data with population from census
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