The Globe and Mail reports in its Thursday edition that a new proposal for a pipeline that would transport more than 500,000 barrels of oil a day from the Canada-U.S. border to Wyoming could revive part of the long-dead Keystone XL project, but it would face stiff economic challenges in a tight market. The Globe's Emma Graney writes that it would require rapid permitting by President Donald Trump's administration if it is to avoid the issues that bedevilled the project over the almost 15 years between its initial proposal and eventual demise. The certificate that would allow South Bow LLC to build the Canadian portion of Keystone XL remains valid, according to the Canada Energy Regulator, and the company continues to comply with its permit conditions. The project's possible revival stems from a proposal by Bridger Pipeline LLC to build a pipeline to deliver roughly 550,000 barrels a day of crude from the Canada-U.S. border in Phillips county, Montana, to Guernsey, Wyo. Bridger, a private oil transport company, submitted its proposal to the Montana Department of Environmental Quality on Jan. 28. The project would require a presidential permit, along with various other approvals seen as quickly achievable.
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