The president retains his authority to approve or reject an application by TransCanada to cross the border between Canada and the United States to build the pipeline from western Canadian oil sands fields to Steele City, Nebraska. The Obama Administration has stated its review of the application has not been completed.
The State Department has released an environmental review of the project and has received input from various agencies, including the Environmental Protection Agency. It has yet to issue its final report to the president.
TransCanada proposes building the $8 billion pipeline to carry up to 800,000 barrels of oil produced from the oil sands of Alberta to refineries along the Gulf Coast in Texas. The southern portion of Keystone XL, from Cushing, OK to the Gulf Coast is operating. The northern portion would connect Keystone XL with the existing Keystone pipeline that runs from Steele City to Cushing.