The Trump administration will quickly move to enable forward progress for energy infrastructure and pipeline projects, Washington insider and energy expert Joseph McMonigle predicted during a webinar Nov. 11.

“We’ve been saying since the summertime that if Trump won, you could see the Keystone [XL] Pipeline approved on Day One or the first week of his administration,” said McMonigle, president of The Abraham Group LLC. “We expect that to be the case, and indeed, they’ve kind of signaled that they’re ready to do that.”

The president-elect promised to “absolutely approve [Keystone XL], 100%” during the campaign, but indicated during that time that he would want to renegotiate the terms of permitting, suggesting that he would seek a cut of the profits for the U.S. Treasury.

McMonigle dismissed the notion.

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