Jul 28, 2017

Keystone XL pipeline might not have enough demand to run

Evan Vucci / AP

TransCanada said Friday it hasn't determined whether there's enough demand for the Keystone XL pipeline, per a Politico report. Demand for the pipeline, which would connect oil sands in Alberta, Canada, with U.S. exporters and refiners, will be assessed this November.

What it means: That throws the pipeline's construction in question and is the strongest acknowledgement yet from TransCanada that this project, which is one of the first that Trump approved in his administration, might actually fail.

The problem with demand: It's coming from Asia. "If you're a producer in Alberta, the conundrum you face here is you really want to go west. Do you want to take barrels to the Gulf coast and fight with everyone else sending barrels through the Gulf Coast? ... no," said Rusty Braziel, president of RBN Energy.

The pipeline still needs Nebraska's approval, but TransCanada announced today it has opened it up to potential customers to bid for contracts to ship oil.

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The sports teams that have issued statements on George Floyd protests

Data: Twitter; Graphic: Andrew Witherspoon/Axios

74 of 123 teams (60%) across the big four American sports leagues issued statements regarding George Floyd's murder and the ensuing nationwide protests as of 12 a.m. ET today.

Why it matters: Teams should be judged by their actions more than their words, but seeing who did and did not acknowledge the biggest story in America gives a sense of what each franchise believes its role — and the role of sports more broadly — should be at a time like this.

Updated 44 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 a.m. ET: 6,289,259 — Total deaths: 375,987 — Total recoveries — 2,706,820Map.
  2. U.S.: Total confirmed cases as of 7 a.m. ET: 1,811,277 — Total deaths: 105,147 — Total recoveries: 458,231 — Total tested: 17,340,682Map.
  3. Public health: Nearly 26,000 coronavirus deaths in nursing homes have been reported to federal health officials —Coronavirus looms over George Floyd protests across the country.
  4. Federal government: Trump lashes out at governors, calls for National Guard to "dominate" streets.
  5. World: Former FDA commissioner says "this is not the time" to cut ties with WHO.
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What it was like when police used tear gas to clear a path for Trump

President Trump walking back to the White House. Photo: Brendan Smialowski/AFP via Getty Images

Moments before President Trump began his Rose Garden address, a mass of law enforcement suddenly marched forward in Lafayette Park, across Pennsylvania Avenue from the White House.

Why it matters: It was a jarring scene as police in the nation's capital forcefully cleared young men and women gathered legally in a public park on a sunny evening, all of it on live television.