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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Updated 7 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.
2 hours ago - World

China embraces hostage diplomacy

Illustration: Sarah Grillo/Axios

The Chinese government is threatening to detain foreign citizens unless their home governments do what Beijing demands. In some cases, China has already made good on those threats.

The big picture: This marks a potential evolution of China's "wolf warrior diplomacy" to outright rogue state behavior, putting it in the company of countries like North Korea and Iran, which have also engaged in hostage diplomacy.

Justice Department sues Google over alleged search monopoly

Illustration: Lazaro Gamio/Axios

The Justice Department and 11 states Tuesday filed an antitrust lawsuit against Google, accusing the company of using anticompetitive tactics to illegally monopolize the online search and search advertising markets.

Why it matters: The long-awaited suit is Washington's first major blow against the tech giants that many on both the right and left argue have grown too large and powerful. Still, this is just step one in what could be a lengthy and messy court battle.