Thursday, January 19, 2012

Keystone Pipeline Gets Rejected

Keystone Pipeline Gets Rejected - President Barack Obama on Wednesday rejected plans for a massive oil pipeline through the heart of the United States, ruling there was not enough time for a fair review before a looming deadline forced on him by Republicans. His move did not kill the project but could again delay a tough choice for him until after the November elections. Right away, the implications rippled across the political spectrum, stirred up the presidential campaign and even hardened feelings with Canada, a trusted U.S. ally and neighbor. For a U.S. electorate eager for work, the pipeline has become the very symbol of job creation for Republicans, but Obama says the environment and public safety must still be weighed too. What the Keystone XL pipeline would mean for the US The plan by Calgary-based TransCanada Corp. would carry tar sands oil from western Canada across a 1,700-mile (2,735-kilometer) pipeline across six U.S. states to Texas refineries. Obama was already on record as saying no, for now, until his government could review an alternative route that avoided environmentally sensitive areas of Nebraska — a route that still has not been proposed, as the White House emphasizes. But Obama had to take a stand again by Feb. 21 at the latest as part of an unrelated tax deal he cut with Republicans. This time, the project would go forward unless Obama himself declared it was not in the national interest. The president did just that, reviving intense reaction. Keystone Pipeline Gets Rejected

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