State Dept. Expected to Nix Keystone XL

Obama admin. will reject pipeline project

Jan 18, 2012
Outside Magazine

The U.S. Department of State is today expected to reject Trans Canada's bid to proceed with the Keystone XL oil pipeline, a proposed 2,000-mile project that would carry oil from Alberta, Canada to refineries along the Gulf coast. In November, the Obama administration pushed a ruling to early 2013 in an effort to diffuse any political fallout until after the presidential elections. Congress later demanded that a decision be made within 60 days, prompting today's anticipated ruling. The State department will consider alternative routes for the pipeline that avoid environmentally sensitive areas in Nebraska.

Read more at Bloomberg