The Hill - The Obama administration will announce Thursday that it is reevaluating the route of the proposed Keystone XL pipeline, a move that will likely delay a final decision on the project until after the election, sources briefed by the administration said. TransCanada Corp.’s Keystone XL pipeline would carry oil sands crude from Alberta, Canada, to refineries in Texas. The proposed pipeline has set off a firestorm in Washington, with critics raising environmental concerns and proponents arguing the project will boost the economy. Sources briefed by the administration said the decision to consider a new pipeline route would likely delay a final decision on the pipeline until after the election. The administration initially planned to make a decision on the project by the end of the year, but the State Department recently acknowledged that the timeline could slip.
The delay puts off a politically volatile decision for President Obama, who faces competing pressures on the project. The president said in a statement released by the White House that he supported the State Department decision. "Because this permit decision could affect the health and safety of the American people as well as the environment, and because a number of concerns have been raised through a public process, we should take the time to ensure that all questions are properly addressed and all the potential impacts are properly understood," Obama said. Read full story here: News New Mexico
Another Project Delayed by a Handful of Environmentalists: Obama's Job Killing Never Ends
Posted by
Jim Spence
on Friday, November 11, 2011
Labels:
Energy,
U.S. Politics
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