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Obama Administration rejects Keystone XL Pipeline

January 19, 2012
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WASHINGTON — The Obama Administration has denied a permit for the Keystone XL Pipeline, a proposed $7 billion pipeline system that would transport oil from Canada to multiple destinations in the U.S.

In a statement released Wednesday, President Obama said that a deadline backed by Congressional Republicans “prevented a full assessment of the pipeline’s impact.”

“This announcement is not a judgment on the merits of the pipeline, but the arbitrary nature of a deadline that prevented the State Department from gathering the information necessary to approve the project and protect the American people,” Obama said in the statement.

READ MORE:

Obama to face ‘political consequences’ if pipeline goes unapproved, lobbyist warns

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