Keystone XL Pipeline faces another setback

Friday, 09 March 2012 02:13:44 (GMT+3)   |  
       

On Thursday, the US Senate rejected a Republican-sponsored bill that would allow construction of the Keystone XL pipeline to begin immediately. The measure would have permitted the oil pipeline to bypass the Obama administration's objections to the current route. Approval the amendment came four votes short of the 60 required to pass. Only 11 Senate Democrats voted in favor of the measure, joining a unanimous vote from all Senate Republicans. President Obama most recently rejected a plan to expedite construction of the pipeline in January because of insufficient time to review its environmentally sensitive route.

The pipeline has been a divisive issue for an already divided US Congress, and while Republicans claim that the pipeline should be easily approved because of its job creation potential during the construction as well as pipe manufacturing process, and it will lessen the US' dependence on foreign oil, Democrats argue that more time is needed to make an informed decision and concerns over "public health, clean air and clean energy" remain at the forefront.


Similar articles

Local Chinese steel pipe prices mostly decline

28 Mar | Tube and Pipe

US OCTG exports up 26.8 percent in January

27 Mar | Steel News

India’s VSTL setting up greenfield steel pipe making unit in Odisha

27 Mar | Steel News

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

India’s Welspun secures $62 million steel pipe supply contract in Saudi Arabia

26 Mar | Steel News

Some EU flat steel import quotas about to be exhausted near end of period

26 Mar | Steel News

Canada initiates review on line pipe from S. Korea

25 Mar | Steel News

India’s Welspun and Saudi Arabia’s Aramco terminate steel pipe supply contract

25 Mar | Steel News

US and Canadian rig counts both decline week-on-week

22 Mar | Steel News

US structural pipe and tube exports down 41.7 percent in January

22 Mar | Steel News