Obama administration rejects Keystone Pipeline

Thursday, 19 January 2012 01:28:03 (GMT+2)

News broke Wednesday that President Obama's administration would be rejecting the Keystone XL Pipeline proposal from TransCanada Corp,  which would deliver crude oil from Alberta, Canada to Texas.

A press release from the US State Department stated: "Today, the Department of State recommended to President Obama that the presidential permit for the proposed Keystone XL Pipeline be denied and, that at this time, the TransCanada Keystone XL Pipeline be determined not to serve the national interest. The President concurred with the Department's recommendation, which was predicated on the fact that the Department does not have sufficient time to obtain the information necessary to assess whether the project, in its current state, is in the national interest."

President Obama had tried to push the deadline date back to 2013 to give time to do the appropriate research needed for the decision. According to the State Department, since there is no way to determine the environmental and health risks from the project, Obama was forced to decline the proposal.

 previous article  /  next article