White House Delivers Another Blow to Keystone XL Oil Sands Pipeline

摘要

US President Barack Obama on Wednesday rejected TransCanada’s proposed Keystone XL oil sands pipeline, arguing that Congress had imposed a “rushed and arbitrary” February deadline on his administration and prevented it from making a carefully weighed decision on the project. The announcement was condemned by oil industry groups and their supporters in Congress who have long argued that the project would create badly needed jobs and boost US energy security by importing additional volumes of crude from neighboring Canada.