» Politics over jobs; Obama rejects Canadian oil pipeline » News News
Raising the stakes on a bitter election-year fight with Republicans, President Barack Obama on Wednesday rejected a Canadian company’s plan to build a U.S.-spanning, 1,700-mile pipeline to carry oil across six U.S. states to Texas refineries.
Though the project promises thousands of temporary jobs for the recovering U.S. economy, Obama said a February deadline set by Congress would not allow for a proper review of potential harm from the $7 billion Keystone XL project.
“As the State Department made clear last month, the rushed and arbitrary deadline insisted on by congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment,” Obama said.
The plan proposed by Calgary-based TransCanada would carry oil from tar sands in western Canada to Texas, passing through Montana, South Dakota, Nebraska, Kansas and Oklahoma.
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