New pipeline study would take minimum 12-18 months

Reuters: The Obama administration could save time in evaluating any new Canada-to-Texas crude oil pipeline if it hewed closely to the Keystone XL proposal, but any assessment would take at least 12-18 months, a U.S. official told Reuters on Wednesday. The Obama administration on Wednesday rejected the Keystone XL Canada-to-Texas crude oil pipeline project, a decision welcomed by environmental groups but blasted by the domestic energy industry and congressional Republicans. U.S. President Barack Obama said......

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