Obama: Keystone XL Pipeline ‘Would Not Make a Meaningful Long-Term Contribution to Economy’

EcoWatch: President Obama on Friday officially rejected TransCanada`s permit to build the Keystone XL, a massive pipeline connecting Alberta, Canada with Gulf Coast refineries that would carry 800,000 barrels per day across the breadbasket of America to be refined, exported and burned. In a letter to Sec. John Kerry Tuesday, Canadian oil giant TransCanada asked the State Department to “pause” its review of the Presidential Permit application for the Keystone XL pipeline. In response to TransCanada’s inquiry......

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