White House decision on Keystone pipeline
UPDATED: The U.S. rejected the final phase of the Keystone pipeline, President Barack Obama announced at his Friday morning press conference. “The State Department has decided that the Keystone XL Pipeline would not serve the national interest of the United States,” said Obama in a statement, adding “I agree.” TransCanada Corp.’s application for the Keystone XL pipeline, shipping oil from Alberta’s oil sands to refineries in the southern U.S., hit a wall earlier this week when Obama rejected the company’s 11th hour request to suspend a review of the pipeline’s final construction phase. The pipeline is partly symbolic at this point; as the tortured application process wound its way through America’s Byzantine