Law360, New York (January 18, 2012, 4:24 PM ET) -- President Barack Obama's politically explosive rejection of TransCanada's proposed Keystone XL pipeline on Wednesday will cause delays, but it won’t doom the $7 billion project in the long run, experts say.
Obama said the denial was not a judgment on the merits of the pipeline, and blamed congressional Republicans for forcing a conflict by legislating an unrealistic 60-day deadline to approve or deny the application. Republicans countered that the project, which has been under review since 2008, should be immediately approved in an effort to add...
Keystone Pipeline Alive Despite Permit Denial
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