Thrust Of Obama's Keystone Order Could Be Limited

Law360, New York (March 22, 2012, 6:31 PM EDT) -- President Barack Obama’s order Thursday directing federal agencies to expedite their review of a U.S. leg of TransCanada Corp.’s Keystone XL pipeline could speed up water permitting, but doesn’t appear to affect other remaining regulatory hurdles, according to TransCanada and others familiar with the project.

Facing rising gas prices and Republican invective on the administration’s energy policies, Obama on Thursday ordered federal agencies to coordinate for a quick, efficient review of the so-called Gulf Coast Project, a 485-mile stretch of pipeline to take oil from Cushing,...
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