Obama rejects Keystone XL pipeline

Nov 6, 2015 11:59 AM by CBS News

After keeping the project on hold for years, President Obama on Friday is officially rejecting the Keystone XL pipeline, administration officials confirm to CBS News.

The nearly 1,200-mile underground oil pipeline would have linked the tar sands fields of northern Alberta to oil refineries on the Texas Gulf Coast. TransCanada Corporation first submitted an application for the project in 2008, leaving the decision looming over Mr. Obama's entire presidency.

Over the years, as Mr. Obama touted investments in alternative energy and the GOP lambasted the administration's regulations over fossil fuels, Keystone became a symbol of the conflict between liberals and conservatives over energy policy.


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