President Barack Obama’s advisers are lining up against the proposed Keystone XL oil pipeline. Top Democratic donors oppose the project. And Obama himself dismisses claims that it will create many jobs.
TransCanada Corp.’s Keystone XL pipeline route through Nebraska was ruled illegal by a state court judge in a decision seen as setting back the project by as long as a year as U.S. officials consider approving it.
Energy Transfer Partners LP, a Dallas pipeline builder, was awarded $319 million by a Texas jury that found Enterprise Products Partners LP wrongfully dropped it from plans for an oil conduit to compete with the Keystone XL project’s southern leg.
A decision on the proposed Keystone XL oil pipeline that has been under U.S. review for more than five years is facing additional questions from Senate Democrats who plan to ask for a study on the project’s health impact.
The proposed Keystone XL pipeline cleared a key hurdle today with a government study that found its impact on the climate would be minimal, which supporters said meets President Barack Obama’s test for allowing the project to be built.