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Obama Administration Denies Keystone Pipeline Permit

January 19, 2012 by  

Obama Administration Denies Keystone Pipeline Permit

President Barack Obama announced that he will deny a permit for the Keystone XL pipeline, as he noted that the Republicans tried to impose a “rushed and arbitrary deadline” that did not give officials enough time to properly evaluate the project, Fox News reported.

According to the news outlet, GOP lawmakers immediately responded to the President’s move, as House Speaker John Boehner (R-Ohio) said Obama is “selling out American jobs for politics.” He noted that the Republicans in Congress would keep pushing for the pipeline.

The decision by the President does not definitively kill the project, as the State Department said the denial “does not preclude any subsequent permit application.” Within hours of hearing about the move by Obama, TransCanada, the company behind the pipeline, announced it would reapply for a permit, Fox News reported.

“Until this pipeline is constructed, the U.S. will continue to import millions of barrels of conflict oil from the Middle East and Venezuela and other foreign countries,” TransCanada said in a statement. “Thousands of jobs continue to hang in the balance if this project does not go forward.”

The Washington Times reported that U.S. Chamber of Commerce head Tom Donohue said that the move by the President sends a message to the business community and investors that America is not open for business.

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