Obama administration denies Keystone XL oil pipeline permit

Wednesday, January 18, 2012 - 22:00 in Mathematics & Economics

The State Department says it needs more time to assess the proposal under current law. Project advocates and opponents both are likely to prolong the political fight.The Obama administration denied a permit for the controversial Keystone XL oil pipeline from Canada, leaving the door open for the builder to reapply this year but prolonging a bitter political fight that has raged for months and energized each party's political base.

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