Keystone Pipeline: A Reject

WASHINGTON—The Obama administration will announce today it is rejecting TransCanada’s application for a permit to build and operate a massive oil pipeline across the U.S.-Canada border. The so-called “shovel-ready” project would cost $13 billion to link Canadian crude with the largest refining markets in the U.S. Opponents say it would contribute to greenhouse-gas emissions and endanger freshwater supplies.

From The Washington Post: “However the administration will allow TransCanada to reapply after it develops an alternate route through the sensitive habitat of Nebraska’s Sandhills. Deputy Secretary of State William J. Burns will make the announcement, which comes in response to a congressionally-mandated deadline of Feb. 21 for action on the proposed Keystone pipeline.”

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