Wednesday, January 18, 2012

Breaking News: Keystone Pipeline Rejected

CNBC has confirmed within the past hour that the Obama administration will reject the application for the TransCanada Keystone XL oil sands pipeline. Energy prices are generally unaffected:

Other reports:
NPR: Reports: Obama Administration Will Reject Keystone Pipeline Proposal
NY Times: State Dept. to Put Pipeline on Hold, Officials Say
BBC: Keystone XL oil pipeline plan 'to be rejected'
Politico: Keystone XL pipeline to be rejected by Obama administration

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