Monday, December 19, 2011

Obama unlike to change oil pipeline



It doesn't sound like President Obama is going to change his mind on a proposed oil pipeline from Canada to Texas, even if Congress passes a bill designed to pressure him into a quick approval.

Gene Sperling, director of the National Economic Council, noted that proposals in Congress only require Obama to make a decision within 60 days. The State Department continues to conduct an environmental review of the Keystone XL oil pipeline project.

Under the Republican plan, Obama would be required to grant a permit to the Keystone pipeline or issue a determination that the project is not in the national interest within 60 days of the bill.

Even if political party like Congress passes a payroll tax cut bill, there's no sign that Obama will change his view and approve the Keystone pipeline project right away.


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