Showing posts with label Republican plan. Show all posts
Showing posts with label Republican plan. Show all posts

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.