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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Thehammer who wrote (465465)	1/18/2012 11:51:56 AM
From: FJB	5 Recommendations Read Replies (3) \| Respond to of 794338

REPORT: State Department To Reject The Keystone Pipeline Mamta Badkar\|Jan. 18, 2012, 11:35 AM\| businessinsider.com The controversial Keystone Pipeline will reportedly be denied by President Obama during the vote this afternoon, according to Fox News. Transcanada will however be allowed to reapply with an alternate route going through Nebraska. The project has been extremely controversial for two big reasons. With unemployment at 8.5% the pipeline could create much-needed high-paying jobs. Moreover, it would provide cash-strapped governments with tax revenues. On the other hand after the BP Deepwater spill of 2010 and ExxonMobil's July 2011 pipeline spill, environmentalists are pressuring the Obama administration to nip the project in the bud. More to come...