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Obama Administration to Reject Keystone XL Pipeline

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Breaking news out of Washington, D.C. this morning, where reports are saying that the Obama administration will shortly formally reject TransCanada’s application for a permit to build the $7B, 1,700-mile Keystone XL oil pipeline.

According to the Washington Post, the administration will allow TransCanada to reapply after it develops an alternate route through the sensitive habitat of Nebraska’s Sandhills.

In a statement last November, President Obama said, “Because this permit decision could affect the health and safety of the American people as well as the environment, and because a number of concerns have been raised through a public process, we should take the time to ensure that all questions are properly addressed and all the potential impacts are properly understood.”

Celebrities like Robert Redford, Ian Somerhalder, Mark Ruffalo, Alec Baldwin, Daryl Hannah, and more have long been involved with a long list of environmental groups in opposing the construction of the pipeline.

The official announcement is expected at 3 p.m. by Deputy Secretary of State William Burns. More as we get it.

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    There will be many detractors who say the President caved to special interests at the expense of American Jobs. If we focus on the development of green energy alternatives those will produce just as many, if not more, jobs in the US.

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