Tuesday, February 28, 2012

White House Says Keystone Pipeline Still Possible

The White House today stepped up its counteroffensive against GOP attacks on President Barack Obama’s energy record, announcing that a Canadian oil firm was resubmitting its Keystone XL pipeline plan for a federal permit. Carney also announced that TransCanada would build a pipeline from Cushing, Okla., to the Gulf of Mexico to “help address the bottleneck of oil in Cushing that has resulted in large part from increased domestic oil production, currently at an eight-year high. Moving oil from the Midwest to the world-class, state-of-the-art refineries on the Gulf Coast will modernize our infrastructure, create jobs and encourage American energy production. We look forward to working with TransCanada to ensure that it is built in a safe, responsible and timely manner, and we commit to take every step possible to expedite the necessary federal permits.”...more

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