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TransCanada Reapplies for Keystone Permit

TransCanada has reapplied for a permit to build the Keystone XL pipeline that will connect oil development in Alberta to the U.S. Gulf Coast, the State Department has confirmed.

May 04, 2012

TransCanada has reapplied for a permit to build the Keystone XL pipeline that will connect oil development in Alberta to the U.S. Gulf Coast, the State Department has confirmed.

TransCanada wants the permit for a section of the pipeline that would run from the Canadian border to connect to existing pipeline in Nebraska, according to a State Department statement. The issue has become a political imbroglio in the United States, CNN reports, with Republicans accusing the Obama administration of delaying the project in an election year to placate the environmental lobby, and saying the administration's delay retards job growth.

Some Democrats have questioned the number of jobs that will be created by the project.

Source: CNN

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