Keystone pipeline decision to languish until mid-June-US source

WASHINGTON, Jan 31 (Reuters) - The Obama administration's decision on the Keystone XL oil pipeline will not be made until at least June, a U.S. official said, which would delay the project for months and frustrate backers of Canada's oil sands.

"We're talking the beginning of summer at the earliest," said the source, who did not want to be identified due to the sensitive nature of the TransCanada Corp project, which has been pending for more than four and a half years. "It's not weeks until the final decision. It's months."

A series of steps still have to be taken by the State Department, where the decision will be made because the 830,000 barrels per day crude oil pipeline crosses the national border. The pipeline will link Alberta's oil sands and North Dakota's Bakken shale fields to refineries and ports in Texas.

The State Department did not comment for this story, but last week a spokeswoman said it did not anticipate making the decision before the end of March. Previously, the department had hinted the decision could come in the middle of the first quarter.

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2 posted on 02/01/2013 4:21:05 PM PST by Nachum (The Obama "List" at www.nachumlist.com)

IMPEACH JOB-KILLER OBAMA!
HE IS BLOCKING THIS ON PURPOSE..
WHY THE F*** IS THIS HIS DECISION ANYWAY?
BUILD THE DAMN THING!!

This decision only makes sense, to me, in light that China would like to buy as many resource as it can for itself. By driving down the value of the resources, by keeping them backlogged for as king as it is possible, it makes it easier to sell to China than holding on to them and continually losing money.

4 posted on 02/01/2013 4:27:56 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)

This decision only makes sense, to me, in light that China would like to buy as many resource as it can for itself. By driving down the value of the resources, by keeping them backlogged for as long as it is possible, it makes it easier to sell to China than holding on to them and continually losing money.

5 posted on 02/01/2013 4:28:19 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)

Why worry about energy and the econony when there are pressing issues needing Constitution trashing, homosexual promoting, scandal covering, and food prohibition.

7 posted on 02/01/2013 4:33:06 PM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")

They don’t have to outright say no to it. They will stop it by delaying the decision over and over and over.

“Why worry about energy and the econony when there are pressing issues needing Constitution trashing, homosexual promoting, scandal covering, and food prohibition.”

Yes, and also taking away our gun rights and legalizing millions of illegal aliens.

Keystone not allowed is one of the anti energy expansion steps and it won’t be long before the new fracking drillng which is making natural gas more affordable will be cut back by bogus EPA rulings. Four more years for Obama & gang to ruin America.

10 posted on 02/01/2013 5:43:39 PM PST by RicocheT (Eat the rich only if you're certain it's your last meal)

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Thanks Nachum. Running interference for Al Gore and George Soros is one of Zero's most important tasks.