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Tuesday, February 24, 2015

Obama to veto Keystone XL approval bill Tuesday, White House says



Financial Post - Top Stories http://ift.tt/1aeugkj

WASHINGTON — U.S. President Barack Obama will veto on Tuesday a bill that would have allowed Congress to approve the Keystone XL oil pipeline from Canada, White House spokesman Josh Earnest said.


Earnest said Congress had sent the bill up to the White House.


Officials have warned in advance that Obama would veto the measure, which would have circumvented a State Department process, underway for years, to determine whether the project is in the United States’ national interest.



The veto will be a blow to the pipeline’s prospects, but not necessarily a fatal one.


The final White House decision on Keystone XL is expected soon, in a separate regulatory process controlled by the president.


© Thomson Reuters 2015, with files from Canadian Press





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