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Wednesday, February 22, 2012

Following Keystone Rejection Canada's Oil Sands Headed to China

Following Keystone Rejection Canada's Oil Sands Headed to China

Beginning in 2005, Congressional Republicans and the oil industry touted the 2,147 mile-long Keystone XL 830,000 barrel per day (bpd) pipeline, running from Canada’s Hardisty, Alberta oil sands to U.S. refineries on the Gulf of Mexico. But last month, in an attempt to force a decision from the Obama administration on the pipeline, congressional Republicans tacked a rider onto legislation extending the payroll tax cut by requiring the government to decide within 60 days on the issue, which was rejected for the foreseeable future. Furious…Read more...

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