Keystone Delay Helps Obama Rekindle Environmentalist Support
This article is for subscribers only.
Delaying a decision on TransCanada Corp.’s Keystone XL oil pipeline will help President Barack Obama repair frayed relations with environmentalists as he runs for re-election.
A State Department official said politics played no role in its announcement yesterday that it will study alternate routes for the $7 billion pipeline, delaying a decision on approving it until after the 2012 election.