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Bloomberg

State Dept. Says U.S. Permit Denied for Keystone XL Pipeline

January 19, 2012, 12:31 AM EST

By Steve Geimann

Jan. 18 (Bloomberg) -- The Obama administration denied a permit for TransCanada Corp.’s Keystone XL oil pipeline and will let the company file a revised route that avoids an environmentally sensitive area in Nebraska.

The decision by the State Department today was praised by environmentalists, who said the pipeline would add to U.S. greenhouse-gas emissions, and was decried by the U.S. oil and gas industry and Republian lawmakers, who had pushed President Barack Obama to approve the project as a way create jobs.

To contact the reporter on this story: Steve Geimann in Washington at sgeimann@bloomberg.net

To contact the editor responsible for this story: Steve Geimann at sgeimann@bloomberg.net

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