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Nov 5, 2014
Nov 5, 2014

Emboldened Republicans to strike early on Keystone pipeline approval

WASHINGTON (Reuters) – Senate Republicans will charge ahead early in 2015 with a bill to approve the long-stalled Keystone XL oil pipeline from Canada, a move that would back President Barack Obama into a corner and set the tone for how the party taking control of Congress will govern the next two years.

The $8 billion project, which would deliver heavy Canadian oil sands crude from Alberta to Nebraska and make it easier to deliver oil from North Dakota’s Bakken region to the U.S. Gulf Coast, has languished for six years awaiting presidential approval, which is needed because the pipeline crosses a national border.

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