The U.S. State Department is poised to issue an environmental review of the proposed Keystone XL oil pipeline that will likely say the project will not appreciably increase carbon emissions, sources said late Thursday, forcing President Barack Obama closer to a tough decision. Rumors swept through Washington late Thursday that the long-delayed review of the 1,179-mile (1,900-km) pipeline to bring oil from Canada to Nebraska would finally be released as soon as Friday. "The Environmental Impact Statement is in the final stages of preparation and we anticipate a release of the document soon," a senior State Department official said late on Thursday, speaking on condition of anonymity. Supporters say the TransCanada Corp project would create thousands of jobs and reduce U.S. reliance oil imports from nations that are less friendly than Canada.
via Business News - Yahoo Finance http://ift.tt/1aMEAiO
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