
U.S. Rejects Keystone XL Pipeline
After seven years of regulatory limbo, Obama administration says “no” to TransCanada application President Obama announced today that he has rejected TransCanada’s (ticker: TRP) Keystone XL pipeline project after seven years of regulatory holdup. The decision comes as the president makes steps to solidify his environmental legacy during his final year in office. The 1,179-mile pipeline would have carried 800,000