Keystone XL Oil Pipeline

Following a seven-year review, U.S. Pres. Barack Obama announced that he has rejected the proposal of a Canadian company to build a pipeline that would have delivered heavy petroleum from Canada to the U.S. Gulf Coast.

The decision was a rare victory for environmentalists, who had opposed the project on the grounds that extracting the petroleum from tar sands in Alberta would contribute significantly to global warming. The petroleum industry and its supporters in the U.S. Congress had argued that construction of the pipeline would create jobs and promote economic growth.

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