Arab Today, arab today exxon politics sank keystone xl
Last Updated : GMT 17:46:26
Arab Today, arab today
Arab Today, arab today

Exxon: Politics sank Keystone XL

Arab Today, arab today

Arab Today, arab today Exxon: Politics sank Keystone XL

Houston - UPI

A decision to delay a permit for TransCanada\'s Keystone XL oil pipeline was based largely on U.S. politics, an energy executive said. U.S. President Barack Obama in January denied a permit for TransCanada to build the billion-dollar Keystone XL oil pipeline. Republican leaders had tried to push the permit through by including the pipeline in a bill that extended payroll tax benefits. Obama rejected the permit because of an \"arbitrary\" deadline proposed in the legislation. Exxon Mobil Chief Executive Officer Rex Tillerson told a major energy conference in Houston that industry leaders were practicing due diligence with the project but it was the U.S. political system that was getting in the way of development. The decision to deny the initial permit for TransCanada, Tillerson said, was because of \"political calculations\" in Washington. \"In the end, it was also a disservice to public employees who are charged with overseeing this process and who met their obligations,\" he was quoted by the Platts news service as saying. \"We must continue to engage elected officials of the public to communicate the consequences of failing to move forward with such strategic opportunities.\" Backers of the pipeline describe it as a \"shovel-ready\" project that would shield the U.S. market from the effects that Middle East tensions have on the oil market. Critics say crude oil from Canada, designated for Keystone XL, is one of the dirtiest types of crude oil. TransCanada can reapply after it settles on a route through Nebraska.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exxon politics sank keystone xl Arab Today, arab today exxon politics sank keystone xl

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today exxon politics sank keystone xl Arab Today, arab today exxon politics sank keystone xl

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday