President Obama Vetoes Keystone XL Pipeline
By Rachael Peart 02-25-15
President Obama vetoed the Keystone XL Pipeline this week. The project, which has been in development for six years, would move oil from Alberta, Canada to refineries in Texas, Oklahoma, Illinois and Montana.
Obama vetoed the final phaseof this four-phase project, otherwise known as the Keystone XL Pipeline, on February 24 and sent it back for congressional action.
Approving the Keystone XL pipeline became a top priority when republicans took over control of Congress in January. The bill was most recently revised on Jan 29 and approved by the house on Feb 11. Republicans,who need at least two-thirds of the total vote in order to override this veto, don’t seem to have enough votes.
The Senate will vote by March 3.
The Keystone Pipeline (Phase I) was completed in June 2010. Phase II, the Keystone-Cushing extension was completed in February 2011. The Gulf Coast Extension was completed in January 2014; and a shorter extension to a Houston refinery is set to be completed mid-2015.