• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Keystone XL

Obama’s Keystone veto leaves pipeline project in limbo

By
Reuters
Reuters
By
Reuters
Reuters
February 25, 2015, 5:01 AM ET
President Obama Speaks At Southern Site Of The Keystone Oil Pipeline
CUSHING, OK - MARCH 22: Pipe is stacked at the southern site of the Keystone XL pipeline on March 22, 2012 in Cushing, Oklahoma. U.S. President Barack Obama is pressing federal agencies to expedite the section of the Keystone XL pipeline between Oklahoma and the Gulf Coast. (Photo by Tom Pennington/Getty Images)Photo by Tom Pennington — Getty Images

President Barack Obama on Tuesday, as promised, swiftly vetoed a Republican bill approving the Keystone XL oil pipeline, leaving the long-debated project in limbo for another indefinite period.

The U.S. Senate Majority Leader Mitch McConnell, after receiving Obama’s veto message, immediately countered by announcing the Republican-led chamber would attempt to override it by March 3.

That is unlikely. Despite their majority, Republicans are four votes short of being able to overturn Obama’s veto.

They have vowed to attach language approving the pipeline to a spending bill or other legislation later in the year that the president would find difficult to veto.

The TransCanada Corp pipeline would carry 830,000 barrels a day of mostly Canadian oil sands crude to Nebraska en route to refineries and ports along the U.S. Gulf. It has been pending for more than six years.

Obama, who rejected the bill hours after it was sent to the White House, said the measure unwisely bypassed a State Department process that will determine whether the project would be beneficial to the United States.

“Through this bill, the United States Congress attempts to circumvent longstanding and proven processes for determining whether or not building and operating a cross-border pipeline serves the national interest,” he wrote in his veto message.

Republicans, who support the project because of its job-creation potential, made passing a bill a top priority after the November election, when they gained control of the U.S. Senate and strengthened their majority in the House of Representatives.

The bill passed by 270-152 in the House earlier this month and cleared the Senate in January.

Obama has played down Keystone XL’s ability to create jobs and raised questions about its effects on climate change. Environmentalists, who made up part of the coalition that elected the president in 2008 and 2012, oppose the project because of carbon emissions involved in getting the oil it would carry out of Canadian tar sands.

KeystoneMap
The proposed Keystone XL expansion.

TransCanada Chief Executive Russ Girling said in a statement the company was “fully committed” to Keystone XL despite Obama’s veto and would work with the State Department to answer any questions it has about the project.

Opponents of the pipeline praised Obama’s move.

“This veto, along with the president’s increasing public skepticism about Keystone XL … makes us more confident than ever that (the) president will reject the permit itself once and for all,” said Gene Karpinski, president of the League of Conservation Voters, another pipeline opponent.

Republicans lambasted Obama.

“The president’s veto of the Keystone jobs bill is a national embarrassment,” said Republican House Speaker John Boehner. “The president is just too close to environmental extremists to stand up for America’s workers. He’s too invested in left-fringe politics to do what presidents are called on to do, and that’s put the national interest first.”

Obama will make a final decision on the project once the State Department finishes its review, expected in the coming weeks.

But the issue is likely to remain central in Washington’s political back-and-forth for some time.

The chairman of the House Oversight Committee, Jason Chaffetz, sent a letter to Secretary of State John Kerry on Tuesday asking for all reports and documents received by the State Department from other government agencies about the project, according to an aide.

About the Author
By Reuters
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.