Obama Punts, Delays Pipeline Decision

    So this is leadership. Reuters reports that President Barack Obama plans to announce on Thursday that his administration will explore an alternative route for a Canada-Texas oil pipeline, delaying final approval until after the 2012 presidential election. The $7 billion Keystone XL project is designed to carry oil—the equivalent of more than a million barrels of oil per day—from tar fields in Alberta to refineries | Read More »