House Passes Bill Approving Construction Of Keystone XL Pipeline

MarketWatch Pulse

The House of Representatives passed a bill Wednesday that would approve construction of the Keystone XL oil pipeline. The bill was approved in the Senate in January and now heads to President Barack Obama. The White House, however, has said that Obama would veto legislation to build the pipeline if it reaches his desk. Obama wants to let a U.S. government review of the Canada-to-U.S. Gulf Coast pipeline conclude. The review has been ongoing for more than six years. The vote in the House was 270 to 152.

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