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Senate Panel Approves Bill To Bypass Obama On Keystone XL

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Bloomberg
June 18, 2014

A U.S. Senate committee approved a bill that would bypass President Barack Obama and permit the long-delayed Keystone XL pipeline, part of a drive by a bipartisan group of lawmakers to force a vote by the full Senate, Bloomberg said June 18.

The Energy and Natural Resources Committee voted 12 to 10 June 18 for legislation that would let Calgary-based TransCanada Corp. (TO: TRP.TO, NYSE: TRP) build, then operate, the $5.4 billion Canada-to-U.S. oil pipeline that has been snagged in disputes for more than five years. Joe Manchin, D-W.Va, and ...


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