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Republican-led Senate passed bill that would approve TransCanada Corp's project
Thomson Reuters Posted: Jan 29, 2015 1:18 PM ET Last Updated: Jan 29, 2015 4:12 PM ET
The U.S. Senate passed a bill on Thursday to approve the long-pending Keystone XL oil pipeline, despite the White House saying earlier in the day that President Barack Obama would veto the measure.
- 5 Keystone XL pipeline hurdles still ahead
- Keystone XL pipeline will be approved, Greg Rickford predicts
- Keystone bill would be vetoed by Obama, White House says
The Republican-led Senate passed the bill that would approve TransCanada Corp's project to carry 800,000 barrels per day of heavy Canadian crude to Nebraska on the way to Gulf Coast refineries and ports.
The House has passed its own pipeline bill and will work with the Senate to send the bill to the Obama's desk. After the potential veto, Obama is expected to make his own decision on the pipeline after the State Department finishes a review in coming weeks.
While the project would create thousands of temporary construction jobs, a State Department report said fewer than 40 workers would be needed to operate Keystone XL.
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