GOP, construction industry weigh in on rejection of Keystone oil pipeline proposal:

01/19/2012 | Reuters · National Public Radio · Reuters

The lack of time to review the alternate route that would move the Keystone XL pipeline project away from the Nebraska aquifer was key to President Barack Obama's decision to reject the permit for the $7 billion TransCanada project. Republicans are upset with the decision, with one calling it "stunningly stupid," and unions are "furious," calling the move a "job killer." Though TransCanada can reapply for the project, completion of a new environmental assessment for the new route will take 12 to 18 months at least, though the agency can use previously submitted documents to facilitate the review.

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Reuters · National Public Radio · Reuters

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