Keystone battle goes on despite Obama veto: Prentice
Alberta premier maintains that the pipeline is in the best interests of both Canada and the US.
Oil & Gas
EDMONTON — Alberta Premier Jim Prentice says the struggle over Keystone XL is not over, even with the veto of a bill approving the transcontinental pipeline.
Prentice says the pipeline is ultimately in the best interests of both Canada and the US, and says he believes that view will ultimately prevail.
He says North America is an integrated energy market and that without a pipeline, Canadian oil will continue to enter the US by rail.
Prentice made the comments after US President Barack Obama made good on a threat to veto a bill to approve the pipeline.
A White House spokesman says the veto doesn’t necessarily mean Barack is against the pipeline, but rather to emphasize the decision is his alone given that the project crosses the border.
There’s an expectation that US lawmakers might try bringing Keystone back as part of bill that is favoured by Obama.
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