Obama Denies Proposed Oil Pipeline

The house proposal for a 1700-mile oil pipeline that runs from Alberta, Canada to Texas has been denied by President Obama.

The President says he's denying an application for the Canada-to-Texas pipeline because the GOP-mandated deadline didn't allow time for a full review.

Obama says his decision isn't a judgment on the merits of the proposed $7 billion pipeline. Rather, he's citing the "arbitrary nature" of the Feb. 21 deadline that was set by a GOP-written provision in a recent tax bill that Obama signed.

The President says in a statement that he's disappointed that Republicans in Congress forced the decision. He had until late next month to decide whether the pipeline was in the national interest.

Administration officials say the looming deadline cut short the time needed to conduct environmental reviews after the State Department ordered the project developer to find an alternate route to avoid environmentally sensitive areas of Nebraska.

The 1,700-mile pipeline would carry oil from tar sands in western Canada to six refineries in Texas. It would pass through Montana, South Dakota, Nebraska, Kansas and Oklahoma.

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