Energy

Reuters Africa reports that a leading Republican Senator on Wednesday called for the White House to approve the Keystone pipeline that would transport crude from Canadian oil sands to the Gulf coast.

Reuters UK reports A leading Republican Senator on Wednesday called for the White House to approve the Keystone pipeline that would transport crude from Canadian oil sands to the Gulf coast.

The market news is quoted as saying:

The pipeline has run into stiff opposition from green groups and some lawmakers who say the pipeline poses an environmental threat and would lock the United States into dependence on “dirty oil” from Canadian oil sands.

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