Keystone Pipeline
Recently, the Obama Administration announced it will extend a key review period of the Keystone XL Pipeline indefinitely. Most political pundits think this delay will push a decision until after the 2014 mid-term elections, which could signal the Administration’s intent to not approve the project. However, in its announcement, the State Department cited ongoing litigation in the Nebraska Supreme Court (which could re-route the pipeline) and additional time needed to review an unprecedented number of public comments received during the most recent comment period.…