NEW YORK Nebraska Gov.
Dave Heineman has approved the new route in the state for
TransCanada Corp.s proposed Keystone XL pipeline.
The Calgary, Alberta-based
energy company applied for a new route last year after facing
several delays, including the denial of a presidential permit
amm.com, Jan. 7).
The new route bypasses the
states environmentally sensitive Sandhills region, a
previous point of contention.
President Obama must still
approve the project, which aims to bring oil from Calgary to
Texas Gulf Coast. Proponents say the pipeline would
encourage energy independence, as well as create demand in the
pipe and tube market.
Construction of the pipeline would result in $418.1 million
in economic benefits to the state and support as many as 4,560
new or existing jobs, TransCanada said on Jan. 22.