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White House Makes Case For Rejecting Oil Pipeline

January 18, 2012, 1:41 PM

WASHINGTON - The White House is presenting its case for rejecting a Canadian company's plan to build an oil pipeline from Canada to Texas.

White House spokesman Jay Carney stopped short of saying a decision had been made. But amid a flurry of reports Wednesday that President Barack Obama would reject the Keystone XL pipeline, Carney suggested an announcement could be imminent.

Obama faces a February 21 deadline to decide whether the pipeline is in the national interest. Carney says the deadline is "purely political" and does not give the State Department enough time to properly view the pipeline proposal.

The $7 billion pipeline would run through six states and carry oil from Canada to Texas Gulf Coast refineries.

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