AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

imageWASHINGTON: The US Congress on Monday edged closer to approving the Keystone XL oil pipeline, with several Senate Democrats bucking President Barack Obama to vote for the contentious project's construction.

The legislation easily passed the House last week. It cleared its first major hurdle in the Republican-controlled Senate, advancing on a 63-32 vote, including 11 Democratic supporters.

But the count fell short of the 67-vote threshold that the bill will need to reach to override a veto should Obama follow through on his threat to veto the measure.

Monday's vote officially kicked off debate on the long-delayed project, which if constructed by builder TransCanada would transport crude from Alberta's oil sands south to refineries on the US Gulf Coast.

Keystone supporters received a boost Friday when Nebraska's Supreme Court dismissed a suit challenging a proposed route of the pipeline, which had been one of the primary rationales for the Obama administration delaying its decision on the pipeline.

Obama has also opposed Keystone due to environmental concerns, although his State Department concluded in its environmental impact statement that the effect would be minimal.

One of the bill's sponsors, Senate Republican John Hoeven, reminded the chamber Monday that building Keystone would mean "working with our closest friend and ally in the world."

US energy security would improve too, he added. "When it comes to geopolitical events that effect the price of energy, we're in a strong situation," he said.

Republicans, who see Keystone as a top economic priority, argue that the project would create 42,000 construction jobs.

But Democratic opponents like Senator Barbara Boxer insist those are merely temporary jobs, and that just 35 permanent jobs would be created for the 1,179-mile (1,900-kilometer) pipeline, according to the State Department.

"This is really a big hug and a big kiss to big oil, and Canadian interests," Boxer said after the vote.

Keystone would funnel crude from Alberta's oil sands, which environmentalists and other critics deride as dirty "tar sands" that take more energy and water to process.

Republicans say moving oil by pipeline releases far fewer emissions than transporting it by rail or road.

Copyright AFP (Agence France-Presse), 2015

Comments

Comments are closed.