Report: Obama Set to Reject Keystone Pipeline

The Obama administration is expected to reject the controversial Keystone Pipeline this afternoon, according to Fox News.

The State Department is expected to vote against the pipeline this afternoon. Transcanada will however be allowed to reapply with an alternate route going through Nebraska.

The administration will be unlikely to approve the pipeline under the timeline for the payroll tax cut extension law which requires a decision by February 21

Read more at BusinessInsider.