Billionaire Warren Buffett said this week he supports the Keystone XL oil sands pipeline, inserting himself in a politically divisive debate on the project. "I’m not an expert, but it certainly seems like it makes sense to me,” Buffett said Monday when asked on Fox Business Network whether he would support the pipeline if it doesn’t threaten an environmentally sensitive region in Nebraska.

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The Hispanic Leadership Fund, an organization that advocates limited government and free markets, joined US oil and gas industry leaders in urging US President Barack Obama to approve the Keystone XL crude oil pipeline project. HLF Pres. Mario H. Lopez’s announcement came as a joint US congressional committee began discussing whether to keep a provision approving the project in the new surface transportation bill.

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A Canadian company has come forward with a new application for the hotly debated Keystone XL pipeline, once again placing a crucial decision over jobs, energy and the environment in front of the Obama administration, which rejected an earlier bid to build the $7-billion structure.

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The Nebraska Department of Environmental Quality will conduct a series of information sessions in May to discuss with the public the proposed Keystone XL pipeline route corridor information submitted by TransCanada. The four meetings will be located along the proposed corridor area.

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A day ahead of President Barack Obama's visit to Maine, the Republican-led state Senate has passed a resolution urging the president to support the completion of the Keystone Xl pipeline.

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A bill that would allow Nebraska to resume its environmental review of the Keystone XL pipeline has won first-round approval from state lawmakers.

Lawmakers voted 35-2 Thursday to advance the measure by Papillion Sen. Jim Smith.

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Fortunately, the President seems to understand this. Beginning with his State of the Union address in January, the President has stressed the importance of an all-of-the-above approach to energy – which indeed we will need to fulfill our long-term energy and security needs.

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TransCanada Corp. said Thursday that construction of the southern leg of its proposed Keystone XL oil pipeline won't be accelerated by a White House promise of fast-tracked federal approval, a presidential commitment that observers suggested could affect permitting of the full line from Alberta.

Speaking at the Cushing, Okla., delivery point for U.S.traded crude, Obama said his plan to expedite the 780kilometre stretch of Keystone XL from the oil hub to Texas refineries was a "common sense" move that would reduce a Midwest crude supply glut.

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Montana Governor Brian Schweitzer, who's been a big advocate for the Keystone XL Pipeline, says it's not a matter of "if" it gets built, but "when."

Schweitzer says he's pleased to see President Obama move forward with the southern portion of the project from Cushing, Oklahoma to refineries along the Texas Gulf Coast.

The governor went on to say he's willing to wager that the northern section of the pipeline will be approved sooner than later.

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President Barack Obama firmly defended his record on oil drilling Thursday, ordering the government to fast-track an Oklahoma pipeline while accusing Congress of playing politics with a larger Canada-to-Gulf Coast project.

Deep in Republican oil country, Obama said lawmakers refused to give his administration enough time review the controversial 1,170-mile Keystone XL pipeline in order to ensure that it wouldn't compromise the health and safety of people living in surrounding areas.

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