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March 4, 2008

Feds OK $5.2B Keystone pipeline

BISMARCK, N.D. (AP) — The U.S. State Department intends to issue a permit this month for a $5.2 billion pipeline that would transport crude oil from Canada through seven states.

The State Department, in a decision published Monday in the Federal Register, said that if no other federal agency objects, a permit will be issued within 15 days for the Keystone pipeline, a project of TransCanada Corp. of Calgary, Alberta.


 
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