Canadian PM sees Keystone XL approval, with or without Obama

|By:, SA News Editor

Steven Harper's frustration with Pres. Obama's long delays in deciding the fate of the Keystone XL (TRP +0.4%) pipeline comes through again, saying if Obama doesn’t approve the pipeline, another president will.

The Canadian prime minister says he remains relatively unperturbed about the drawn-out Keystone review, maintaining its approval is “inevitable.”

"It takes a lot of energy to repress and to block a decision that is clearly and overwhelmingly in the national interest of the country," the PM says.

Meanwhile, Alberta Premier Alison Redford, who has lobbied the U.S. to approve Keystone, says her oil-rich province won’t toughen rules to cut carbon emissions from crude producers until the U.S. takes similar steps.