Seeking Alpha

Keystone route ruling should be overturned, Nebraska governor says

  • A court challenge holding up the Keystone XL (TRP +0.6%) pipeline should be dismissed, Nebraska Gov. Dave Heineman says as he asks the state’s top court to throw out a trial judge’s February ruling that the route for the pipeline was approved without proper authority.
  • The Nebraska Supreme Court may not hear the case until at least September and probably will not rule until after November's congressional elections; if the court upholds the trial outcome, Keystone would need to apply to the state’s Public Service Commission for approval in a process that could take as much as seven months.
  • The trial judge erred in allowing a challenge by three property owners to move forward because they hadn’t shown they had been injured as taxpayers by the state’s plan, the governor said in a court filing yesterday.
From other sites
Comments (3)
  • Topcat
    , contributor
    Comments (488) | Send Message
     
    People blame Obama for the delays, but he has to wait until the legal part plays out. Surprised GOP doesn't make a bigger deal of protecting private property owner rights here.
    22 Apr 2014, 01:12 PM Reply Like
  • marpy
    , contributor
    Comments (1068) | Send Message
     
    All the delays amount to BS that is thrown in the way of progress by a vocal minority that will do anything to push their will on the people. Obama is just a puppet on a spring that this minority is pulling. This pipeline should have been approved long ago.
    22 Apr 2014, 01:47 PM Reply Like
  • DonSimon
    , contributor
    Comments (109) | Send Message
     
    Since when has Obama "waited for the legal part to play out" ? Look at his track record. If it is convenient he even tramples the Constitution to do what he wants. (Look at his handling if obamacare exemptions.)
    He is on his knees thanking that judge for giving him a lifeline to again extend approval. Lol.
    This is a play for the November elections.
    23 Apr 2014, 02:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs