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Keystone pipeline bill stalls in Senate

  • Democrats in the U.S. Senate blocked the Keystone XL (NYSE:TRP) pipeline bill from moving forward on Monday, prolonging the chamber’s debate over the project.
  • Senators voted 53-39 against a motion that would have allowed a vote on a final bill; it needed 60 to pass.
  • Citing a continuing review process by the State Department, the White House has said President Obama would veto the measure should it reach his desk.

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