Saskatchewan premier, U.S. governors push Obama for Keystone pipeline approval

REGINA – Saskatchewan Premier Brad Wall and 10 U.S. Republican governors are urging President Barack Obama to approve the Keystone XL pipeline.

The political leaders have sent a joint letter to Obama that says the pipeline is crucial for energy security and the future economic prosperity of both countries.

The TransCanada (TSX:TRP) line would carry bitumen from the Alberta oilsands to U.S. refineries in the Gulf of Mexico.

The governors and Wall — who has repeatedly called for the pipeline to be approved — also say the project will create thousands of jobs on both sides of the border.

Obama rejected the pipeline last year, but invited TransCanada to file a new application with an altered route that would skirt an ecologically sensitive area in Nebraska.

TransCanada did that and is now waiting word on approval from the State Department.

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