"Obama Keystone Choice Pits Donors Against At-Risk Senate"

"President Barack Obama’s advisers are lining up against the proposed Keystone XL oil pipeline. Top Democratic donors oppose the project. And Obama himself dismisses claims that it will create many jobs.

Yet there’s still one big obstacle to the president saying no to Keystone: election-year politics.

If Obama rejects the pipeline, it might sink Democratic candidates in states with big energy industries, such as Louisiana and Alaska. That could cost Democrats control of the Senate -- a risk that’s likely to weigh heavily on any decision the president makes, to approve the pipeline, reject it or wait until after November to announce a decision."

Julianna Goldman reports for Bloomberg News March 20, 2014.

SEE ALSO:

"Agribusiness: Senate Hears Keystone Debate" (WHO-TV Des Moines 13)

"Poll: Keystone Splits Dems in Key Demographics" (E2 Wire/The Hill)

"Canada Names Keystone XL Advocate Oliver as New Finance Minister" (Reuters)

"Keystone XL Pipeline Divides Democrats" (Pew Research Center for the People & the Press))

"Democrats Lean Toward Building Keystone XL, Poll Shows" (Los Angeles Times)
 

Source: Bloomberg, 03/20/2014