Lawsuit Filed Over Keystone Pipeline
A lawsuit is filed over the Keystone X-L oil pipeline.
TransCanada filed a federal lawsuit in Houston alleging President Obama’s decision in November to kill the pipeline exceeded his power.
The company will also submit a separate petition seeking more than $15 billion in damages, alleging the U.S. breached its obligations under the North American Free Trade Agreement.
The energy industry had argued the pipeline would create thousands of jobs and inject billions into the economy.
Environmental activists spent years denouncing the pipeline.
