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UPDATE 1-Keystone pipeline backer again seeks US Congress approval |
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By Roberta Rampton
WASHINGTON, July 23 (Reuters) - A Republican lawmaker who has tried several times to marshal congressional support to speed approval of the Keystone XL crude oil pipeline is taking another crack at it with a new bill, but said the strategy for moving the plan forward was not yet clear.
Lee Terry said Monday's announcement that China's state oil company CNOOC plans to buy Nexen Inc, a player in Canada's massive oil sands resource could give political momentum to his latest push.
He said the $15.1 billion deal backs Republican arguments that China will dominate Canada's oil resources if the United States stalls the Keystone pipeline, designed to ship oil from Albertan oil sands to Texas refineries.
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