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Oil ends lower after pipeline rejection

Crude-oil futures ended lower Wednesday after the White House rejected a Canadian company

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Keystone oil sands pipeline rejected, for now

NEW YORK (CNNMoney) — The Obama administration rejected a bid to expand the controversial Keystone oil sands pipeline Wednesday, saying the deadline imposed by Congress did not leave sufficient time to conduct the necessary review. "The rushed and arbitrary deadline insisted on by Congressional Republicans prevented a full assessment of the pipeline’s impact, especially the [...]