Tuesday, June 26th 2012, 3:09 pm
The Army Corps of Engineers has approved part of the Keystone XL pipeline along the Texas Gulf Coast.
The Corps said in a letter Monday that TransCanada has approval for a 115-mile portion of pipeline near Galveston.
The company still needs approval for two other sections of the 485-mile line designed to transport oil from Cushing, Oklahoma to Texas refineries.
TransCanada is pursuing this portion of the pipeline as it awaits federal approval for Keystone XL, a plan it resubmitted in May.
President Barack Obama denied TransCanada's permit in January to start construction on the 1,700-mile pipeline, citing insufficient time to meet a Congress-mandated deadline.
3/22/2012 Related Story: In Cushing, Obama Says He Wants Fed To Cut Red Tape, Expedite Pipeline
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