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Obama win stokes Tories’ hopes for Keystone pipeline from oilsands to U.S.

In this Feb. 28, 2008 file photo, rail cars arrive in Milton, N.D., loaded with pipe for the first Keystone Pipeline project, which now carries crude oil across Saskatchewan and Manitoba, and through North Dakota, South Dakota, Nebraska, Kansas, Missouri and Illinois. TransCanada's second pipeline, the $7 billion Keystone XL, designed to carry crude oil from oil sands near Hardisty, Alberta to the Gulf Coast, is awaiting final approval from the U.S. State Dept.
In this Feb. 28, 2008 file photo, rail cars arrive in Milton, N.D., loaded with pipe for the first Keystone Pipeline project, which now carries crude oil across Saskatchewan and Manitoba, and through North Dakota, South Dakota, Nebraska, Kansas, Missouri and Illinois. TransCanada's second pipeline, the $7 billion Keystone XL, designed to carry crude oil from oil sands near Hardisty, Alberta to the Gulf Coast, is awaiting final approval from the U.S. State Dept. Eric Hylden, Grand Forks Herald/The Canadian Press

OTTAWA – The Harper government is optimistic that the Keystone XL pipeline will finally move forward now that the presidential politicking south of the border is finished.

Natural Resources Minister Joe Oliver says he’s confident the newly re-elected administration of Barack Obama will see the economic benefits of the pipeline that would carry crude from the Alberta oilsands to U.S. refineries in the Gulf of Mexico.

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Obama delayed approval of the project until next year – after Tuesday’s presidential election – after environmental groups put enormous pressure on his government.

Oliver says the pipeline will create jobs in Canada and the United States.

Prime Minister Stephen Harper was not pleased with Obama’s decision to delay approval, but has said he understands the realities of U.S. presidential politics.

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