Monday, January 30, 2012

Higher spending on lobbying failed to prevent delay of Keystone XL project


WASHINGTON - TransCanada, the pipeline company pushing the recently rejected Keystone XL project, spent $410,000 on federal lobbying during the last three months of 2011, a new quarterly high for the company.

The total is $20,000 more than TransCanada spent in the previous quarter and nearly double the $220,000 it spent in the second quarter of 2011. Altogether, the company paid $1.33 million on lobbying in D.C. last year.

TransCanada was seeking State Department approval of the proposed 1,702-mile-long Keystone XL pipeline. The $7 billion project will connect Canadian tar sands deposits to Texas refineries.

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