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Obama administration kills Keystone XL pipeline

JOSH LEDERMAN
Associated Press

WASHINGTON — President Barack Obama says he's rejecting the Keystone XL pipeline because he does not believe it serves the national interest.

Obama says the pipeline has played an overinflated role in political discourse.

Obama is speaking at the White House after meeting with Secretary of State John Kerry.

The decision caps a seven-year saga that became a flashpoint in Obama's presidency. Killing the pipeline allows Obama to claim aggressive action on the environment.