Obama: No on oil pipeline, more review needed

WASHINGTON — President Barack Obama says he's denying an application for a Canada-to-Texas oil pipeline because a GOP-mandated deadline didn't allow time for a full review.

AP Photo/Susan Walsh

White House Press Secretary Jay Carney speaks during the daily briefing at the White House in Washington, Wednesday.

Obama says his decision isn't a judgment on the merits of the proposed $7 billion pipeline. Rather, he's citing the "arbitrary nature" of the Feb. 21 deadline that was set by a GOP-written provision in a recent tax bill that Obama signed.

The president says in a statement that he's disapp...