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Which nation will be the world’s leading superpower a few decades from now? I fervently hope it is the United States, and I have great faith in American ingenuity. But the Obama administration’s rejection of the Keystone XL pipeline is a reminder of why our No. 1 position is in jeopardy.

The Keystone XL pipeline would bring oil from the Canadian oil sands and North Dakota’s Bakken Formation to U.S. refineries on the Gulf Coast.

 

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