A leading congressional supporter of the Keystone XL pipeline predicted President Barack Obama will reject the project when Congress is set to be out of town in August. Senator John Hoeven, a North Dakota Republican, cited “sources” Tuesday as he discussed the pipeline in a Senate floor speech without identifying where his information came from. “He’ll wait until Congress is out of session for August,” Hoeven said, according to Bloomberg BNA. The $8 billion Keystone XL project proposed by TransCanada Corp. has become one of the most contentious energy issues of Obama’s presidency. Environmentalists oppose the pipeline because it would promote development of the Alberta oil sands, which releases more greenhouse gases than conventional drilling. Hoeven supports the Keystone XL pipeline, which would have the capacity to carry about 830,000 barrels of oil a day to U.S. Gulf Coast refineries. Obama vetoed a bill the Republican-led Congress passed this […]