Federal Government Approves New Natural Gas Pipeline -- So Much For That "Climate Change" Speech

Yahoo!News is reporting:

The federal government has given the green light to a proposal to build 234 miles of pipeline to transport natural gas liquids from one corner of New Mexico to the other and ultimately to markets in South Texas.

The Bureau of Land Management's approval of the Western Expansion Pipeline III project comes just a week after President Barack Obama unveiled his plan for combating climate change, part of which included boosting the role of natural gas in energy production.

News of the pipeline's approval encouraged oil and gas developers in New Mexico, which is home to portions of both the Permian and San Juan basins.