US Sen. Brown votes to back new oil pipeline
BOSTON—U.S. Sen. Scott Brown has voted in favor of a plan to speed approval of a new oil pipeline.
The Democratic-controlled Senate defeated the measure on a 56-42 vote Thursday after President Barack Obama lobbied Democratic senators to oppose the 1,700-mile Keystone XL pipeline.
The proposal is designed to carry tar sands oil from western Canada to refineries along the Texas Gulf Coast.
Brown, a Republican, said the project could create thousands of new jobs, reduce gas prices, and help ease dependence on Middle East oil.
Democratic Senate candidate Elizabeth Warren blamed rising gas prices on oil speculators who she said are driving up prices at the pump.
Warren said the Commodities Futures Trading Commission has the tools to rein in speculation. She said those efforts are being blocked by Wall Street interests.