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By MATTHEW DALY, Associated Press WASHINGTON (AP) The White House on Monday welcomed a Canadian company's plan to build an oil pipeline from Oklahoma to Texas after President Barack Obama blocked the larger Keystone XL pipeline from Canada. The new proposal by Calgary-based TransCanada does not require presidential approval because it does not cross a U.S. border. The 485-mile pipeline is expected to cost about $2.3 billion and be completed next year, pending approval by federal, state and local governments. The Obama administration had suggested development of an Oklahoma-to-Texas line to alleviate an oil bottleneck at a Cushing, Okla., storage hub. Obama rejected the Keystone XL pipeline last month,http://www.cardplayer.com/profiles/173512-romeowillums1024/blogs/, citing uncertainty over a route that avoids the environmentally sensitive Sandhills region in Nebraska. He said there was not enough time for a fair review before a looming deadline forced on him by Republicans,cheap toms. The action did not kill the project but,toms shoes sale, for the second time in three months, put off a tough choice on the pipeline project, which has become the focus of a heated political fight. Pipeline supporters including congressional Republicans and many business and labor leaders call it an important job creator, while opponents say it would transport "dirty oil" from tar sands that requires huge amounts of energy to extract. They also worry about a possible spill. White House press secretary Jay Carney said Monday that Obama was pleased with TransCanada's latest announcement. "Moving oil from the Midwest to the world-class, state-of-the-art refineries on the Gulf Coast will modernize our infrastructure, create jobs,http://www.cardiar.com/upload/read.php?tid=3522988, and encourage American energy production," Carney said in a statement. "We look forward to working with TransCanada to ensure that it is built in a safe, responsible and timely manner, and we commit to take every step possible to expedite the necessary federal permits." TransCanada said Monday it still hopes to build the full 1,700-mile Keystone XL pipeline, which would carry oil derived from tar sands in Alberta,toms kids shoes, Canada to refineries along the Texas Gulf Coast. The proposed $7 billion pipeline would run through Montana, South Dakota, Nebraska and Kansas before reaching Oklahoma. The company said it is working with Nebraska officials to find a route that avoids the Sandhills region,http://www.tenxu.net/forum.php?mod=viewthread&tid=654094. Carney said Obama's Jan. 18 decision to delay the pipeline