The State Department will announce the decision on Keystone XL pipeline is “no,” as early as Wednesday, an industry source told Fox News, suggesting that the department will say 60 days is inadequate time to do the required environmental impact assessment on the path of the coveted pipeline.

For three years, the State Department has been reviewing the initial proposal to run a pipeline from Canada down to Texas through a sensitive Nebraska aquifer — authority it has because of the transnational path the route takes. The pipeline had been through several other federal, state and local approvals, but the department backed away from signing off on the plan last year after environmentalists complained.

Industry workers and Republicans contend the project would create thousands of jobs, and Canada’s prime minister has warned if the U.S. can’t get on board, the North American nation will look to team with China.

“Unfortunately Prime Minister Harper of Canada just this week said because of the volatile indecisiveness on the part of this president, that they feel they are being held hostage and they will take their energy elsewhere specifically to Asia and China,” Jack Gerard, president and CEO of the American Petroleum Institute, told Fox News Radio.

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