Friday, December 21, 2012

U.S. Ruling on Keystone XL Pipeline Could Slip Again, Analyst Says

Reuters: A top risk-management analyst warned on Friday that a decision by Washington on TransCanada Corp's (TRP.TO) Keystone XL pipeline could get delayed again into next summer, adding more pressure to already deeply discounted Canadian oil prices. The U.S. State Department has said it will rule on the $5.3 billion Canada-to-Nebraska pipeline by the end of March, assuming Nebraska approves a new route that skirts an environmentally sensitive region in the state. However, Robert Johnston, director...

URL: http://www.reuters.com/article/2012/12/21/us-transcanada-keystonexl-idUSBRE8BK14C20121221

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