Keystone XL Pipeline Delay May Lead to Alternative Pipeline Solution From Enbridge, Inc.

by Jeffrey Gordon on

Bloomberg Week

An article this week in Bloomberg Week Magazine discussed the possibility that a denial/delay by the U.S. State Department of TransCanada Corp’s Keystone XL Pipeline permit will likely lead to TransCanada Corp. withdrawing the application.  Consequently, that action might lead to Enbridge, Inc. moving forward with an alternative plan to move the “tar sands” oil to the U.S. refineries along Enbridge’s existing pipeline corridor which would not require State Department approval to build.

 

 

Read the article here

 

 

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