The following was put out last week....
TransCanada Corp. (TRP) may shorten the initial path for its rejected Keystone XL project, bringing oil from Montanas Bakken Shale to refiners in the Gulf of Mexico and removing the need for federal approval.
There certainly is a potential opportunity to connect the Bakken to the Gulf Coast, Alex Pourbaix, TransCanadas president of energy and oil pipelines, said in a telephone interview today. That is obviously something well be looking into over the next few weeks.
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