Keystone decision a setback for Canada-U.S. relations
The Obama administration's move to sideline the Keystone XL pipeline is a major setback for relations between the world's two largest trading partners, and threatens Canada's role as the leading energy supplier to the United States.
The U.S. State Department's decision to force TransCanada Corp. to explore alternative pipeline routes in Nebraska pushes out a final ruling until at least 2013, well after next year's U.S. presidential and congressional elections.
The delay puts at risk a vital piece of the historic economic relationship that binds the world's largest oil market and its largest supplier.
Read the full article here.
The Obama administration's move to sideline the Keystone XL pipeline is a major setback for relations between the world's two largest trading partners, and threatens Canada's role as the leading energy supplier to the United States.
The U.S. State Department's decision to force TransCanada Corp. to explore alternative pipeline routes in Nebraska pushes out a final ruling until at least 2013, well after next year's U.S. presidential and congressional elections.
The delay puts at risk a vital piece of the historic economic relationship that binds the world's largest oil market and its largest supplier.
Read the full article here.