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TransCanada ramps up East Coast pipeline as Keystone stalls

2013-08-01 16:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: TransCanada Corp announced plans on Thursday for Canada's largest pipeline, a 2,700-mile, $12 billion line to ship crude from the oil sands of Western Canada to the Atlantic, as its U.S.-bound Keystone XL project stalls in Washington. Canada's No. 2 pipeline company said "strong market support" convinced it to build the 1.1-million-barrel-per-day Energy East Pipeline, which will bring crude from Alberta to refineries in Eastern Canada and to a new deepwater oil terminal on the Atlantic for export...

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