A Puzzling Pipeline Protest
The Canadians have been warning that, when it comes to oil, they intend to develop and export as much as possible. If the U.S. doesn't want it, others will, and Canada is ready to answer the markets. But it turns out that the U.S. does want Canada's oil -- and more North American pipelines are planned.
TransCanada (TRP) has already built its Keystone Pipeline, and it's been moving oil from Alberta to Midwest and Cushing Oklahoma markets since June 2010. The Keystone Pipeline has been so successful that TransCanada wants to supersize it by adding and extending the existing system. The supersized project is called the Keystone XL (for extra-long and extra-large), and only one link amid that project has been controversial....596 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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