TransCanada Pushes Back In-Service Date for the Keystone XL As Late As End Of 2015

The Oil & Gas Journal is reporting:

TransCanada Corp. is pushing back the in-service date for its Keystone XL pipeline from late-2014 or early-2015 to second-half 2015.

The move follows on-going delays in issuing the US Presidential Permit for the project and comes just days after Canada’s Natural Resources Minister Joe Oliver remarked at the Center for Strategic and International Studies in Washington, DC, that stopping Keystone XL construction would not keep Alberta’s oil sands resources “in the ground.”

Hope springs eternal.