Tuesday, March 22, 2011

TransCanada Keystone XL: If Approved By End of Year, No Increased Cost For Project

Link here. Regional links break early and break often.

Data points:
  • Approval of Canadian-US pipeline delayed for further review.
  • Company still thinks it will be approved by end of year.
  • $7 billion project: Shovel-ready.
"Our impression is that we'll have a decision by the end of the year," a company spokesman said. "If we get a decision later, we would have to do a recalculation."

If approval delayed, the company would have to recalculate the cost.

This delay for approval is part of the administration's national energy program.

Here's where I follow Keystone XL

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