Keystone XL: The Chinese Need To Buy It or TransCanada Needs to Shift It Ninety Degrees

The Chinese have bought a second stake in the Canadian oil sands, even as the US continues to debate the need for that oil.

The Keystone XL project is dead in the water, here in the states. TransCanada either needs to shift the pipeline 90 degrees, running it east-to-west, or sell the assets to the Chinese and let them do it.

This is not rocket science. TransCanada just wants to sell their oil; they really don't care to whom.