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Wednesday, September 11, 2013

Energy East: Oui; Keystone XL 3.0: Non

Marketwired is reporting:
TransCanada Corporation is moving forward with its plan to build a $12 billion west-to-east crude-oil pipeline across Canada, buoyed by firm commitments from shippers for nearly all of the pipeline's 1.1 million-barrel-per-day (BBL/d) capacity. The market response to the Energy East Pipeline was so strong that TransCanada has decided to partner with Imperial Oil Limited (Saint John, New Brunswick) on a $300 million deep-water port expansion in Saint John, New Brunswick.
$12 billion.

Energy East. Oui.

Keystone XL. Non. 

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