Friday, May 4, 2012

New pipeline pitch

Look what just got dropped in Obama's lap:
CALGARY, ALBERTA--(Marketwire - May 4, 2012) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) announced today it has submitted a Presidential Permit application to the U.S. Department of State (DOS) for the Keystone XL Pipeline from the U.S./Canada border in Montana to Steele City, Nebraska. TransCanada will supplement that application with an alternative route in Nebraska as soon as that route is selected.
How will the Obama team play the new request this close to the election?

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