Canada toughens tone on Keystone approval

Posted by Reuters: Bruce Nichols on November 1st, 2011
Reuters: Canada is toughening its tone on the Keystone XL pipeline, warning the Obama administration that rejection of TransCanada Corp's $7 billion project could prompt Ottawa to concentrate on selling its oil-sands-derived crude to Asian customers instead. "What will happen if there wasn't approval -- and we think there will be -- is that we'll simply have to intensify our efforts to sell the oil elsewhere," Joe Oliver, Canada's natural resources minister, told Reuters on Monday. In the face of rising......

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