Keystone Ardor Cools Among Producers with More Options

Bloomberg: Now that the U.S. government has cleared the Keystone XL project of any dire environmental impact, attention is returning to why the pipeline was needed in the first place: to get more Canadian oil to U.S. refineries. TransCanada Corp. (TRP)’s Keystone promises to ease a bottleneck that’s limited how much Canadian crude can flow south. The lack of transportation has created a glut that deflated prices for producers in the country. After five years waiting for U.S. approval, though, the need for......

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