U.S. Sets Course To Approve Keystone Pipeline

The Globe and Mail reported that the approval of TransCanada Corp.’s (TSX:TRP) proposed Keystone pipeline is likely.

The market news is quoted as saying:

Amid soaring oil prices, the U.S. is seeking ways to reduce its reliance on supply from unstable countries. War and revolution in the Middle East have underscored how vulnerable overseas crude markets are to political upheaval.

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