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    U.S. Sets Course To Approve Keystone Pipeline

    Investing News Network
    Apr. 15, 2011 05:03PM PST
    Resource Investing

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

    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.

    To read the full market news, click here.

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