Saskatchewan Economy may Suffer
“REGINA – Saskatchewan Premier Brad Wall says the latest delay in a decision on the proposed Keystone XL pipeline is a major blow to Canada’s energy industry.
The U.S. State Department announced last week that it wants to give federal agencies more time to review the $5.4-billion proposal by Calgary-based TransCanada (TSX:TRP).
TransCanada had hoped a legal dispute over the pipeline’s route in Nebraska would not further hold up a decision at the federal level.
Wall says he is deeply concerned and calls the delay a major disappointment.
He points out the pipeline has already passed the State Department’s own environmental impact assessment.
The 2,700-kilometre line would move bitumen from Alberta’s oilsands to refineries on the Gulf Coast of Texas….”