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Despite TransCanada's Recent Pipeline Leak, Nebraska OK's Keystone XL Expansion
Monday, November 20, 2017 - 12:58pm | 264TransCanada Corporation (USA) (NYSE: TRP) spiked 2 percent intraday Monday after Nebraska’s Public Service Commission approved the extension of the Keystone XL crude oil pipeline. The victory comes just days after a 5,000-barrel leak forced the closure of TransCanada’s controversial...
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Trump's Move To Leave Millions Of Acres Unprotected Rooted In Old Land Battles
Thursday, April 27, 2017 - 8:48am | 688President Donald Trump’s executive order to review federal control of millions of acres is, for now, the latest salvo in a land-use war almost as old as the Old West itself. Trump signed an executive order Wednesday calling on Interior Secretary Ryan Zinke for an unprecedented review of more...
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Keystone Pipeline Will Create Thousands Of Jobs, But How Many Will Be Permanent?
Monday, March 27, 2017 - 8:54am | 824The Trump administration has approved completion of the controversial Keystone XL oil pipeline project, authorizing TransCanada Corporation (USA) (NYSE: TRP) to go ahead with the construction of the pipeline in the Phillips County, Montana, along the U.S.-Canadian border. That said, doubts have...
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Speaker Ryan: End Of Oil Export Ban Is Like 'Having 100 Keystone Pipelines'
Tuesday, December 22, 2015 - 2:20pm | 203The construction of TransCanada Corporation (NYSE: TRP)'s Keystone XL Pipeline was controversial and politically polarizing with Republicans mostly in favor of the pipeline and Democrats mostly against the construction. Meanwhile, U.S. Congress recently voted to permanently lift its 40-year-old ban...
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Despite Senate Win, Keystone Pipeline Still Clogged By Politics
Saturday, January 31, 2015 - 3:03pm | 518After weeks of debate over climate change and renewable energy issues, the U.S. Senate approved legislation that will allow TransCanada Corporation (NYSE: TRP) to move forward with its Keystone XL oil pipeline. The project will permit the company to move roughly 800,000 barrels of Canadian...
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Market Wrap For January 31: Markets End January On Sour Note
Friday, January 31, 2014 - 5:38pm | 2825U.S. stocks fell steeply on Friday as Wall Street recorded its first monthly loss since August. Investors have plenty on their plate to worry about from emerging markets, an earning season failing to ignite excitement and a lackluster consumer confidence that is being felt by many retailers who...